Related topic: Zoopla

The usual pre-Christmas slowdown has begun early, with buyer demand down 8% and sales agreed down 3%.

Sellers in England and Wales gained an average of £72,000, a 38% rise in property value.

Demand for properties over £500,000 had dropped by 4% with a 7% reduction in new listings over the last five weeks.

UK house price inflation is predicted to slow towards 1% in the coming months, as the number of sales continues to increase by 5% on last year.