Sales

The number of £5mn+ sales in the capital jumped up by a quarter at the end of 2024, while the combined value of those deals surged by 50%.

Hannah Aykroyd explains how economic trends, political shifts & evolving buyer behaviours are transforming the prime market as we know it.

Savills has assessed prime residential growth prospects in 30 world cities, predicting a slightly slower overall rate of capital value appreciation this year than in 2024.

'It’s clear that buyers were able to secure some great deals last year', reports Investec, as average ­reduction tops £150k.

Transactions are up but many sellers are having to rein-in price expectations.

Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Savills, Knight Frank, Zooplankton, Rightmove, Parthenia, Benham & Reeves & more...

Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.

'Buyers have a will and a way to buy a property, but not at any cost and they remain price sensitive,' says Garrington.

Suburban & inner commuter regions have shown some resilience, but prices continue to correct in second home hotspots, reports Savills.

Valuation firm collaborates with real-time data firm, LSE professor & top buying agency to track market movements since 2000, reflecting location, size & tenure.

A slow start to the year continues in prime London.

Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.