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Top London home prices ‘falling fastest’ amid UK slowdown..

Typically, this type of property cost £903,088 in May last year, but fell by 6.1% to £847,998 by this May, Land Registry figures show.

The prices of other property types in the capital also fell, but by less.

Annual property price rises overall in the UK slowed to 1.2% in May, from 1.5% the previous month.

The fact they are still rising at all is thanks to price increases in homes outside London.