Format: News
Property is now “considerably more affordable than in 2008 ” – Countrywide
House prices in real terms - after 14% inflation has been taken into account - are lower than in 2008 in all parts of England outside London, according to some research by Countrywide plc
Property portal traffic up 64% in 12 months
Zoopla, Rightmove and Primelocation totally eclipse all other UK property websites, according to independent web traffic monitoring firm Hitwise (commissioned by Zoopla).
Wealth Report bags top marketing award for Knight Frank
Showing the likes of British Airways, Diageo and Heineken how it's done, Knight Frank's mighty Wealth Report 2013 has triumphed at the International Content Marketing Awards
Prices slow but transaction levels rise 15%, with 18 registered buyers per property
Average house prices slipped a smidge last month, dropping 0.2% compared to September according to the latest Land Registry data set. But that still leaves prices up 3.1% on the year
Brompton Road tube station sold for luxury resi conversion
The abandoned Brompton Road tube station in Knightsbridge has apparently been sold for around £50m to a developer with plans to convert the site into luxury apartments.
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
House prices to rise by 5.7% next year as bubble-talk splits opinion – Reuters
House prices will carry on upwards over the next two years, but it's anyone's guess as to whether the Bank of England can "restrain the market if it overheats", according to a poll of 22 top economists…
Winkworth bullish on transaction levels and suburban prices in 2014
Winkworth has revealed what it sees in the property market's tea leaves for next year
“Game changing” Crossrail to add 13% to house prices – CBRE
Europe’s biggest infrastructure project - London's Crossrail - will have a "two-fold" effect on property, opening up new districts and causing house prices along its route to rise by 13% (£60,000) by th…
Battersea Power Station penthouses to go for £25-30m
SP Setia is apparently planning to flog the penthouses at Battersea Power Station for up to £30m.
Stiff competition could spell profit squeeze for London’s prime resi developers
20,158 prime resi units (over £1,250 psf) could be delivered in London over the next ten years, with project activity peaking in 2017 and a combined sales value of over £50bn, according to the latest Lo…
Gazumping and price hikes in South Ken as stock levels plummet
£1.4 billion-worth of residential property has been sold in South Kensington alone this year, according to Winkworth, with international buyers flooding the market "even more so than in previous years".