Prime central London prices rose 1.1% in January - the 10th consecutive month of price growth, according to the latest Knight Frank Prime Central London Residential Index.
Last month’s price growth was the slowest since August 2009 and is markedly lower than the 2.1% recorded in December 2009.
On an annual basis price growth is now running at 11.5%.
Prices are now 15% above the low point reached in March last year, but 12% below the market peak reached in March 2008.