Format: News
Prime central London property price growth ‘likely to bottom out’ this Summer – Knight Frank
Prime central London property prices are becoming "more sober" as annual growth has now slowed to just +2% - down from +8.
Subdued Edinburgh ‘still absorbing’ LBTT changes
Edinburgh's market is "still absorbing" the move to LBTT, notes Knight Frank, as prime property prices in the Scottish city nudged up by 0.4% in Q2.
Annual growth has now slowed to +3.4% from +5.
‘The PCL market is still a graveyard’ as demand tumbles – eMoov
Demand for property in prime central London has fallen by 3% since May, claims online estate agency eMoov, with over 60% of boroughs seeing drops of up to 37%.
Golden Square block for resi development up for £35m
CBRE Global Investors is apparently selling off an impressive chunk of Soho with full plans for residential development, with an asking price of £35m.
Mansion Clearance: £300m Knightsbridge house contents up for auction
The entire contents of the 45-bedroom 2-8a Rutland Gate - which has been on the market since 2012 with a rumoured asking prices of £300m - are to be auctioned off online in "an unprecedented opportunity."
South Kensington overtakes Mayfair for rental investments
"Investors in prime central London have reason to be positive this year," says London Central Portfolio, bucking today's trend for gloom-mongery.
Record start for Masterpiece London as first day attendance jumps 26%
The Preview Day of the sixth edition of Masterpiece London ended with reports of record visitor numbers and strong sales across the board.
Chelsea Waterfront’s first phase launches on Lots Road Power Station site
The first batch of apartments on the Lots Road Power Station site - now officially known as Chelsea Waterfront - have been released by Cheung Kong Property Holdings (formerly Hutchison Whampoa Properties).
Linton gets go-ahead for ‘luxurious’ Dalston scheme
The Linton Group has been given the go-ahead for a high-end nine-apartment scheme on Kingsland Road in Dalston, which it has earmarked as "the new creative hub for east London" and an "ultimate hotspot".
Introducing the PrimeResi Map and Sales Digest
There were 203 £2m+ residential property sales lodged with the Land Registry in the first three months of this year, down quite dramatically from the 494 that went through in the previous quarter.
No change for house prices as transactions stutter
The average property price in England and Wales didn't move in May, leaving the annual change at +4.6%, according to the latest from the Land Registry.
How much does a square metre of property cost in 2015?
Halifax's annual look at the net worth of a square metre of real estate across the UK has shown RBKC to be tickling £12k per m2.