London house prices down five per cent but one borough has bucked the trend

London house prices fell 4.8 per cent between February 2024 and 2023.Within London’s many property micro-markets there were some interesting trends, with some boroughs even seeing an increase in house prices.But the trendy east London borough of Hackney has bucked the trend with a rise in house prices of 1.3 per cent, the strongest growth in across the entire capital, adding £6,700 to house prices on average.The average house price is now £589,517 in the popular London borough.