Sales
Mayfair penthouse sells for £19.5m (a 400% price increase in 16 years)
A penthouse on Park Lane has just sold for £19.5m, breaking the £4,000 per square foot barrier and achieving a 400 per cent appreciation since being sold by the same agent in 1996.
Boom in residential conversions as planning approvals hit record levels
The number of office sites being converted to domestic accommodation is set to rise significantly over the next two years - primarily in Central London - driven by the continuing rise in residential values,…
Rise in number of property millionaires
43 per cent of properties in prime areas of London are now worth £1m, up from 34.6 per cent a year ago, according to new research from Marsh & Parsons.
£60m prime resi opportunity for Cavendish Square?
A 63,000 square foot block at 19 Cavendish Square has just been put on the market for £60m with Whitmarsh Holt Young, Savills and Jones Lang LaSalle.
New Ladbroke Grove branch for John D Wood
Prime estate agency John D Wood & Co. is all set to open its newest (and sixteenth) London office in Ladbroke Grove on 6th November
£1m+ sales volume up 13%
It's the twentieth working day of the month, which means one thing - Land Registry Data
A letter from the Home Counties
In his first column for PrimeResi, Julian Amos scales the security gates to report back from the salubrious suburbs...
Bond Girls and Beatles: great for selling houses
A canny bit of promo from Knightsbridge estate agent Kaye & Carey points out that Ringo Starr's luxury pad, that he shared with his 'Bond Girl' missus Barbara Bach, has hit the market.
Is the prime property market on the turn?
The always engaging Lonres Autumn Market Report is out today and it paints a picture of a market in flux..
Has the budget affected the PCL property market, asks Camilla Dell
The Chancellor whacked up tax rates on prime properties in May; Camilla Dell explores what the impact, if any, has been on the market
Dearth of buyers affects regional prime property prices
"Weak market sentiment" amongst buyers has been blamed for poor performance in the prime regional property market, as Savills reports a fall in average values across the country
Open House Day generates offers worth over £32m
Strutt & Parker's 8th National Open House Day, which took place this October, produced over £32m worth of offers for properties registered with the firm.