Brexit affects London house prices

Living in London, one of the most expensive cities in the world, is now "cheaper". Among the first effects of the British economy Brexit was also a fall in prices of apartments for sale in London.

According to the Evening Standard analysis of 13,000 luxury apartments, prices suffered a significant cut from the owners and industry experts fear one can arrive in the coming weeks to a 40% drop especially with regard to the houses of luxury.

To give some examples: an apartment with two rooms, open kitchen, entrance and bathroom in a historic building before the referendum was on sale at 1.59 million pounds, now at 1.35. A house of five bedrooms, garden and parking in the elegant residential district of Streatham fell from £ 1.3 million to just 850,000. On average, reveals research, the cost of an apartment on 6 fell by the victory of "Leave" the referendum on Brexit.