Map: Finding value around Hyde Park

The Buying Solution tips some top areas for bargain hunters

The standoff between buyers and sellers in Prime Central London appears to be easing, with increasing numbers of vendors “re-basing their expectations” to reflect the increased tax burden on buyers.

This isn’t happening uniformly across town, however, and Knight Frank’s acquisition arm The Buying Solution thinks there’s value to be had in some very well-to-do postcodes right now…

Philip Eastwood, Head of The Buying Solution in London: “After two years of quieter trading, Kensington, Belgravia and Chelsea are starting to look relatively good value again. The headlines have all been about Brexit but buyers are doing their homework and realistic asking prices are stirring activity.

“For properties that are not best-in-class, double-digit percentage asking price reductions are not uncommon in this market. Buyers should not be afraid to submit what they may consider.”

Here’s the latest available spread of £psf prices across the key PCL hotspots…