Main image: Since 2000, average prices for two-bedroom flats in Greater London have climbed 70%, and three-beds by 135%; in Notting Hill, the rise has been even sharper – 140% and over 165% respectively for best-in-class homes
Buyers spent a record-breaking £11.6bn on prime London property last year
Buyers ‘bought bigger and spent more’ in 2021, reports LonRes - and sales volumes are set to surge again over the coming weeks…
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Super-prime buyers return to London’s golden postcodes in ‘stellar’ year
PCL heartlands including Chelsea, Belgravia, Kensington, Mayfair & Knightsbridge have accounted for half of all high-end sales in 2022 so far.
It is clear that houses are the preferred option for buyers across Prime London – LonRes
While house prices have risen by 6.1% over the last two years, the price of flats has fallen by -0.9%
Prime Central London sales pipeline hits ten-year high
The number of offers accepted in November was 116% up on the same month last year, reports Knight Frank, but uncertainty over the new variant is keeping some overseas buyers away
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