# UK House Prices Falling in 37 Postcode Areas

> House prices dropped 0.6% in Guildford, with 37 postcode areas falling in southern England and London.
- Title: UK House Prices Falling in 37 Postcode Areas · MoneyWeek
- Summary: House prices dropped 0.6% in Guildford, with 37 postcode areas falling in southern England and London. House prices fell 0.6% in Guildford, Surrey, as 37…
- Keywords: house prices, guildford, surrey, postcode areas, zoopla, house price falls, southern england, london, House, Prices, Falling, Postcode
- Source: MoneyWeek — https://moneyweek.com/investments/property/house-prices-london-south-east-fall
- Published: 2026-10-27T17:14:33+00:00
- Read time: 1 min
- Topics: uk, house prices, guildford, surrey, postcode areas, zoopla, house price falls, southern england, london
## House Prices Drop in Guildford
Annual house prices in Guildford, Surrey fell 0.6% between September 2025 and September 2026.
## 37 Postcode Areas See Price Falls
Zoopla found annual house prices fell in 37 out of 119 postcode areas tracked between September 2025 and September 2026.
## Most Affected Regions
The majority of falling postcode areas are in southern England and London, with 85% of homes in London and southeast England in declining areas.
## Regional Price Drops
House prices fell 5.7% in west central london, 4.3% in Llandrindod Wells, Wales, and 3.8% in east central london.
## Truro Price Decline
Property values dropped 2.2% in Truro, south west england, between September 2025 and September 2026.
## Zoopla Executive Comment
Richard Donnell, Zoopla's executive director, said higher mortgage rates made home buyers more selective while sellers had more negotiation scope.
## Stamp Duty Reform Proposal
Zoopla suggests extending the 2% stamp duty land tax rate to properties up to £500,000 to save buyers up to £7,500.
## Mortgage Rate Impact
Average two-year mortgage rates rose from 4.83% to 5.97% following the Middle East conflict, contributing to 3.5% inflation.
## Selling Home Tips
Set the right asking price to find buyers within 90 days, with 41% of homes priced 5% below value selling faster than those priced 20% above.
## Home Presentation Matters
Tidy gardens, clean windows, declutter interiors, and fix minor issues to create a strong first impression for potential buyers.
## Estate Agent Advice
James Waight, head of sales at John D Wood and Co., said small improvements can significantly impact how a home is perceived by buyers.
## Key takeaway

House prices fell 0.6% in Guildford, Surrey, as 37 postcode areas in southern England and London saw annual declines.