Location: London

The average property price in prime central London breached £1.5m in 2013, hitting £1,543,102 at the end of November after "robust" but "unremarkable" annual growth of 12.

PCL agency W.A.Ellis has reported a beefy 50% leap in the number of tenancies it agreed last year (compared to 2012), although rents only increased by 2.8% overall (0.4% less than than in 2012).

Homeowners are, apparently, even more bullish about house prices than most property "experts", forecasting a 7.

That annual things of beauty parade, Masterpiece London, is limbering up for the fifth time, with over 90% of last year's exhibitors coming back for more.

Plans for a Renzo Piano-designed 27-storey resi tower right next to the Shard are being unveiled today at a public consultation and exhibition.

If you are going to take the plunge and include a spa in your new scheme, make sure you thoroughly understand the target audience and do it properly, says Sheila McCusker... A recent project in Belgravia

15,000 home-owners have apparently been sent a letter that suggests that their properties will be subject to a  Compulsory Purchase Order to make way for the HS2 rail link.

Demand is outstripping supply by a factor of ten, as an average of 9.7 buyers chased each property for sale in November, according to Countrywide. That's up from 8.

Douglas & Gordon's Ed Mead is taking on a new role as Executive Director of the agency. Mead. D&G front man, FRICS, PrimeResi contributor

RICS London is launching a residential forum to complement its existing Commercial Property Market Forum, and has made a couple of "important new leadership appointments" to make it all happen:

December kicked right off in Douglas & Gordon's patch, with a 50% increase in the number of properties hitting the market, a 20% jump in new buyer registrations and a 40% hike in the number of offers received.

Forming part of the "Brits Who Built the Modern World" season, this newish display at the V&A - the first part of a major exhibition organised by the Royal Institute of British Architects - is well worth…