PCL transaction volumes hit a record low last year
New analysis shows that fewer than 60 properties were changing hands each week in 2020.
What to read next
Buyers spent a record-breaking £11.6bn on prime London property last year
Buyers ‘bought bigger and spent more’ in 2021, reports LonRes - and sales volumes are set to surge again over the coming weeks…
PCL buying agency closes £100m of deals in ‘vintage year’
‘2021 was a year when more and more people realised they needed some professional help to secure the house of their dreams’, says Black Brick
£15m+ deals double in bumper year for PCL
32 sales were tucked away above the £15m mark in 2021, according to Beauchamp Estates, with many going to buyers in their late 20s and early 30s
Companies in this article
London Central PortfolioMost read
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
By PrimeResi
Daggers’ DDRE tops £200mn in 2026 sales; adds five more advisers
'Buying London' brokerage brings in new dealmakers and reports run of big-ticket transactions in town & country.
Grosvenor Square penthouse finds buyer at nearly half its original asking price
Seven-day exchange follows more than three years of marketing for hefty Mayfair duplex.
Guernsey’s biggest privately-owned estate seeks £65mn
The 80-acre Havilland Hall comes with a Regency mansion, a private 'village' and an array of leisure & business facilities.
By PrimeResi
Inside 1 Mayfair: Caudwell completes first residence at ultra-luxe scheme
Lavish show apartment dressed by New York designer Jamie Drake is pitched at £83.7mn.
By PrimeResi
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Belgravia townhouse with royal past reportedly finds £39mn buyer
That price would top the £35mn paid for a Grade I-listed neighbour earlier this year.
By PrimeResi
Interview: Alexander Main on entrepreneurship, building a brokerage & getting PCL deals done
‘You can’t just wait for the market to come to you’: Agency founder talks HNW buyer trends, turning marketing spend into sales & why half his firm’s deals this year have involved another agent.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
By PrimeResi
Former Lodha director joins country house agency
Independent firm brings in top-end operator to bolster its Cotswolds presence.
LATEST ARTICLES
Knight Frank installs new Marylebone sales boss
A familiar face returns to Baker Street after a spell leading the agency’s core sales business in Knightsbridge.
In Pictures: Albion Nord-designed South Bank penthouse pitched at £20mn
Braeburn's 3,800 sq ft 'sanctuary in the sky' comes with a 900 sq ft wrap-around terrace overlooking the London Eye and River Thames.
By PrimeResi
Mayfair to host $145mn global property auction
Overseas trophy homes go under the hammer at Sotheby’s and The Connaught next week, with some opening bids expected well below listing prices.
My Property Career: Quickfire Q&A with Knight Frank’s Jon Reynolds
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Chestertons appoints Central London Director for New Homes
Agency's MENA Desk chief takes on additional responsibilities.
By PrimeResi