You would have to have been living under a rock for the past ten years not to know that London has the highest house prices in the United Kingdom, and to be fair, it stands to reason. Being the capital city, it is the hub of the country, and as every business wants to be there, everyone else wants to be there too! It rightly has the reputation of being one of the greatest cities in the world, and it stands to reason that prices would be high.

Despite these high prices, people are still moving to London in their droves. If you are after a house in the capital, then there is a way in which you can keep an eye on house prices london from a distance.

There's a site called find a property.com which offers lots of statistics about the average prices in different areas of the country. Amazingly, the average house price in London as we speak is a staggering £425,259! the good news though, is that this is a falling figure, and what's more, the figure is falling more sharply than in the rest of the country. This means of course that the price differential between your own home outside of London, and a home in London is closing, making it easier to make the move to London. With this pattern emerging, it may be worth your while to sit on the fence for a while, keep an eye on the prices, and strike when the market suits you best.