Main image: Since 2000, average prices for two-bedroom flats in Greater London have climbed 70%, and three-beds by 135%; in Notting Hill, the rise has been even sharper – 140% and over 165% respectively for best-in-class homes
Busiest prime London market since 2014, with 61% more £5m+ deals than in 2019
The top-end of London residential sales market has just enjoyed its strongest first half since 2014, reports Savills, with 59% more £5m+ transactions recorded in the first six months of this year compared to 2020, and 61% more than in H1 2019.
Super-prime recovery: £36.8bn is currently targeting London’s £10m+ property market
Infography: London's super-prime property market in seven charts.
104 property sales worth £2.06bn: London’s super-prime market in five charts
Some fascinating insights into this year's £10m+ sales market from Knight Frank, including a flurry of £30m+ deals, building demand for super-prime, currency plays, and how UHNW buyers are getting younger…
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
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Grade I Belgravia mansion goes for £35mn
Biggest house deal officially filed so far this year revealed.
Trio of agents appointed to lead sales at REDD’s One Palace Green
Super-prime resi scheme overlooking Kensington Palace Gardens is set to complete this summer, delivering a collection of top-end apartments priced from £15mn.
Knight Frank in fresh New York push with luxury brokerage tie-up
Big-brand property consultancy declares a 'major milestone' for the business as it signs a new partnership in the Big Apple.
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
Deal sealed on £20.5mn duplex at Knightsbridge Gate
Buyers returned to the heritage-led boutique development after looking at competing super-prime projects across Prime Central London.
London Square gathers top design names for Milan debrief at new Mayfair HQ
The Aldar-owned developer has ramped up its presence in PCL with a luxurious new Bruton Place base.
Top-end brokerage tests auction route with Grosvenor Square penthouse
Mayfair duplex once asking £22mn returns with an £11.5mn opening bid via a rarely used super-prime sales process.
Forbes Global Properties launches UK brokerage with boutique PCL agency tie-up
Prime London stalwart Martin Bikhit to lead new venture targeting £10mn-plus homes.
‘Truly best-in-class’ Eaton Place trophy seeks £37.95mn
Agents are billing this Belgravia behemoth as the 'pinnacle of London luxury living'.
Expanding law firm brings in new director to boost PCL offering
Increasing legal complexity and buyer caution mean transactions are getting harder to close, says Leadenhall Law Group.
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