‘London leavers’ spent 29% less on homes outside the capital in 2023

17,590 properties have sold for more than £1mn in the capital so far this year - which is 21% of all resi transactions.

You can get a lot more property for your money outside of the capital; 953 extra square feet, on average, say LonRes & Hamptons as they analyse the latest trends in "London leavers".

2023's seasonal property market slowdown is even more marked than in previous years, according to the latest LonRes prime London data.