A fifth of homes have seen values rise by more than the average UK salary in the last year
Zoopla estimates that 4.6 million private homes in the UK rose in value by more than £30,500, the average UK salary, in the last year. That's 21% of all privately owned homes in the country.
‘We suspect house prices will rise only 1% over the year and would not be at all surprised if they stagnate’ – EY
EY's Spring ITEM Club predicts muted property price growth ahead, with a 'limited' upside even if a Brexit deal is agreed. A no deal exit could see house prices fall by 5% in 2020
By PrimeResi
The Rise of ‘Necrotecture’: Half of London’s new-build homes are underused, claims academic
And 64% of London homes worth more than £5m are "empty", according to a new study by Rowland Atkinson, Chair of Inclusive Studies at Sheffield University
By PrimeResi
The total value of British homes has climbed by £1.6 trillion in the last five years
A sharp acceleration in property price inflation means that the combined value of British homes has climbed by £550 billion (a third of the total five-year increase) in just the last 12 months, according…
By PrimeResi
Companies in this article
ZooplaMost read
UK Sotheby’s lands former Carter Jonas heavyweight Macpherson in latest senior hiring round
Big-brand brokerage bolsters PCL and SW London teams with fresh wave of high-level appointments.
‘Exceptionally rare’ Cadogan Square cottage sells off-market
Freehold gem with garden and parking, available for the first time in half a century, changes hands following discreet campaign.
In Pictures: High-tech Hampstead mansion project pitched at £29.95mn
Recently-established agency Draper London has been instructed to sell a tech maven's north London work-in-progress, complete with 'Batcave' style basement.
By PrimeResi
Watch: Beauchamp boss reveals how billionaires really buy homes in Prime Central London
Veteran super-prime agent Gary Hersham discusses the psychology of trophy-home purchasing, shifting UHNW demand patterns - and why the very top end has effectively detached itself from the wider Prime…
Residence One expands into high-end construction
Luxury developer behind more than £400mn of PCL projects launches dedicated construction division as demand grows for experienced contractors.
Licence to Sell: Firethorn brings former Westminster ‘spy school’ to market
Agents instructed on 'landmark' London office block with MI5 links and consent for a significant resi reinvention.
Buxmead penthouse seeks £16.95mn after A-list tenancy
Marquee residence atop the Billionaires’ Row apartment scheme returns to market, billed as ‘one of the strongest offerings currently available in North London.’
By PrimeResi
Campions expands in SW London with Battersea & Nine Elms swoop
Agency group presses ahead with growth drive following recent acquisitions of Aston Chase and Madison Brook.
Rare fully-consented PCL development opp seeks buyer
The oven-ready boutique scheme in Bayswater could have a GDV of £9mn.
By PrimeResi
The developer’s view: Why delivering super-prime homes in London is getting tougher
Andri Chanturia examines the challenges facing the capital’s top-end projects - from planning bottlenecks to rising build costs and global supply chain delays - and how delivery strategies are adapting…
LATEST ARTICLES
Grosvenor backs Westminster resi scheme with £22.6mn loan
Prominent Vincent Square building is being reworked as 26 homes.
Savills cuts UK house price forecast; anticipates 2% decline in 2026
Property consultancy warns that 'conflict in Iran and the resultant rise in mortgage rates has fundamentally changed the outlook for the UK housing market.'
By PrimeResi
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
Major agency responds after reports over AI-altered listings
Winkworth says all franchisees are required to disclose digitally enhanced imagery and ‘must not misrepresent a property’ as national newspaper flags edited pictures.