Outlook brightens for Prime London market after ‘subdued’ end to 2023

Values & volumes in the £15mn-plus sector set to rise further over the next 12 months as more global billionaires put down roots in the capital.

Things have been noticeably quieter in the prime postcodes over the summer, and the traditional autumn activity surge may not happen this year, warns LonRes.

Average values across the prime postcodes are now roughly in line with early-2014 levels, reports LonRes.