PCL Market Snapshot: ‘Recovery mode’ continues as sales & rental prices bottom out
Price declines are bottoming out as transaction numbers pick up, says Knight Frank - and there's even been some price growth in the £5m-£10m bracket...
Prime Central London’s sales market ‘may not return to its previous state’, but prices will rise a bit – JLL
Agency forecasts 8.7% property price inflation by 2022 in PCL, and warns that transaction numbers may not recover from 2016's SDLT changes
By PrimeResi
Prime London Market Snapshot: Rents roar while sales ‘return to normal conditions one step at a time’
"There has never been a busier lettings market at any time over the last 20 years," says Knight Frank's head of prime lettings, David Mumby.
By PrimeResi
Market Snapshot: Prime London’s post-lockdown recovery
Property market activity in PCL is rebounding more slowly than in outer areas, reports Knight Frank, and average rents continue to fall.
By PrimeResi
Companies in this article
Knight FrankMost read
‘Hundreds’ of luxury London flats set for sale after £2bn lender collapse
Around 250 property companies with assets across PCL now under administration.
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Former CEO brings ‘significant whistleblowing case’ against Battersea Power Station owners
Lawyers say Don O’Sullivan's case 'raises very important questions about the integrity of financial reporting at Battersea', allegations that the company strongly denies.
By PrimeResi
DDRE reports £89mn in sales so far in 2026; boosts headcount to 55
Expanding PCL brokerage chalks up big-ticket deals and lands first resi development instruction.
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
By PrimeResi
Buyer swoops on £19.95mn apartment at The OWO
Deal agreed in just seven days for Raffles-serviced residence at landmark Whitehall scheme.
$1bn & counting: Inside Manhattan’s ‘most successful’ luxury new development
PrimeResi gets a first look at the ultra-prime West Village scheme quietly racking up record-breaking deals.
London Square launches latest SW London scheme
Hot on the heels of projects in Battersea and Brook Green, the Aldar-owned firm has debuted a 123-home development in Wimbledon.
In Conversation: Lucie Hirst on prime market misconceptions and the new rules of buying
Buying agent Lucie Hirst discusses pricing realism, off-market networks and shifting demand across London and the Cotswolds.
On Leasehold Reform: What the big shake-up could mean for prime property investors
Following publication of the draft Commonhold and Leasehold Reform Bill earlier this year, lawyers Kate Stockdale & Michael Ellis assess the likely impact on ground rents, ownership structures and investor…
LATEST ARTICLES
Knight Frank toasts £1bn sales milestone at King’s Cross
Agency closes out long-running sales programme at 'transformational' 67-acre regen scheme.
Opinion: Lucian Cook on what recent global & economic events mean for the housing market
Savills' research chief analyses the ramifications of rising inflation & international tensions on the UK's prime and mainstream property markets.
By Lucian Cook
South Ken Station’s mixed-use redevelopment ‘gathers pace’
Property developer Native Land is working alongside TfL and Places for London, to deliver 50 new homes and revamp the PCL transport hub.
By PrimeResi
Government names seven ‘new town’ locations; confirms National Housing Bank leadership
A state-backed 'housing bank' will launch on 1st April, chaired by former Grosvenor boss Peter Vernon.
By PrimeResi
Bidder bags Belgravia duplex for under £1,000 psf
Three-bed apartment between Eaton and Sloane Square sold at auction last week.