How prime & super-prime markets are faring in London & the country
Charlie Wells & Ollie Marshall give us the lowdown on how things are shaping up in and out of town in 2023, and explain the different forces at work in each market...
Charlie Wells is managing director of Savills UK buying arm Prime Purchase. He advises private clients and investors on the purchase of prime country houses, farms and estates; Ollie Marshall is Director, London Residential, at Prime Purchase.
What to read next
Global super-prime markets accelerate while tax drags on London
Just 35 US$10mn-plus sales leave UK capital seventh in Q4 rankings, behind Sydney, Miami & Singapore.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
By PrimeResi
Companies in this article
Prime PurchaseMost read
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
By PrimeResi
Daggers’ DDRE tops £200mn in 2026 sales; adds five more advisers
'Buying London' brokerage brings in new dealmakers and reports run of big-ticket transactions in town & country.
Knight Frank installs new Marylebone sales boss
A familiar face returns to Baker Street after a spell leading the agency’s core sales business in Knightsbridge.
Former Lodha director joins country house agency
Independent firm brings in top-end operator to bolster its Cotswolds presence.
Belgravia townhouse with royal past reportedly finds £39mn buyer
That price would top the £35mn paid for a Grade I-listed neighbour earlier this year.
By PrimeResi
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Well-known PCL agency duo launch boutique firm
Former Maskells MD & ex-Knight Frank Partner set out their stall as independent venture brings its first homes to market.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
By PrimeResi
In Pictures: Albion Nord-designed South Bank penthouse pitched at £20mn
Braeburn's 3,800 sq ft 'sanctuary in the sky' comes with a 900 sq ft wrap-around terrace overlooking the London Eye and River Thames.
By PrimeResi
Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
LATEST ARTICLES
Friday the 13th: Microsoft outage hits PCL & raises completion-day concerns
Kensington & Chelsea warns of slower responses, with last year’s council IT shutdown still fresh in the memory.
Aman teams up with tennis legend for new ‘performance living’ brand
First stop for the new 'ultra-luxury' offering is Miami, where the hospitality group is planning a set of branded homes served by a 120,000 sq ft wellness centre.
In Pictures: Elicyon-designed penthouse at Lancer Square seeks £16.5mn
Charu Gandhi’s studio completes one of the long-running Kensington scheme’s final homes, taking its cue from the local antiques trade.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Wealthy clients turn to ‘private compounds’, says top designer
Taylor Howes founder reflects on how HNW wish lists have changed over the last three decades.