These are the 5 best-value flights from London for a last-minute break this summer

Shutterstock/Lukasz Janyst

Bargain hunters, rejoice! The cost of flights to some popular European holiday destinations this summer has almost halved compared to last year.

Kayak Travel has just launched a new online tool that lets users search travel trends, including where flight prices are falling the most, and the cheapest times to fly.

We used the "Price Winners & Losers" function to find out where flights departing from the UK in August — peak travel time for Brits — have fallen the most compared to last year.

The destinations are ranked in ascending order, by the greatest drop in the cost of return flights. The prices are an average of fares from multiple airlines:

5. Milan, Italy — from £72 (-37%).

Shutterstock/Michal Bednarek

4. Oslo, Norway — from £91 (-39%).

Shutterstock/Arne JW Kolstoe

3. Ibiza, Spain — from £100 (-43%).

Shutterstock/Pawel Kazmierczak

2. Stockholm, Sweden — from £89 (-43%).

Oleksiy Mark/Shutterstock

 1. Toulouse, France — from £95 (-46%).

Shutetrstock/Anibal Trejo

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