Location: London
Monday Market Review: Key figures and findings from the last seven days (w/c 08.08.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, Rightmove, RICS, Savills, LonRes, Acadata & more…
Another top agency cuts Prime Central London property price forecasts
Strutt & Parker now expects PCL property prices to end this year 2-5% higher than they started it, having predicted 5-10% growth through 2022 just a few months ago.
Weak sterling opens a ‘window of opportunity in London for Middle East investors’
JLL estimates that sterling buyers are currently paying 35% more for London properties than they were in 2014, while those purchasing in US dollars are paying 3.8% less.
PCL tenants lock-in for longer as rents continue to soar
The average length of tenancies in Prime Central London reached a new high of 25.8 months in Q2 2022, reports LCP, while the time taken to let a vacant property is at an eight-year low.
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Behind the Schemes: How an indoor/outdoor transformation ‘unlocked the true potential’ of a grand Belgravia townhouse
Inside the super-prime reinvention of a dilapidated Georgian gem, which had previously lain untouched for three decades…
Heatmapped: Housing market continues to confound, as prices rise again
Annual price growth increased to 10.2% in England & Wales last month, reports Acadata.
‘Embrace the fear’: One year in the buying agency business, it’s been quite the journey
Emma Fildes of Brick Weaver reveals what it’s really like to start your own buying agency…
RBKC high streets protected by new planning rules
A planning order covering parts of Notting Hill, Chelsea & and South Ken has been given the green light by Levelling Up Secretary Greg Clark.
In Pictures: New boutique scheme unveiled in Kensington, with show flats designed by Finchatton & Matthews Rea
Developer Kolan has reworked a site on St Mary Abbott’s Place near Holland Park into five high-spec apartments.
Ranked: London’s most active property markets
Croydon (CR0), Wandsworth (SW18) and Merton (SW19) are the most active London areas for home-buying activity, with each postcode seeing more than 60 homes sold each month.
Deal sealed on original Academy Gardens show flat
4,146 sq ft duplex - which once served as the marketing unit for the luxury Kensington scheme - incorporates the building’s original library, now repurposed as a remarkable reception space.