House prices plunge around London with Brighton, Crawley hit hardest

House prices in and around London have significantly declined, with Crawley experiencing an 8.9% drop and Brighton a 4.8% fall. The overall London market saw a 2.4% year-on-year decrease, attributed to rising unaffordability, increased supply, and tax changes affecting landlords and overseas buyers. In contrast, northern regions like Plymouth and Stafford reported price increases of 12.6% and 12%, respectively. The average UK house valuation rose by 3.7%, highlighting a stark divide in market performance between the South and the North.