Location: London
Prime London Property Market Snapshot: Week 28, 2024
Things continue to be relatively quiet in Prime Central London, with less home-buying and selling activity taking place in Week 28 2024 compared to the same seven day period in previous years.
Knight Frank names new Islington & King’s Cross sales boss
Sebastian Toy has stepped up at the high-performing branch following Chelsea Whelan's promotion to Regional Partner.
‘The very best homes in Grosvenor Square are achieving £10k psf’: Peter Wetherell on how Mayfair’s super-prime market is faring
Luxury agency boss reveals what's been selling & who's been buying in London's most exclusive neighbourhood this year.
Agency reports ‘record’ super-prime spending in Prime Central London as property market stays ‘surprisingly robust’
Wealthy buyers bought a record £439mn-worth of £10mn+ homes in the first half of this year, reports JLL, contradicting some rival market reports.
Splash the Cash: Waterfront homes attract a 48% price premium
More than half of waterside properties sold in the UK go to cash buyers, reports Knight Frank.
Top-end buyers downsize in London as Dubai, Miami & French Riviera woo world’s wealthiest
Competition from other wealth centres, concerns about a Labour government & taxation worries have led billionaires to spend less & buy smaller homes in PCL this year, reports Beauchamp Estates.
Buyers compete over Residence One project in Belgravia
Rare mews house in a secluded enclave near Belgrave Square achieved over £2,850 psf.
Savills recruits new Brook Green sales boss from Marsh & Parsons
Agency announces 'key hire' in west London.
Prime London rental market slows after strong start to the year
LonRes recorded an annual decrease of 2.5% in lets agreed and a 5.1% fall in new instructions last month - while rental growth slipped to 0.4%.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Rightmove, Beauchamp Estates, Benham & Reeves, HMRC, Foxtons, Savills, Knight Frank…
There is a sense that the summer slowdown has come a little early – LonRes
Latest Prime London data shows activity slowed in the lead-up to the General Election, while the annual rate of price growth dropped to -4.5%
Dwindling supply meets robust demand: Rupert des Forges on PCL’s luxury property squeeze
Those looking to secure a best-in-class new-build in the coming years will need to take an opportunistic yet strategic buying approach, writes Knight Frank's head of PCL developments.