Marylebone now a ‘top three’ location as rental values surge

Formerly the poor neighbour of Mayfair, Knightsbridge, Belgravia and Chelsea, Marylebone has undergone a seismic transformation over the last few years.

As stamp duty reforms, tighter lenders and a rising pound put the kibosh on major growth in the sales market, rental values look to have been surging across pretty much every postcode in town. T

Average prime London rents fell by 1.9% during the fourth quarter of 2012, according to the latest research from Savills, leaving annual growth at 0.5%. But it's not as simple as all that..