Average values jumped 5.3% in July, reports LonRes, with PCL seeing an especially sharp turnaround.

LonRes reports annual rental growth of 2.7% across the prime postcodes in May - but latest jump is 'more likely to be a coincidence' than a direct result of the Renters’ Rights Act coming into effect.

Agency says competition for available homes in Prime London has reached its highest level since September 2022.