Sales

London's average property price dropped by a sharp 2.9% in September, according to the latest official statistics, taking annual growth in the capital down to +2.8% (from +6.7% in August)

The property market is "far less frenzied" than it has been over the last year, says national buying agency Garrington, although prices continue to rise and buying activity continues to be "robust".

Knight Frank reports a ‘superb run’ of 57 deals across schemes in central and outer London as buyers hone in on completed stock.

LonRes has recorded some healthy transaction volumes above £2m, but prospective buyers are now facing a distinct lack of options…

It’s a 'confusing and patchwork' picture for buyers and sellers right now, reports Knight Frank, with big variations in value depending on neighbourhood, property type, amenities and state of repair.

A 0.6% dip in average asking prices is "an early Christmas present" for home-buyers, says Rightmove, while a jump in valuation requests from potential property vendors is "a sign of building momentum.

The market has been buoyant this year, reports the franchise operator, but trading conditions are expected to return to a 'more normal pattern' in the months ahead

Less than a quarter of surveyors think that a property’s energy efficiency rating has any impact at all on a its selling price, according to a new survey by the RICS.

Surveyors reported a small dip in sales volumes despite rising buyer enquiries in October, as house-hunters struggled to find suitable homes to buy.

The annual rate of inflation across England & Wales has slipped to 4.1%, reports Acadata, but ‘there will be no price collapse as some had previously suggested’

There are people returning to Notting Hill because they thought rural life would be like Soho Farmhouse, says Dominic Agace.

Two-thirds of homes listed for sale on Rightmove are already marked as Sold Subject to Contract, up from around half last Autumn.