PCL flats return to favour as location ‘re-emerges as a key determinant’

PCL heartlands including Chelsea, Belgravia, Kensington, Mayfair & Knightsbridge have accounted for half of all high-end sales in 2022 so far.

Apartment values in some key London postcodes have now fallen below 2014 levels, but is the tide on the turn once more?

New data shows a 140% leap in PCL house sales above £5m during the first four months of 2021, as the time taken to sell falls by 15%.