High value deal surge in Central London pushes property price inflation rate up
"Increased London house price growth may reflect a larger shift in the type of properties being sold than usual," says the official UK House Price Index, "with more sales of very high value properties."
London’s property market ‘has bottomed out’, but an ‘exodus of cash buyers’ has quelled price inflation in southern cities
A pick-up in activity and a return to positive annual price growth in London "isn’t a precursor to price rises,” says Zoopla, “but we do expect sales volumes to start rising once again”
By PrimeResi
Competitive bids rise as London’s high-value property market rallies
Chestertons reports rising demand but continued short supply in prime London locations
By PrimeResi
Watch: Property price inflation in key UK cities since 1995
The average UK house price has risen by 318% since 1995, with some locations out- or under-performing that to a quite significant degree...
By PrimeResi
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Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
By PrimeResi
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
By PrimeResi
In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.
House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
Savills cuts mainstream house price forecasts again
Average property values likely to increase by 22.2% over the next five years, say analysts, as regional price divides narrow.
By PrimeResi
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By PrimeResi