Prime London Property Market Snapshot: Week 33, 2023
PrimeResi's regular sit-rep of London's prime residential scene, featuring the latest sales and lettings data from LonRes.
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Stay on top of the prime property market and benchmark your business with the latest statistics and trends.
By the Numbers: Prime London’s property market in 2023 so far
'2023 is set to be more in-tune with the last so-called normal market of 2019,' says property firm London House after crunching data from LonRes.
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the …
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JLL opens new west London office
Firm responds to 'growing demand' for its services in & around Kew, Chiswick, Brentford & Acton.
In Pictures: Pawson-designed ‘masterpiece’ up for sale in Mayfair
Minimalist 1987 creation was designed by the acclaimed architect for the renowned art collector Doris Lockhart Saatchi.
Fast-growing luxury agency recruits two new lettings directors
United Kingdom Sotheby’s International Realty continues expansion, bringing in PCL specialists Minnie Stainrod & Olivia McSweeney.
The Buying Solution names new chief
Will Watson takes the reins at the top-flight property buying agency.
London Square picks up prime Vauxhall development site
Resi developer continues its acquisition spree in central London.
City law firm names new Head of Residential Property
Super-prime specialist Parveen Abbas has stepped up to lead the 257-year-old practice's resi real estate division.
‘Iconic’ freehold block hits the market in Belgravia
'Exceptionally rare' proposition on Eaton Place is expected to attract global interest.
PCL estate agency launches interior design service for short-lets
'We’ve seen increasing demand from clients to help prepare their houses and flats before letting,' says Ed Woolgar of Russell Simpson.
Ranked: The world’s 50 wealthiest cities in 2024
London has lost 10% of its high net worth population over the last ten years, pushing the UK capital down to fifth place on a list of the world's most millionaire-heavy cities.
600 new towers set to transform London’s skyline amid ‘huge changes’ for tall buildings
But 'momentum has slowed considerably' for high-rise residential development projects, says NLA.
LATEST ARTICLES
Strutt & Parker strengthens Home Counties team
Agency's latest appointments are a 'strategic move' in response to a busy market in Berkshire & Surrey.
Heaton & Partners appoints first COO
Jack Frost has re-joined Ed Heaton's buying agency, stepping into the newly-created Chief Operating Officer role.
Savills & Fuller Gilbert serve up £18mn mansion in Wimbledon
High-spec specimen on Parkside is 'one of the most prestigious houses to come to the market in recent years'
We see significant opportunities ahead: Haringtons on prime London & country markets in 2024
One of the UK's longest-standing acquisition firms reports on how buyers are responding to the current economic uncertainty, and a looming general election.
‘We’re seeing some huge increases in rents of late,’ says London agency
One London borough has seen average rents rocket by 27% in the last year.