Covent Garden average prices breach £1,500 psf in bumper quarter for EA Shaw
Average UK prices breach 2007’s peak
After a 1% rise in June to take the annual increase to +11.8%, average UK property prices have now breached their 2007 peak, says Knight Frank.
By Prime Resi
Transaction levels getting back to normal as London prices hit double the UK average
The average London house price is now double the UK average for the first time, says Cushman & Wakefield. Salaries in the capital, meanwhile, are 30% more than the UK average.
By Prime Resi
PCL deal numbers are likely to pick up this quarter
"The evidence continues to point to improving demand and a bottoming out of price declines this year", says Knight Frank
By Prime Resi
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Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
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In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
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Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
By PrimeResi
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Harrods Estates duo Dougramaji & Harte join Strutt & Parker
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1508 London to design Baccarat-branded Maldives scheme
London-headquartered firm joins team delivering French crystal brand’s first residences in the Indian Ocean.