Sales

Phillimore Gardens in Kensington and Grosvenor Square in Mayfair top this year's list of most expensive addresses to buy a home.

'The legacy of the pandemic – where buyers were driven by lifestyle choices and the birth of the ‘race for space’ phenomenon – is now permanently ingrained in the UK buyer's psyche,' says Savills,…

Rising mortgage rates and economic uncertainty are expected to put downward pressure on house prices and transactions over the next 12 months or so, but Savills is forecasting prices will increase over…

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, ONS, Propertymark, OnTheMarket, Knight Frank, UBS & more...

Where in PCL have prices been rising fastest over the last 12 months? And which riverside neighbourhood has seen sales soar by 40% on pre-pandemic levels?

Listings are also taking longer to sell, reports OnTheMarket - but latest data 'pointing to a rebalancing, rather than a severe correction'

Carter Jonas thinks Mayfair, Marylebone, Kensington and Chelsea will outperform all London markets in 2023 as more cash buyers flock from overseas.

'The sales market is firmly back in the hands of buyers,' says Propertymark.

London's average house price fell by 0.9% in October, according to the official UK House Price Index, while the national average property value nudged up by 0.3%.

House price predictions have been coming in thick and fast over recent weeks, but what type of properties and features are going to be in high demand in 2023?

KF's UK resi research chief explains why we are unlikely to see much clarity on the longer-term trajectory for house prices until March next year...

Knight Frank's latest analysis of the prime London property market tells of a clear slowdown in buying activity - but a price crash seems unlikely.