Top-end prime London prices have fallen by 16% since last year
The average £2m+ price paid in prime London in the first half of this year was £3.9m; that's 16% less than a year earlier
UK prime resi prices set to rise 9% this year, but PCL’s bounce ‘has been delayed’
Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes.
By PrimeResi
Asking prices dip as top-end property markets cool
Asking prices have fallen for the first time this year, driven by declines at the top-end, but Rightmove is predicting an Autumn bounce for the property market.
By PrimeResi
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
Most read
Luxury brokerage recruits another raft of top agents to drive SW London expansion
Fast-growing agency United Kingdom Sotheby’s International Realty confirms quartet of 'stellar' hires, including some big names from Knight Frank.
After the goldrush: Mayfair’s luxury new-build supply dwindles as development boom fizzles out
Planning restrictions & rising construction costs have driven a major shift in London's most exclusive neighbourhood.
Green light for new Valouran & Marcus Cooper Group project in Knightsbridge
Luxury developers' revamp of a grand townhouse & mews promises to 'set a new benchmark' for the prestigious PCL neighbourhood.
Super-prime PCL agency reports ‘solid’ start to 2025, as international buyers drive £300mn deal run
'Price, presentation & protraction' are the key issues facing the capital's high-end resi market right now, says Beauchamp Estates; speculates Trump's new global order could boost demand.
Investor picks up six-unit portfolio in Kensington
Agency says bulk deal demonstrates 'continued attractiveness' of prime London property to BtL investors, despite impending policy changes.
Ranked: The 20 most expensive streets in Britain right now
New analysis reveals which are the priciest addresses in 2025, based on current listings.
Self-employed broker agency buys rival
With backing from well-known property industry players, TAUK wants to 'consolidate the UK’s self employed agency space'.
By PrimeResi
Agency seals over £100mn of deals in Little Venice
Boutique firm reports run of high-end sales in the picturesque West London enclave, where - unlike in many parts of the capital - demand is outstripping supply.
Senior hire for Savills Shoreditch
Agency boosts resi line-up in east London with new associate director.
LATEST ARTICLES
Nobu unveils plans for debut UK branded resi project
High-end hospitality group teams up with developer Salboy on £360mn scheme in Manchester, marking the A-list restaurant brand's first foray into Britain’s luxury real estate market.
Norway buys 25% of Shaftesbury’s Covent Garden estate
Norwegian oil fund strikes again in Prime Central London, acquiring another significant chunk of West End real estate.
By PrimeResi
Property Industry Reactions: BoE holds interest rates at 4.5%
'While a hold in rates will be disappointing for borrowers, it does suggest a welcome level of stability', comments property portal boss Jason Tebb.
By PrimeResi
Rosewood launches first standalone resi scheme
Luxury hotel group's new boutique project in LA marks 'a monumental chapter in its residential journey'
DOGEball: Ollie Marshall on US disruption & what comes next in the UK’s economic saga
The UK is under pressure to attract global investment and stimulate growth, which could force a realignment toward lower taxes and deregulation - and have major ramifications for the housing market.