Location: Prime Central 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.
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.
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.
Prime buyer demand ‘creeps up’ in London
Almost one in five Rightmove listings priced between £2mn and £10mn had found a buyer in Q2.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes