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Mon 18 May 2009, The Times
London house prices- find out how your borough has fared
Property prices in London have fallen by almost 21 per cent over the last year, according to the latest Halifax house price index, declining at a faster rate than the the rest of the UK, which recorded an average 17.7 per cent drop. The average home in London cost £237,408 in the first quarter of 2009, compared with £300,142 in the first quarter of 2008.