More spent on super-prime homes in London this year than last, despite the pandemic
Knight Frank reports that £1.13bn was spent on £10m+ homes in London in the first eight months of this year - 16% more than the £977.5m recorded in 2019.
New-build homes now account for over a third of London’s super-prime property sales
Resilient demand in the face of uncertainty has boosted new developments' £10m+ market share from 18% to 34% in the last two years, reports Knight Frank, as the super-rich prioritise security and hotel-grade…
Super-prime recovery: £36.8bn is currently targeting London’s £10m+ property market
Infography: London's super-prime property market in seven charts.
London super-prime property sales are running 75% above the pre-pandemic level
London’s top-end housing market is continuing its strong run, says Savills, with more £5m+ sales going through so far this year than in any full year since 2015.
Most read
Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
Buying agency ‘seal of approval’ seeks to help home-buyers pick trusted advisors
First In The Door's Prime Property Seal of Accreditation™ aims to create 'a curated network of best-in-class advisors.'
LATEST ARTICLES
Chestertons names new lettings boss
Long-serving exec steps up to lead major London agency's lettings division.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
Listen: Anthony Payne & Tom Bill unpack the Prime London property market
The LonRes CEO joins Knight Frank's head of UK resi research to discuss how different micro-markets are faring, recent trophy-home deals, investor retreat and why stability matters more than a stamp duty…
Prime homes aren’t overpriced – they’re under-marketed, says luxury agent
'The prime property market isn't the problem; the agents are,' declares Melanie Attwater of eXp's new high-end division.
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.