Spring floods has caused a correction in pricing on the UK real estate market. Recently, the acts of nature have had more influence on our life. If earlier drought or heavy rain has affected only crop yields, now a lot of economic aspects are impacted by natural cataclysms. For example, in some areas of England, recently experiencing a construction boom and the growth of prices for land and estate, the situation has totally changed. The hike switched to a dramatic fall due to flooding. Now owners have to essentially lower prices to sell their properties. Insurance companies inflate costs of their services or refuse to insure houses in high flood-risk areas. In January, 5,800 houses in Chertsey, Egham, Datchet were flooded. Met Office recorded the highest rainfall in January since 1766. 55,000 homes with a total value of 21 billion pounds (35 billion dollars) were affected by floods. "The consequences of flooding for these houses were devastating. Homes have lost about half their value, they are almost impossible to sell," said Hughes Fell, the partner at real estate agency George F White. The situation in one of the most expensive real estate markets in the world, London, is also complicated. Even the instability of weather across the country was not able to make the capital's realtors reduce prices. London apartments are still of strong demand worldwide. The prices has grown steady since 2009. Over the past five years, housing prices in the capital of the UK rose by 40%.