Westminster is now more expensive than Kensington & Chelsea
Latest data shows a changing of the guard in PCL, as Westminster outperforms its neighbour to become the UK’s priciest borough
Homes in English market towns command a 12% average mark-up
Beaconsfield has the highest house price premium of any market town, says Lloyds Bank, followed by Henley-on-Thames and Bakewell.
Mayfair deal numbers could jump by 50% this year, predicts Wetherell
Mayfair’s “polarised” property market is due to bounce back after three years in the doldrums, says Peter Wetherell.
Rightmove predicts ‘a series of new price records’ this Spring
Supply is finally starting to rise, says Rightmove, but not as fast as demand…
City high-rollers return to Prime London
Proportion of £2m+ buyers from a City/finance background hit a six-year high in 2019
London house prices have risen at nearly twice the pace of the national average in the last ten years
Property prices in Greater London escalated by 82% between 2009 and 2019, according to research house Acadata. That’s nearly twice the average house price inflation rate across UK regions (42.6%).
‘House price pressures appear to be building’ as market activity grows
Surveyors “are optimistic regarding the outlook for activity over the next twelve months,” says the RICS.
Why 2020 is looking like a year for determined purchasers
The London market should grow in confidence as more buyers decide to hop off the fence, but don’t expect the up-tick in demand to be matched by an increase in supply, warns Saul Empson…
Mapped: Achieved prices and rents across Prime London last year
W1S remained the most expensive postcode area in the capital with an average achieved price of over £2,900 psf
Middle Eastern buyers pile into the UK’s prime country house market
Knight Frank has noticed a tripling in the relative number of Middle Eastern buyers spending over £5m on English country houses…
Carrington on Q4: Just how bad was 2019?
LonRes Chairman William Carrington looks back at how last year compared to previous downturns, and forward to Prime London’s prospects in the year ahead…