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By Amber Murray House prices in the prime London market have fallen year-on-year and are now back at 2014 levels, according to new data from Lonres. Figures from the property consultancy showed house prices in prime London are now 2.5 per cent below their pre-pandemic level having fallen by 7.1 per cent annually. Activity in the prime London sales market is up, however: the number of properties put on the market in January and the number of properties under offer grew by 4.2 per cent and 5.4 respectively last month. “Sentiment appears to be gradually improving for the prime London sales market…

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