Wealthiest parts of London see double figure drop in house prices

Houses in affluent areas of London dropped in price - (Getty Images)

London’s wealthiest boroughs have seen house prices fall by double digits, official figures show.

The City of Westminster, including wealthy areas such as Mayfair and Knightsbridge, saw house values drop 12.7 per cent between February this year and last year, according to the Office for National Statistics.