House prices dropped by a record 15.1% in January year-on-year says the Land Registry, the largest drop since the Registry began its records in January 1995.
The average property now costs £153,753 after a 0.8% fall last month. Of all the areas recording house price falls, London and Wales have been particularly badly hit, dropping 14.1% and 19.7% respectively
* More news on the property market and house prices
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Simon Jenkins: 50 years of saving Britain's buildings, from triumphs and disasters to the great country house we bought for £1In 1975, a new organisation was set up with the express aim of saving Britain's most beautiful and historic buildings from the wrecking ball. How has SAVE fared in the 50 years since then far?
