Main image: Cheyne Terrace penthouse interior
Average price of a PCL penthouse tops £13m
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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.
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In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
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Andrew Farmer has spent the last two decades with Hamptons in Tunbridge Wells.
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Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
Jackson-Stops: Home-buying reforms could unlock 260,000 homes within a year
Agency reckons speeding up transactions could tempt a sizeable cohort of would-be movers off the sidelines, and says scrapping stamp duty would have an even bigger impact.