Main image: Cheyne Terrace penthouse interior
Average price of a PCL penthouse tops £13m
Mayfair penthouse sells for £19.5m (a 400% price increase in 16 years)
A penthouse on Park Lane has just sold for £19.5m, breaking the £4,000 per square foot barrier and achieving a 400 per cent appreciation since being sold by the same agent in 1996.
PCL price growth continues to slow as prime country values edge up
Price growth continued to decelerate in prime central London last month and venerable areas like Notting Hill, Knightsbridge and South Ken are now lagging well behind the young upstarts to their…
PCL transaction levels running at 35% below five-year average
In the first quarter of 2015, there were 35% fewer transactions across PCL than there were, on average, in the last five years, notes buying agency Turnbull Property.
Most read
Top-end property brokerage rolls out global buying advisory service
UK Sotheby’s International Realty launches dedicated offering for HNWIs acquiring prime property across key international markets.
Interview: Stuart Bennett of Domus Nova on off-market deals, winning UHNW loyalty & the new rules of super-prime
One of London's most successful property agents talks us through his journey to the top, how the luxury market is faring in 2025, and what today's ultra-wealthy clients really value in an advisor.
‘Magnificent’ renovated Gothic Manor in the Cotswolds seeks buyer
This is the first time Stanley Park has been offered for sale as a single residence, following a huge restoration & a rockstar rental.
Echlin signs industry big-hitter Collins as £200mn luxury pipeline takes shape
Mark Collins, the former Chairman of Residential at CBRE, has joined the expanding design & development firm as non-exec director.
Cain taps ex-Six Senses CEO for global luxury investment drive
Major-league investor enlists industry heavyweight Neil Jacobs as it doubles down on high-end real estate.
Hutton Bubear brings in D&G alumna to boost country coverage
Well-known agent Tamzin Incledon will oversee searches in The Chilterns, Oxfordshire and Surrey for the boutique property firm.
Opportunity in the age of reform: On prime lettings & the Renters’ Rights Bill
Rather than undermining the sector, sweeping changes coming down the line will prove a catalyst for evolution, argues Yasmin Ulhaq.
Standout homes in London & East Sussex make Stirling Prize shortlist
Japanese-inspired South London residence & reinvented Hastings house among six projects shortlisted for UK architecture’s top honour.
Survey reveals shifting UHNWI strategies in PCL
Savills poll of leading advisers shows London’s ultra-wealthy reassessing residency amid mounting tax pressures.
LonRes names first Chief Operating Officer
Marketing chief Emma Herriman steps up to new COO role after a decade at the B2B property data platform & network.
LATEST ARTICLES
International luxury brokerage launches, promising ‘a new era of property marketing’
Led by former Nest Seekers boss Daniel McPeake, London-based Aperture Global UK wants to 'set a bold new standard for how prime properties are represented.'
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
‘There’s a very different energy’: How the Balearic property market regained its rhythm
Amid the political noise, demand for the Mediterranean region's rarefied homes remains fierce - and increasingly focused on year-round living, explains Maria Garde of boutique agency Charles Marlow.
Top-end Edinburgh brokerage rebrands as Scottish prime market expands
The average selling price of a Scottish prime property has topped £1.5mn for the first time, reports Fyndd (formerly known as Prime Edinburgh Property).
Savills names new head of lettings in Henley-on-Thames
James Harrison steps up four years after joining the agency from Hamptons.