The fall of 0.4% is twice the average 0.2% drop for the month seen over the past 20 years, the top property website saidafter reviewing figures up to half way through the month.
Prices slumped to £373,493, a month-on-month fall of £1,617 from £375,110 in June, as sellers tried to cut through the distractions of the General Election, sporting events and the summer holiday season. However, the number of sales being agreed and new sellers coming to market is higher than a year ago, and political certainly will increase confidence, Rightmove said.
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