Another top agency cuts Prime Central London property price forecasts
Strutt & Parker now expects PCL property prices to end this year 2-5% higher than they started it, having predicted 5-10% growth through 2022 just a few months ago. At the national level, however, average UK prices are rising faster than previously anticipated.
"We’ve seen a real mark of intent from high-end buyers" in prime London, says estate agency boss, as demand climbs after slow start to the year.
Just how far have PCL prices fallen since 2014 and how much value does the area offer as an investment in comparison to other assets? Fund manager-turned-buying agent, Fraser Slater takes a look at the…
Q4 saw the average prime London property price rise by 3.6%, according to Coutts bank, taking it back to roughly the level seen just before the pandemic struck the UK.
Companies in this articleStrutt & Parker
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Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from HMRC, Zoopla, Strutt & Parker, Benham & Reeves, Propertymark, Savills & more...
Knight Frank has updated its property market forecasts, expecting Prime Central London prices to out-perform other markets over the next five years.
Extraordinary and beautiful objects from the homes of illustrious interior designer Robert Kime, who passed away in August, will be sold at auction this week.