House prices down by £6,000

THE average price tag on a home has fallen by £6,395 month-on-month in December.

- Vicky Shaw

New seller valuations dropped by a seasonal 1.7% to a typical figure of £360,197 according to property platform Rightmove.

Despite the usual festive lull, activity remains substantially stronger than a year ago laying the groundwork for a busy Boxing Day for housemoving activity - with buyers and sellers searching online.

Rightmove predicts new seller asking prices will rise up by 4% overall next year, helped by anticipated falls in mortgage rates.