Prime London property prices are ‘in a holding pattern’ until Spring
Knight Frank saw a sharp drop in offers bing made on prime London properties towards the end of 2022 - but offers accepted and exchanges were well up on previous years.
What to read next
Tom Bill: The ‘great recalculation’ will have to wait until 2023
Rarely has the current state of the UK property market been such a poor guide for what happens next, says Knight Frank's research chief.
By Tom Bill
Prime Central London property prices and rents continue to climb
'We sense increased downward pressure on both prices and activity in the year ahead' for mainstream property markets, says JLL's research chief - 'but we don’t think this is necessarily the path the…
Prime London property buyers ‘are hesitant but haven’t disappeared’
Knight Frank's latest analysis of the prime London property market tells of a clear slowdown in buying activity - but a price crash seems unlikely.
Companies in this article
Knight FrankMost read
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
‘The product has to work harder than ever’: Dean Main on developing, managing & future-proofing super-prime homes
The Rhodium and Henigman boss gives PrimeResi the inside track on how top-end demand is shifting in London - and reveals what separates the very best schemes from the rest.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
By PrimeResi
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Luxury PCL developer expands into the prime country market
Mayfair-based REDD says growing demand from UHNW clients is driving its move beyond central London.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
By PrimeResi
Global super-prime market rebounds, with London back in the mix
Knight Frank tracked 636 US$10mn-plus resi deals worth US$11.4bn in Q1, with London climbing to fourth globally by deal volume as Dubai, Hong Kong and New York led the strongest quarter in a year.
LATEST ARTICLES
Lord Snowdon’s former country retreat on the open market for first time in more than 500 years
In Pictures: An ancient house with high-society provenance seeks £3.95mn.
By PrimeResi
Prime London’s £100k lettings club keeps growing
Almost one in eight lets so far this year have been above the Renters' Rights Act threshold.
Buyer sought for ultra-prime Cannes trophy estate project
Off-market shell-condition château offers €50mn-plus potential once complete, says agency.
Agency completes brace of super-prime Hampstead deals as domestic demand holds firm
Knight Frank says buyers are still prepared to 'leapfrog the market' when best-in-class options come up.
My Property Career: Quickfire Q&A with Oona Collins
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.