Three British towns where house prices are falling as estate agent issues warning

Despite a 1.4 per cent rise in UK property prices over the first seven months of this year, house prices have dropped in three British towns, according to recent analysis - including one in Somerset. Zoopla's latest house price index indicates that Britain's housing market is gradually recovering from the effects of higher mortgage rates, with prices slowly climbing. However, the property website advises sellers to be cautious when setting their home's price due to current supply levels. Zoopla reports …