Carrington on Q4: Gauging the tipping point

Assuming a discount of about 20% against house prices at their peak, in 2014, the £2.5m house or flat becomes £2m which allows the purchaser to factor in stamp duty and provide insurance against uncertainty in the market, says LonRes Chairman William Carrington…

PCL prices fail to stabilise; volumes continue to slide

Prime Central London transaction levels are now almost 50% lower than they were five years ago, reports Strutt & Parker, while prices ended 2018 at the lower end of the forecast; agency manages to buck trend with volumes up by over a quarter