Two fifths of London postcodes have registered annual property price falls over the past year, with growth in the capital slowing to 1pc, down from 4.3pc in February 2017.
While regional cities such as Edinburgh and Liverpool have seen their respective property markets flourish, with growth in excess of 7pc a year, London has recorded single digit price falls, most notably in central boroughs.
The number of London postcodes registering negative house price growth (currently 42pc) is now at its highest since the financial crisis.
The figures, from the latest Hometrack house price index, reveal that 15 of 46 local authorities in London have seen house prices slip over the past year.
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