House prices fall £10,000 in just two months in biggest drop since 2012 as sellers try to attract buyers amid Brexit uncertainty and Christmas slowdown
The average price of a home is nearly £10,000 cheaper than it was only two months ago.
The typical price of property coming on to the market fell by 1.5 per cent, or £4,496 month on month, in December, online estate agents Rightmove said.
The average asking price now stands at £297,527 – 3.2 per cent or £9,719 less than in October.
Rightmove said it is the biggest fall over two months since 2012, as sellers try to attract buyers against a backdrop of the Christmas slowdown, stretched affordability and political uncertainty.