Four trends for Prime Central London's property market in 2022
Harrods Estates' Head of New Developments Simon Barry, Head of Lettings Sarah McIntyre, and Residential Director Shaun Drummond share their pick of the key trends set to shape the luxury property market in Central London next year...
A graduate from University College Dublin, Shaun qualified as an architect in London, specialising in five-star hotels and high-end residential projects, before pursuing a career in property. After working for Savills, Shaun joined Harrods Estates in 1998 and now heads the London Residential Sales team, based in the main Knightsbridge office.
Three Phases: How prime London’s property market will emerge from the Covid-19 lockdown
The ongoing Coronavirus lockdown will be followed by a "mini-boom" in prime London's property market, predicts super-prime specialist estate agency Beauchamp.
By PrimeResi
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
By PrimeResi
104 property sales worth £2.06bn: London’s super-prime market in five charts
Some fascinating insights into this year's £10m+ sales market from Knight Frank, including a flurry of £30m+ deals, building demand for super-prime, currency plays, and how UHNW buyers are getting younger…
By PrimeResi
Companies in this article
Harrods EstatesMost read
Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
By PrimeResi
Rare Bayswater development opp sells for £21mn
Former office building came with consent for a 17-unit apartment scheme designed by Ross Alexander Lambie Architects.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
By PrimeResi
High-value sales jump as Budget clarity brings ‘short-term relief’ in Prime London
£5mn-plus exchange volumes were 21% above the five-year norm last month, although PCL prices recorded their steepest annual fall since 2021.
Expert Panel: Prime Central London has hit a ‘critical inflection point’
Property & HNW industry leaders unpack the volatility, policy churn & changing buyer geography defining a new era for ultra-prime London.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
LATEST ARTICLES
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
PCL to underperform against ‘modest’ UK property price growth in 2026 – Chestertons
The market is beginning to stabilise, says leading estate agency, with house prices predicted to rise by only 1-2% across the country next year.
By PrimeResi
Bigger ‘Boxing Day bounce’ expected as house prices tipped to rise 2% in 2026
Average asking prices fell 0.6% through 2025, but Rightmove is forecasting 'a better year for price growth in 2026 with a strong rebound in activity to kick start the year.'
By PrimeResi
Mortgage lending heads for £300bn – but the housing market treads water
Trade body UK Finance is forecasting a 4% increase in gross mortgage lending next year, despite a drop in residential transactions.
By PrimeResi
Government tightens scrutiny of professional enablers in anti-corruption push
Lawyers, accountants and bankers to face new controls and compliance requirements as officials unveil latest measures to ‘drive dirty money out of the UK’.