Up to 25% wiped off house prices in some of UK's wealthiest areas

Your Move says Brexit impact has led to falls in some cases of almost £500,000 in 12 months

House prices in some of Britain’s wealthiest areas have had up to 25% wiped off their value in 12 months as Brexit turmoil continues, according to the estate agent Your Move. That has meant typical price falls in some cases of almost £500,000.

Meanwhile, data from the property website Rightmove revealed the average asking price of a London home had fallen below £600,000 for the first time since August 2015, and was well below its peak of almost £650,000 reached a few weeks before the Brexit vote in 2016.

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from Property | The Guardian http://bit.ly/2Hkdp4U
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