More than one in five London homes sold in 2023 went above £1mn
17,590 properties have sold for more than £1mn in the capital so far this year - which is 21% of all resi transactions.
Prime London Property Market Snapshot: Week 41, 2023
Market metrics continue to point to a slowing market, with 18% fewer sales agreed in prime London so far this year compared to last, and 26% fewer than in 2021.
By PrimeResi
Prime London Property Market Snapshot: Week 40, 2023
Price cuts are proliferating in prime London's sales and rental markets, according to the latest LonRes intelligence.
By PrimeResi
More than half of homes sold in September had their asking price reduced
'With some sellers still holding out for last year’s prices, it’s the number of homes changing hands rather than their price that’s bearing the brunt of the slowdown,' says Hamptons.
By PrimeResi
Companies in this article
Benham & ReevesMost read
Foxtons’ Isidro appointed COO of UK Sotheby’s International Realty
Luxury agency announces another big-name hire as dramatic scaling-up continues.
In Pictures: Iconic Portland Place mansion lists at £75mn following ultra-prime makeover
Adam-designed trophy home has been 'reimagined for 21st century living' by MSMR Architects and 1508 London, at a total cost of nearly £50mn.
Royalton mega-mansion in Surrey fetches record price
Julian Bicknell-designed stunner is the most expensive home sold on St George’s Hill this year.
Boutique PCL agency hires Foxtons high-flyer
Edvin Griskin won numerous awards as a top negotiator at his former firm.
A London borough has been crowned Rightmove’s ‘happiest place to live’ for the first time
'Having access to nature and green spaces is more important to residents than having access to public transport, shops and restaurants, and employment opportunities,' says Rightmove after surveying 26,000…
By PrimeResi
PCL super-agent Lloyd returns to Beauchamp Estates
Charles Lloyd, aka 'Mr Mayfair', has rejoined the luxury agency from CBRE.
Watch: Touring ‘the most expensive house in the world’
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
Specialist lender refinances £175mn London mansion
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
LATEST ARTICLES
Elicyon founder Charu Gandhi on building a top design brand, finding the right balance & visualising the ‘perfect client’
PrimeResi x Plugged in: Continuing a series of in-depth interviews with key players from the world of design, Jason Bailey catches up with Charu Gandhi, founder of acclaimed interiors studio Elicyon, to…
By Jason Bailey
In Pictures: Luxe loft-style duplex in Kensington seeks £21.75mn
Architect Chakib Richarni and developer Interlitrade combined two separate apartments to create this vast 5,600 sq ft duplex on De Vere Gardens.
Berkeley Group reports ‘strong performance’ despite slump in reservations
Housebuilder's net reservations were a third lower in its latest financial half-year than the corresponding period in 2022 - "reflecting the sharp increase in interest rates and the ongoing elevated political…
By PrimeResi
Knight Frank upgrades global house price forecasts as ‘some prime buyers appear confident that the worst is now behind us’
'Cautious optimism is emerging as prime buyers consider economic headwinds to be easing,' says Knight Frank, as the property firm raises its outlook for international resi price growth in 2024.
By PrimeResi
In Pictures: Historic Cotswold Manor House offered for £16,950 per month
Stanley Park has been renovated into an extraordinary and rare rental home.
By PrimeResi