London property prices climbed by 3.6% in June – UK HPI
The latest official UK House Price Index tells us that the national average house price increased by 2.7% from May to June, taking the annual rate of property price inflation to 3.4%. A 3.6% monthly rise in London takes the annual change to +4.2%.
What to read next
London property prices rise at fastest rate since 2016 – UK HPI
The latest official UK House Price Index tells of 10.6% inflation in the year to August.
Average property prices leapt 4.5% in the month before the Stamp Duty holiday deadline – UK HPI
The average UK house price increased by 13.2% in the year to June 2021, up from 9.8% in May, according to the latest official UK HPI.
Over a third of people avoid negotiating on property prices due to anxiety, claims estate agency
"36% of people typically avoid negotiating due to anxiety", says Douglas & Gordon after polling almost 700 property buyers, renters, landlords and sellers.
Most read
Star Douglas Elliman broker targets London’s super-prime market
Luxury NYC specialist secures exclusive US representation for raft of landmark developments as American demand continues to build.
Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
Strutt & Parker recruits PCL heavyweight to head Knightsbridge & Belgravia office
Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
Developer & contractor convicted over fatal London tower incident
Foster + Partners cleared of health and safety breaches over fatal Corniche window fall; St James and Lindner Prater found guilty.
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
Rhodium hires former Nobu exec to lead global growth push
Dean Main's luxury property consultancy brings in Diane Daudin-Clavaud as Chief Development and Strategy Officer.
LATEST ARTICLES
‘A good day for planning reform’: Karen Charles on the new NPPF
The new National Planning Policy Framework 'offers the first complete overhaul of the way national planning policy is structured,' says the Boyer chief and planning expert.
Land Reg teams up with Ordnance Survey to ‘boost confidence in property rights & the housing sector’
Collaboration promises to 'help unlock a better and less stressful property market'
Required Reading: Government rewrites planning rulebook
The revised National Planning Policy Framework has landed, heralding some significant changes to England's planning regime. Here's what prime resi professionals need to know...
Half of UK property markets have slowed down in the last year
New Zoopla research points to growing gulfs between local property markets.
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.