Almost four in 10 London flats were sold again for less than their previous purchase price in the 12 months to August 2026, according to repeat-sales analysis by e.surv Chartered Surveyors.
The findings underline the particular challenges facing the capital's flat market. Concerns surrounding leasehold arrangements, building safety and service charges are increasingly influencing resale values, not only in London but across Britain.
The analysis focuses on homes that have changed hands more than once, offering a measure of whether owners have recovered their earlier purchase price when selling. For flats, that measure has been weakened by costs and liabilities that buyers may assess alongside location and condition.
For Latvian property professionals and investors monitoring overseas housing markets, the figures offer a reminder that apartment values can be shaped by building-level obligations as well as wider market conditions. The data does not provide a direct comparison with Latvia, where ownership structures and regulation differ, but it highlights the relevance of clear information on maintenance responsibilities and recurring charges.
The figures were reported by Property Wire, citing e.surv Chartered Surveyors' repeat-sales analysis.