Location: United Kingdom

Hornton Street, Kensington, London  £9m As you may have heard, the "Iceberg Age" is well and truly over.

The starting point for a luxury home in London is $6m (about £3.91m) according to Christie's International Real Estate.

Buying agency Huntly Hooper has issued some words of advice for investors looking to spot a bargain in prime London over the coming weeks.

Simon Pallett has been elected as the new Chairman of Carter Jonas.

Harrods Estates officially arrived in Kensington last night, with the opening of the firm's new office on Kensington Church Street.

Westminster is considering issuing an unprecedented enforcement notice that would require the recreation of a demolished pub "in facsimile" within 18 months.

The Lonres Residential Review, Spring 2015: The sales market. As befits an election year, demand levels have dropped and, as a result, so have transactions and values.

Conditions in the residential rental market of prime London remain more bouyant than the sales market, although there is still an air of caution among tenants.

Growth in the UK economy in 2014 stands at 2.8%, the highest rate recorded since 2006.

Average greenfield residential development land prices fell by 1.8% in Q1, says Knight Frank, taking the annual change to -0.

House prices across England and Wales have dropped by 0.8% since February, according to the latest batch of Land Registry data, taking the annual price change to +5.3%.

Foxtons has reported raking in total revenues of £33.1m in Q1, down 3.1% on the same period last year.