Location: Prime Central London

New research claims homes in the most expensive postcode in the capital, W1K, have been selling at an average of 20% below asking.

Plans to redevelop one of Westminster's oldest council estates have been approved, paving the way for 781 new homes in Belgravia.

A couple of months after acquiring No.32 for a boutique apartment scheme, Euroterra Capital has added No.47 to its portfolio with similar plans.

Under-30s accounted for nearly 90% of the tenancies signed in Q1, reports LCP - up by almost a quarter on last year.

JLL expects the capital's most iconic borough will benefit from a renewed appetite for city living in the wake of the pandemic.

Renovation and conversion projects are swelling London's small but significant £100m+ property market, creating private palaces just for billionaires.

Sales volumes in Q1 rose to levels not seen since the infamous stamp duty stampede of 2016.

Squire and Partners-designed proposals for the refurbishment of 2-8 Rutland Gate, a 62,000 square foot private palace overlooking Hyde Park, were submitted to Westminster a few weeks ago.

Knight Frank’s Kensington team has tucked away four high-end townhouses on Edwardes Square in recent months, and taken on another five.

Two substantial freehold buildings in W8 have been put up for sale, with a combined guide price of £47 million.

Kenneth Walsh joins the agency’s high-end rental division based on Sloane Street, covering the £5,000+ per week market across north and central London.

Writing for the Times, Emanuele Midolo explains “how two public school boys from Surrey created the world’s most talked about residential building”.