High-end sales still surging in Prime London
LonRes records spike in under-offer numbers as prices breach pre-pandemic levels
Prime London market busier than post-election bounce, as high-end sales continue to soar
The £5m-plus market has been flying over the last three months, reports LonRes, with exchanges up by nearly 20%.
Prime London sales running well above pre-pandemic levels, but ‘realism needed on pricing’ as time to sell slows
The breakneck pace of early 2021 has not been matched, but last month's deal volumes were still up by nearly a third on February 2019;
High-end bargain-hunters splash £2.5bn in London’s top postcodes
PCL's £5m+ transaction volumes are 12% up on last year's levels, with Q3 proving the strongest quarter in five years; ‘these are results that nobody could have anticipated’, says Savills...
Companies in this article
LonResMost read
£45k per week: Inside London’s biggest rental deal of the past year
UHNWIs have been splashing the cash on ultra-luxe short lets, including this 8,000 sq ft contemporary mansion in Notting Hill.
The changing landscape of London’s property market: A strategic outlook from a buying agent’s perspective
Hannah Aykroyd explains how economic trends, political shifts & evolving buyer behaviours are transforming the prime market as we know it.
Big-ticket deals drive prime London property market rally
The number of £5mn+ sales in the capital jumped up by a quarter at the end of 2024, while the combined value of those deals surged by 50%.
By PrimeResi
Boutique property firm launches in Hampstead Village; aims to ‘redefine the traditional agency model’
Adam Nachman's ADN Residential promises to be 'a one-stop-shop for property owners and developers across all areas of London.'
By PrimeResi
Boutique luxury apartment scheme hits the market in Knightsbridge
Three-home development on Cheval Place was delivered by top-end firm Finchatton in 2015.
Senior quartet leave Connells Group
Four long-standing leaders have left the estate agency group, which owns brands including Hamptons and John D Wood.
By PrimeResi
Herman Melville’s historic London home goes hunting for a buyer
Georgian end-of-terrace where Moby Dick author once lived could be 'one of the most spectacular townhouses on the Embankment', say agents.
Family office secures £73mn refinance on central London property portfolio
Starz Real Estate's senior facility allows Ziser London to 'optimise its borrowing strategy'.
By PrimeResi
Super-prime property management specialist returns to Knight Frank
Jennie Elliott will be leading the agency's team of property managers focusing on high-end lettings across PCL.
Winkworth expands in Wiltshire
Salisbury franchisees boost portfolio with acquisition of established sales & lettings firm.
LATEST ARTICLES
Prime Central London sales hit a decade-high in Q4
'The pendulum has swung from trepidation to momentum for London’s residential sales market,' says JLL's Marcus Dixon.
By PrimeResi
In Pictures: Burj Khalifa’s 21,000 sq ft ‘Sky Palace’ seeks £40mn
Marquee residence in the world's tallest building is being sold as a shell, but agents think it could one day be worth up to £90mn.
Property meets technology: How artificial intelligence is changing real estate & matching buyers with homes
Agents from California to Greece are exploring the ways that AI is already changing the game for the industry and how the technology can benefit their clients;
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Studio PDP installs trio of new Partners
Top-flight architecture practice announces a significant 'evolution' of its leadership team.
By PrimeResi