PCL prices prove resilient as demand recovers faster than supply
“It feels remarkably similar to the period that followed the EU referendum,” says Knight Frank's Head of London Residential Research, Tom Bill. "It will take a while for the market to find its feet."
PCL prices are likely to rebound next year, rising 20% by the end of 2024
Prime Central London is set to become one of the UK's strongest-performing markets, predicts Savills, flipping a trend seen since 2014.
By PrimeResi
Supply & demand bounce back, but 81% of properties are still selling below asking
'It’s evident that buyers and sellers are no longer waiting for the outcome of Brexit and want to get things moving,' says NAEA chief
By PrimeResi
Agents see more deals per branch, despite falling supply & demand
'Sales are still happening at the rate we would expect to see at this time of year', says the National Association of Estate Agents
By PrimeResi
Companies in this article
Knight FrankMost read
Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
In Pictures: Ashgrove Homes & Studio Indigo collaborate on Belgravia mews project
Luxury development and design teams complete 3,000 sq ft residence on one of PCL's sought-after cobbled backstreets.
Art Deco-inspired ultra-prime mansion changes hands in Knightsbridge
Luxury developer sells pair of trophy homes - including the former residence of ballerina Margot Fonteyn - in fresh boost for PCL market.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
In Pictures: Met-linked Palladian masterpiece hits the market at £12mn
Oxfordshire’s Grade I listed Kirtlington Park sits in the very top echelon of England’s country houses, says Savills, as it lands another trophy instruction.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
By PrimeResi
Grosvenor backs Westminster resi scheme with £22.6mn loan
Prominent Vincent Square building is being reworked as 26 homes.
LATEST ARTICLES
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Prime Property & the Renters’ Rights Act: What still sits outside the rules?
A month on from the introduction of the biggest rental reforms in a generation, property lawyer Edward Cooper looks at the exemptions and grey areas that still require careful navigation.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
Freehold Marylebone mansion block sells at auction
Great estate has owned the land since 1715.
Vast Monaco penthouse offered for rent at €180k per month
Unica Capital has made an ultra-prime buy-to-let investment, 'responding to a clear shift in how the Principality's most discerning residents want to live.'
By PrimeResi