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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

As the branded resi sector continues to grow at a remarkable pace, Michele Galli of The One Atelier explores what’s driving the evolution and resilience of this luxury niche.

Property portal reports higher deal numbers, increased buyer demand & rising supply compared to the start of last year.

Letting agency flags the return of 'traditional seasonality.'

Kensington & Chelsea takes pole position in Savills' list of top super-car locations.

UK property market ended 2024 'on a firm footing,' says the RICS.

Sunbury-on-Thames & Bristol City Centre saw the biggest increases in average asking prices last year, reports Rightmove - while London was the only region to see negative growth.

LonRes data shows agreed lets were down by 18.9% last month, compared to December 2023, while new instructions fell by 26.3%.

Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.

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.