Last year’s average London vendor ‘doubled their money’
Research puts average 'profit' for those selling in 2016 at £256k after annual gains of £35k per year
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‘Average London house prices are likely to breach the £1m barrier before 2030’
Population, employment levels and average earnings are all set to rise faster in the capital than in the rest of the country over the next 15 years, predicts Oxford Economics, and that means that "average…
By Prime Resi
Square Deals: Average price for a home on a London garden square tops £2m
The average price of a home on one of central London’s garden squares now costs above £2m, and commands a 25% price premium over a similar home in the surrounding area, says Hamptons International…
By Prime Resi
The Rise of Rent: 250,000 new rental households created in London in the last year
247,000 new rental households appeared in London last year alone, says CBRE, as "the emerging build-to-rent market is beginning to bear fruit."
By Prime Resi
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Savills completes £170mn townhouse run at Chelsea Barracks
Contracts exchanged on £40mn Banda-designed residence, rounding out sales at Mulberry Square.
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
By PrimeResi
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
By PrimeResi
Six months to challenge mansion tax valuations
Fresh details emerge on HVCTS roll-out as HMRC drafts in 300 extra staff, with up to 200,000 homes potentially in scope.
US brokerage giant launches global division for cross-border property deals
Compass rolls into international markets including the UK with new agent network.
By PrimeResi
Agency reports biggest month for country house exchanges since 2022
After a dry few years, Strutt & Parker heralds 'a return of confidence in decision making for both buyers and sellers.'
By PrimeResi
Social Circuit: LA London toasts 45 years at end-of-summer party
More than 200 property and design names gathered on the architect’s London Bridge rooftop for its annual industry bash.
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Super-prime Kensington development launch draws over 150 agents
In Pictures: London’s prime property crowd gets first look inside REDD’s newly completed One Palace Green.
Industry Reactions: Official data shows sharpest London price falls since January 2024
July's UK House Price Index recorded a third month of slowing house price growth at the national level.
By PrimeResi
Winkworth profits hit by mounting legal bill as sales revenues dip
Listed estate agency reports 'resilient' underlying trading performance.
By PrimeResi
$200mn-backed property platform buys luxury Dubai brokerage
Former Foxtons agent’s firm acquired ahead of launch of new international high-end brand.
The price of perfection: ‘Immaculate’ PCL rentals command 31% premium
New analysis digs into the landlords, tenants and changing economics of the prime lettings market.