Average price for a detached London home breaches £1m for the first time
“Detached family homes are fast becoming an endangered species in London" says Hamptons International
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Square Deals: Average price for a home on a London garden square tops £2m
The average price of a home on one of central London’s garden squares now costs above £2m, and commands a 25% price premium over a similar home in the surrounding area, says Hamptons International…
By Prime Resi
‘Average London house prices are likely to breach the £1m barrier before 2030’
Population, employment levels and average earnings are all set to rise faster in the capital than in the rest of the country over the next 15 years, predicts Oxford Economics, and that means that "average…
By Prime Resi
Prime central London property price growth ‘likely to bottom out’ this Summer – Knight Frank
Prime central London property prices are becoming "more sober" as annual growth has now slowed to just +2% - down from +8.
By Prime Resi
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Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
By PrimeResi
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
By PrimeResi
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
By Lucian Cook
Major agency reports ‘more uneven’ trading as uncertainty weighs on confidence
Winkworth says H1 sales remained resilient while lettings were largely unaffected by the Renters' Rights Act.
By PrimeResi
Rare St George’s Hill plot goes for record sum
Agents seal off-market deal for unconsented site after three-year pursuit.
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