PCL rents have risen by 27% since the onset of the pandemic
The frenetic conditions of the last 18 months look to be calming down, but rental growth is still high by historical standards.
What to read next
Prime London rents march on as lettings activity slides
Latest LonRes numbers show rental values up 3.8% year-on-year as lets agreed fall by more than a quarter.
The price of perfection: ‘Immaculate’ PCL rentals command 31% premium
New analysis digs into the landlords, tenants and changing economics of the prime lettings market.
Prime London rents pick up pace as growth hits 18-month high
Average values jumped 5.3% in July, reports LonRes, with PCL seeing an especially sharp turnaround.
Companies in this article
Knight FrankMost read
London sales slump to six-year low as price cuts surge
Fresh analysis of LonRes data reveals agreed sales in the first nine months of 2026 were 22% below the five-year average, and 36% below 2021 levels.
By PrimeResi
Regent’s Park trophy home once asking £32mn reportedly sells for £11.5mn
Historic Nash-designed mansion changes hands for 44% less than its 2013 purchase price, according to Bloomberg.
Super-prime London developer unveils Dubai debut
Valouran teams up with fellow PCL luxury specialist on a high-end townhouse project in the emirate.
Another big-ticket deal sealed at Mayfair’s 60 Curzon
Four-bed apartment guided at nearly £25mn finds a buyer at the Thierry Despont-designed scheme.
Russell Simpson recruits Strutts veteran Meacock
Notting Hill sales chief, who helped launch two high-profile London offices, makes move to the expanding family-run agency.
Albion Nord builds senior team as international ambitions grow
Super-prime design studio makes quartet of high-level appointments as it expands its portfolio across the UK and overseas.
Top-flight London design studio expands into Middle East
Laura Hammett is opening a permanent base in Dubai next month.
By PrimeResi
Lettings veteran launches prime rental search agency
New venture GH Property specialises in sourcing high-end rental homes across the Home Counties.
By PrimeResi
Mansion tax territory: Three withdrawals per £2mn-plus sale; twice the wait for a buyer
New figures reveal the scale of the challenges facing the top end of England's housing market, with another Budget imminent and the HVCTS looming large.
In Pictures: Echlin x Dyson collab at Ransomes Wharf
London Square’s Battersea scheme showcases British craft with a high-tech twist.
LATEST ARTICLES
‘There is a tangible value shift’: Alexander Lewis on Lancaster Gate’s coming of age
Development & investment guru explores how a wave of projects is transforming a long-overlooked corner of W2.
Priory Walk townhouse hits the market after superyacht-inspired overhaul
In Pictures: Classic Chelsea family home emerges from ambitious reworking by rjha Architects and a cast of specialist contractors.
Mapped: How Prime London prices & rents have shifted over the last three months
Latest data reveals what's been happening at neighbourhood level, from Battersea to Belsize Park.
‘Selling Sunset’ brokerage sets sights on Dubai
Oppenheim Group lines up 7,000 sq ft base, with plans to double its agent team - and make Dubai its biggest office globally.
Winkworth: PCL deal-making hits 18-month low as buyers tighten the screws
Even heavily discounted stock isn't cheap enough for buyers, reports agency, as chief exec bemoans annual ritual of autumn tax speculation.