The good news for people all over the world is that there is a kind of calm witnessed in Prime London’s prices after so many days. As we all know, the prices were drove up in the mid range due to the supply shortage. In the month of June, there was a downfall of up to 0.5% witnessed in the property prices of Prime London. This is also the first monthly decline speaking about the Knight Frank after several months. The current prices is said to be nearly 24% higher. However, nobody can ignore the fact that the lowest point was witnessed last year. The peak of the price range was witnessed in March, 2008. Today, it sits nearly 6% below compared to the peak price range that the Prime London has ever witnessed. In fact, the entire capital was several hit by the price fall. As per the reports, it has been said that the Mayfair contributed approximately 0.2% of the overall price growth.