The Aporia
The Aporia
Cecil, N. (2026, September 19). London house prices shock: Four boroughs see falls of more than 10% in a year as economy hit. Evening Standard. https://www.standard.co.uk/news/london/house-prices-london-fall-rents-rise-economy-hit-donald-trump-war-iran-b1297535.html
Cecil, Nicholas. “London house prices shock: Four boroughs see falls of more than 10% in a year as economy hit.” Evening Standard, 19 Sept. 2026, https://www.standard.co.uk/news/london/house-prices-london-fall-rents-rise-economy-hit-donald-trump-war-iran-b1297535.html.
Cecil, Nicholas. “London house prices shock: Four boroughs see falls of more than 10% in a year as economy hit.” Evening Standard, September 19, 2026. https://www.standard.co.uk/news/london/house-prices-london-fall-rents-rise-economy-hit-donald-trump-war-iran-b1297535.html.
Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.
In London, house prices declined sharply in several boroughs by July 2023. Four boroughs saw more than a 10% drop, with Hammersmith and Fulham at 9%, Lambeth at 6.3%, Wandsworth at 5.5%, Newham at 5%, and Barnet at 4.9%. Despite this trend, eleven boroughs experienced an increase in house prices, notably Barking and Dagenham which rose by 5.3%, from £357,000 to £376,000. Across the city, the average house price dropped by 3.3% year-over-year while rents increased by 3.6% due to factors like higher energy costs and landlord exit from the market. Experts suggest that economic uncertainty and rising inflation are contributing to these shifts in property values.
.jpeg?width=1200&auto=webp&quality=75)