The Market

New "Right to Contest" powers have officially come into force today, allowing the public to contest the use of central government land and property and apply for its release.

"The London influence on the rest of the UK remains weak," says Jackson-Stops & Staff, which has led to two very distinct markets emerging from the economic woes of the last five years.

The London suburb of Fulham saw more £1m+ sales than any other area of the UK last year, with a whopping 335 deals at an average price of£1,779,323.

The latest (November) Land Registry Index  is out and there sure are some interesting stats on 2013's sales volumes.

Reporting back from the salubrious Surrey & Berkshire suburbs, Julian Amos reflects on last year's game of two halves and why this year's buyers need to take advice from those in the know...

Prime central London prices turned in a strong finish to the year, with a 0.8% rise in December halting a ten-month slowing in the rate of annual growth, which had dropped to 6.9% in November.

Egerton Crescent in South Kensington has been given the title of "Nation's Most Expensive Address" by Lloyds Bank for the second year running, with an average sale price of £7,369,000.

The average price of a prime country house in the UK climbed by 1.4% in the final quarter of 2013, according to Knight Frank, taking the annual rise to 3.1%.

After wrestling the title of Britain's most expensive seaside resort from Sandbanks last year, Salcombe in South Devon could soon be adding another feather to its guano-covered cap.

The majority of prime resi's pundits are looking forward to this year - 2014 - with a sense of hope and vigour.

2013 was "astonishing", says Douglas & Gordon's Chairman Michael Hodgson: sales values overshot forecasts by quite the margin, rising by 17% over the year, with transactions hitting their highest tally…

Savills' Prime London Index posted a +2.9% rise in Q4, taking annual price growth to 11.