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PrimeResi's snapshot of the London property market, featuring the latest sales and lettings data from LonRes.

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Property Market News

18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.

Fresh analysis by Savills suggests the global branded residential development niche expanded by nearly a fifth in 2025.

The total value of overseas-owned property in England & Wales has continued to climb in recent years, but more slowly than in the late 2010s.

UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.

The market is beginning to stabilise, says leading estate agency, with house prices predicted to rise by only 1-2% across the country next year.

Average asking prices fell 0.6% through 2025, but Rightmove is forecasting 'a better year for price growth in 2026 with a strong rebound in activity to kick start the year.'

Trade body UK Finance is forecasting a 4% increase in gross mortgage lending next year, despite a drop in residential transactions.

Your essential five-minute briefing on the latest market movements & commentary, featuring data, forecasts and analysis from Chestertons, Rightmove, Knight Frank, Hamptons, Zoopla, LonRes, Savills & more...

CONTACT LONRES: If you would like further independent data on the dynamics of London’s residential market or required some bespoke research for your business, please contact the Research Team at LonRes on [email protected] or call +44 (0)20 7924 6622.