The Times (Bricks & Mortar)
Nationwide say that house prices went down 0.9% in June with the average house price now being £172,415. That’s a drop of £13,500 from its peak just over a year ago. Despite all the recent falls, property value is still 4% higher than two years ago and 9% higher than three years ago.
Although the Land Registry lags behind with its figures, it is widely regarded as being the most accurate, because it bases its figures on completions rather than asking prices.