Location: London

Annual Tax on Enveloped Dwellings (ATED) receipts were up £16m (16%) last year, with properties in Westminster generating over half the entire haul.

Academics from Goldsmiths, Sheffield and York universities have floated the idea of slapping a "premium property tax" on London's prime property market to pay for social and affordable housing.

The market moved away from typecasting the buyer as being a particular nationality some time ago and we can now add age into the mix, says Joe Burns.

Following another dip in Q4, average prices per square foot across prime central London ended the year down -3.7% on an annual basis, according to the latest figures from LonRes.

Chestertons has opened the doors to its 34th London office. The all-new Richmond Hill base will cover the wider Richmond area and link up with existing branches in Kew, East Sheen, Barnes and Chiswick.

New figures from the National House Building Council show 156,140 new homes were registered to be built in the UK last year.

Average property prices across England and Wales increased by 6.4% last year, after pushing up by 1.2% in December, according to the latest from the Land Registry.

The Worshipful Company of Chartered Surveyors is calling for entries from "the most innovative and creative marketing campaigns in the UK property industry" for its annual awards event in June.

Galliard Homes and Cain Hoy have acquired the lead stake in Peruvian Wharf, a 7.7-hectare derelict brownfield site opposite the O2, with plans to create a residential-led scheme.

There has been a significant shift away from ostentatious and overt displays of wealth through interior design in recent years, says Andrew Petherick.

It's still only January, but one of the biggest deals of 2016 has been confirmed up in Hampstead Garden Suburb.