Location: Prime Central London
Former RAF site in Greenwich up for resi development
Four-acre plot has the potential to deliver 400 new homes
Housebuilding starts up (a bit) with Cambridge and Southwark leading the way
The Office for National Statistics records 36,400 new housebuilding starts in Q2, and 34,920 completions
On Yer Bike: Kensington Palace Gardens residents in blowout over privacy
Disquiet over cycling Quietway plans
Why small is beautiful in the PCL rental market
Purely from a rental yield point of view, the highest performing property in Kensington and Chelsea is in fact the humble studio flat
Rare Fitzrovia development site sells for over £10m
The stripped-out former B1 offices on Bourlet Close went up for sale earlier this year
Rise of the Super-Suburbs: PCL prices to drop 6% this year as ‘burbs grow 5%
Hamptons International delivers updated forecast
Mayor Khan rolls out ‘Homes for Londoners’ team to look at developers’ viability assessments
New Homes for Londoners governance board will meet quarterly
Rents drop in PCL but rise in Outer Prime London
The average weekly rent across Prime London increased by 1.6% (to £638 per week) in Q2, says Marsh & Parsons, but there were markedly different stories in the centre of town and the outer circle.
Over Supply: PCL rental values hit hard as stock piles up
On an annual basis, values in Q2 were down by 4.3%, and by 8-10% in the upper price ranges
First-time buyers ‘dominate the property market’ in Prime London as the PCL price premium slips
Now the most common buyer type
UK house prices to fall by 1% next year says Countrywide
Firm is one of the first to release updated forecasts since the Brexit vote
Sky Gardens’ 29th floor up for over £8m
The whole of the 27th floor was being offered for a similar sum earlier this year