London’s first £10,000 per square foot deal ‘imminent’

July data from Knight Frank indicates that the annual price change in PCL rose above -6% for the first time in ten months

Marsh & Parsons is expecting London prices to "stabilise" next year, with annual growth of between 5-7%. After recording a chunky 10.

After a 1% rise in June to take the annual increase to +11.8%, average UK property prices have now breached their 2007 peak, says Knight Frank.