Location: United Kingdom
Mapped: Prime London price & rental growth
Which areas of PCL and Prime Outer London have outperformed over recent months?
The number of homes listed for sale has fallen 12.5% in the last year
Estate agencies have listed an average of 7.3 homes per branch across Britain in 2022 so far, down from an average of 8.4 in 2021, according to some new research.
Lutyens-designed North London mansion seeks £12.5mn
In Pictures: This storied home in Hampstead Garden Suburb was built for a banking dynasty, owned by the Saudi Royal family, and has played host to a realm of aristocrats, tycoons and entertainment stars.
£5mn price cut for Highgate super-home
Agents came close to selling Heathfield House at the original asking of £40mn, but have slashed the price to spark fresh interest.
Sharp drop in confidence amongst London property sellers
"The change in economic headwinds is starting to be reflected in seller confidence," says OnTheMarket.
Mixed-use plans approved for prominent Mayfair site
Developer O&H Grafton and architects Foster & Partners have secured planning approval for a reworked development on New Bond Street, Grafton Street and Bruton Lane.
Knight Frank recruits new Richmond lettings boss from Chestertons
Camillo Degregorio has spent the last twelve years specialising in the SW London market.
Nest Seekers broker joins Harding Green
Arthur Kotliarovas has jumped ship to the Kensington-based broker-model agency after co-fronting Nest Seekers’ NY-Lon operation.
Under 4% of UK homes signed up to fraud alert service
New figures show a threefold increase in the number of property owners signing up for HM Land Registry’s Property Alert Service - which flags up suspicious activity - but overall take-up remains very…
Monday Market Review: Key figures and findings from the last seven days (w/c 08.08.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, Rightmove, RICS, Savills, LonRes, Acadata & more…
Another top agency cuts Prime Central London property price forecasts
Strutt & Parker now expects PCL property prices to end this year 2-5% higher than they started it, having predicted 5-10% growth through 2022 just a few months ago.
Weak sterling opens a ‘window of opportunity in London for Middle East investors’
JLL estimates that sterling buyers are currently paying 35% more for London properties than they were in 2014, while those purchasing in US dollars are paying 3.8% less.