As of right now the housing in london is a at all time high on affordability. but there is also a split of pricing depending if you are looking at homes from the south and north. property transaction rate has fallen 16% since 2014 this might have caused affordability on property in london but outside of southern england there is more price growth. but with a drop property rate buying in the capital is still out of reach for many.
Read more: London house prices falls ‘spread’ to other cities: Hometrack