Annual house price growth at lowest rate in 11 years

Knight Frank's latest index shows annual growth slipped from 2.3% to 1.4% in Q1, but 91% of the 55 markets tracked were still in positive territory.

Fewer than a third of consumers now expect prices to rise over the next 12 months, down from more than half last year, according to latest OnTheMarket poll.

Rising supply and dwindling demand are keeping values under pressure in the capital's most exclusive postcodes, reports LonRes.