It seems it is time once again for heralding the doom of the property market. This morning, the media is all abuzz with the news from RICS that house prices have fallen for the first time in a year. According to their latest housing market survey, eight per cent more surveyors saw a fall than a rise in July, and the only regions to see material rises were London and the North West. Cue the ‘return of the recessions’, ‘double-dip fears’ and ‘house market stalling’ headlines.

Yes, it does sound like bad news, but look behind the headlines and you will see there’s a little more to it. Most importantly, the supply of properties has surged. As the laws of supply and demand dictate that stock going up will drive prices down in the short term, perhaps this explains the price falls?

And more importantly, an influx of stock coming on to the market is also a good indication that things are finally starting to return to a normal, post credit crunch way of life.

Some figures are in fact going in the right direction (but good news doesn’t make good headlines), particularly in the Prime market. Our July Prime Index (which is based on asking prices and looks at two tiers: the top 10 per cent and top 25 percent of the UK market) shows top end prices are up month on month. Regionally the top tiers are doing better too – seven of the ten UK regions saw price increases in July. Read the July Prime Index for the full details.

And find out more about the truth behind the property headlines on the Findaproperty.com blog.

The World Cup may be well and truly over – and best forgotten – but the media’s favourite sport, that of WAG-bashing, is still going strong.

Today the ladies the press love to hate are charged with ‘destroying the village of Prestbury’ in Cheshire.

The once-flourishing High Street of this pretty, quintessential English village is now facing its demise, as the closure of the Post Office and local family butcher put yet another nail, disguised as a ‘to let’ sign, in the coffin.

It seems that the arrival of Rooney and Hargreaves, along with a clutch of other football stars (and their wags), is responsible. Attracted by the village’s rural charm and its proximity to Manchester United’s training ground, they are throwing up multi-million pound mansions, pricing out locals in the process, and then refusing to shop in the village, preferring New York, Manchester and Ocado deliveries instead.

Local councillor Bill Livesley says: “It’s very nice that they live in our area but we wish they would invest their good capital in the community… Young local people have been priced out of the area – children who’ve grown up here have to move out of Prestbury to be able to afford to buy a property.”

It’s true. The figures on our sister site, Findaproperty.com, show that the national average price for first-time buyer properties in July was £155,994, whereas in Prestbury you could expect to pay almost double, at £294,116.

And thanks to the my-mansion-is-bigger-than-your-mansion world of Premiership footballers, Prestbury now boasts the most expensive road in the north of England, where the average house price is £1.2 million.

Terribly common: London agent Marsh & Parsons is offering downloadable walking tours of Clapham, Battersea and Balham

Full marks to London estate agent Marsh & Parsons, which is offering downloadable walking tours of three London postcodes, each an hour long offering insights and directions to local attractions and historic sites and, one thing we particularly like, downloadale photos from times past for walkers to compare today’s modern world against.

Also, Marsh and Parsons has arranged for free or reduced-costs treats for walkers along the way in local cafés, restaurants and shops.

As a further inducement, the company is offering a gift to anyone who downloads the tour (the minor catch being you’ve got to to your local branch to claim it) as well as the chance to win a picnic for ten people.

The tours,which Marsh & Parsons says are designed to appeal to families, house-hunters wanting to get to know an area better or simply those interested in where they live, wind around SW London covering Balham, Clapham Old Town and Battersea.

One famous SW London site the Balham tour visits is Du Cane Court, a huge 1930s mansion block on Tooting Broadway that, its downloadable tour points out, has been used as a film location for the Agatha Christie’s Poirot films. But the PrimeLocation Blog would like to add to this – the building is also home to curmudgeonly comic and longstanding Balham resident Arthur (or Arfur) Smith. Also, during WW2 the German army planned to use the building as their UK headquarters following an invasion.

The tours will be available online to download from the Marsh & Parsons website until the end of this month (July 2010).

In my previous, pre-Primelocation.com life I once wrote a piece on how to grow sunshine fruits in our climatically-challenged British gardens.

From oranges and lemons to olives, grapes, figs, and even pineapples, it really is possible to produce a crop (no promises how bountiful, however) of these sun-loving superfoods with a little due care and attention, and admittedly, rather a lot of hard work (think hot beds of manure and steam-manipulated temperatures…).

However, if you’d prefer someone else to have done the hard work for you, go for one that was made earlier. We’ve got a number of properties on Primelocation.com that come with a ready-made exotic fruit garden, orchard or grove. Here are some of our favourites:

Southmoor, Oxfordshire
£2.5 million

This country house means business. Not content with the 5,500 sq ft, computer controlled greenhouse, it also boasts a fruit garden producing figs, peaches and plums.

Torquay, South Devon
£1.15 million

Live in Devon but pretend you’re in Greece, with an olive tree courtyard, deck and uninterrupted sea views.

Lane End, Buckinghamshire
£2.5 million

Follow the sweeping drive of this converted corn barn round to the garden, where olive trees mingle with an avenue of beech, a large pond and a timber deck.

Lamberhurst, Kent
£1.2 million

Situated within a vineyard, you should never be short of grapes here. And if you want to branch out to other fruits, there’s plenty of room – this place comes with five acres.

We’re taking another brief departure from all things property related to bring you a luxurious lifestyle find. This time we’re talking hampers, as the July sunshine calls us to the park for a picnic with a difference.

Villandry
They say: “Creative, indulgent hampers brimming with glorious, carefully sourced luxury foods”. We say: “Yes, please”. Great Portland Street’s foodie institution has three hampers to choose from, filled with all sorts of goodies from small, artisan English, French and Italian producers. The bad news is they are only available in London, but with the capital’s abundance of parks, you won’t be short of picnic destinations to enjoy them in. And you get to keep the cool bag too.

Forman and Field
The mail order fine food company has a number of hampers to choose from, but our favourite is the Top Pick Hamper. It doesn’t come cheap, at £119 for two, but any hamper described as a ‘cornucopia of mouthwatering delights’ is worthy of such a price tag. Inside the wicker hamper, you’ll find soused red onion salad, fillet of Scotch beef and Chapel Down brut rose, amongst other things.

Fortnum and Mason
The original and also one of the best. Fortnum and Mason also offer numerous hampers, including three summer ones, or you can make your own. We like the Basket of England (think cheeses, preserves, chocolates and other delicacies), and the simple but sweet Piccadilly, which is full of cream tea delights.

I came across this story this morning. On first glance, it may look like another story about another big country house on the market – even if this one has managed to survive since pre-Norman conquest days without being on the market a single time until now. However, as I read on I was rather surprised to find it tugging at my heartstrings.

It is pretty remarkable that, since Saxon times, the house has passed from generation to generation in an almost unbroken line. So doesn’t it seem sad to you that it’s now on offer to the highest bidder?

The current incumbent, Nick Stirling, married in to Shakenhurst Hall – his wife Amanda grew up there and inherited the house after her father’s death in 2007. However, within a year, Amanda died of cancer. The estate passed into a trust for their children – most of which was earmarked for their son Rowland, not so much for their daughter Phoebe (who’d be a girl in the world of the landed gentry?) – but now the children, being at university/on a gap year and without the required funds to run a country estate – have had to put it up for sale.

What has got under my skin with this story is that this country pile is so much more than a pretty pile of bricks. Home might be where the heart is for most people, but in this case, hundreds of years of family history will also go with the sale, not to mention Amanda’s grave, which is in the estate’s grounds. How would you put a price on that (although, of course, they have, and it’s offers over £12 million only, please).

Read the whole story on the Mail Online – the history of this place is really quite fascinating and involves everyone from William the Conqueror to Michael Heseltine and, strangely, even Dominic West of the Wire fame. And if you fancy making a bid on the place yourself, check out its listing on Primelocation.com.

There are some who might say that right now is not the time to be launching a property show on TV given the difficult nature of the housing market, and particularly not a show about investing in bricks and mortar.

TV presenter Kevin McCloud. Will his Grand Designs show soon have a rival over on the BBC?

But not so at the BBC, where producers are looking for property speculators prepared to invest their time (but not their money) in a project to be featured in a new TV series.

It will be similar to Channel 4′s Grand Designs but, rather than focussing on the emotional and architectural stresses and strains of building a dream home, will challenge would-be property developers to make theirs the most profitable property project of the six to feature on the programme.

The winning team get to keep theirs and reap the profits but the other developments will be sold off and the money kept by the show’s backer, an unnamed ‘property guru’.

So if you think building or converting a property is one way to make a small fortune and you’re prepared to have a camera crew follow your every move then get in contact with our friends at UK Land Agent, who are helping the BBC scour the land for tomorrow’s next property prog stars.

We asked you to review our new iPad app for a chance to win an iPod Touch. Congratulations to the lucky winner… Frances Heaton.

Isn’t it exquisite how irony works so well in today’s galloping 24-hour news world? Last week the Tories within the coalition government delivered their promised, tougher approach to immigration and temporarily narrowed the immigration funnel into the UK before a more permanent and restrictive system comes in later this year.

Foreign tastes: a crowd of customers outside a cafe in Notting Hill, London

But the problems of sticking your political chin out like this are laid bare by agent Knight Frank, who today revealed that central London’s prime property postcodes are being kept afloat by some very high-end water wings; a flood of inbound overseas buyers.

Half of all £2 million-plus luxury properties sold in central London go to foreigner buyers,  rising to 60 per cent in Mayfair, Knightsbridge and Hampstead, and on up to 70 per cent of all homes over £5 million.

And Knight Frank is not the only agent to notice this. Peter Rollins, MD of agent Marsh & Parsons, was flagging this at the end of March.

When he first started out as an estate agent, a handful of postcodes in central London were popular with mainly US and then latterly Arab buyers.

But these days the centre of the capital is a rainbow village, as a slow walk around soon reveals. Half a dozen languages can often be heard burbling away in the background and the Knight Frank figures reflect this – 51 nationalities are present compared to just 30 in mid-2008.

Russians ares the most prevalent, followed by Americans, Italians, Indian, French, UAE citizens, Germans, Greeks, Norwegians and South Africans. And don’t forget the new arrivals; Kazaks and Brazilians.

This new wealth being spent on the capital’s stucco’d central postcodes has created a  market of worryingly bubble-like proportions. Prices have risen by 24 per cent in 15 months, Knight Franks says, and are now only six per cent below their mid-2008 peak.

The question is, will Home Secretary Theresa May’s desire to see net immigration fall burst it?

If you are looking to keep your interiors lexicon up to date then here’s a new one to roll around your mouth – the ‘wallscape’.

Wallpaper has been making a comeback in recent years as traditionalists rail against the white-wall, white table, white sofa fashionistas who’ve spurned chintz, flummery and strong colours. And to make the point, Chancellor George Osborne comes from a paper and glue background – upmarket wallpaper and fabrics firm Osborne & Little.

First out of the fashion starting gate came the ‘feature wall’ which means three walls white, one wallpapered. But now here’s the wallscape – same thing but much more expensive.

A wallscape by interiors firm Brahm

Wallscapes are essentially bespoke wallpaper that’s designed to chime in with and accomodate room colour, size, doorways, floors and furniture. And interiors expert Pierre Brahm says one extraordinary aspect of the wallscape is that – unlike expensive wallpaper – you can take it with you should you move. So not only is it a desirable dressing for a wall but “an heirloom for the future”  too,  he says.

And I guess he should know – his company Brahm Interiors works with a clutch of wallscape creators including a leader in the field,  award-winning and Vogue magazine-endorsed firm Fromental. It offers a range of bespoke wall coverings which it describes as ‘roomskins’ and ‘couture for your walls’.

In the old days this sort of thing would be have been called a mural, of course, but a fashion during the late 1970s and early 1980s (particularly in France) for walls covered in faux scenery including forests, beaches and mountain ranges meant the more fashionable end of the market has  sought new words to describe their products – hence wallscapes.