PCL prices are rising at their fastest rate since 2014, but remain 17.6% below their peak
Savills is forecasting a slow and steady recovery - rather than a sharp uptick - for London’s golden postcodes, unless high net worth foreign investors return in their pre-pandemic numbers…
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Average PCL price per sq ft at lowest level since 2012
Rising supply and dwindling demand are keeping values under pressure in the capital's most exclusive postcodes, reports LonRes.
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Non-dom exits, international bargain hunters and a raft of trophy listings reshaped the £15m-plus sector over the last 12 months, reports Beauchamp Estates,
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
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LATEST ARTICLES
UK Sotheby’s lays claim to 88% of PCL’s £15mn-plus market
Luxury brokerage reports Q3 sales stats - including some eye-catching claims about its dominance at the top of the market.
New figures reveal £541mn Stamp Duty slump after Reeves Budget
Knight Frank has been crunching the numbers ahead of John Healey's big speech, revealing a sizeable drop in high-end sales and the Treasury's tax take.
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Another Budget, another round of doom and gloom - but buying agency boss Richard Rogerson has been digging through the £10mn-plus sales figures, and London isn't quite as lifeless as some are saying.
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Caudwell debuts Invisible Collection-designed residence at Le Provençal, one of the biggest apartment launches on the French Riviera this year.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.