The average UK property price dropped by 0.5% in September; London prices fell by nearly 0.9%

UK house prices increased at the slowest annual rate since 2013 last year, according to the latest UK HPI

In the year to April's end, average house prices increased in London to £480,425 (2.3%), in England to £251,000 (2.5%), Wales to £169,000 (5.0%), Scotland to £153,000 (1.

"Increased London house price growth may reflect a larger shift in the type of properties being sold than usual," says the official UK House Price Index, "with more sales of very high value properties.