Main image: Since 2000, average prices for two-bedroom flats in Greater London have climbed 70%, and three-beds by 135%; in Notting Hill, the rise has been even sharper – 140% and over 165% respectively for best-in-class homes
‘Strongest ever’ start to the year for London’s £5mn+ property market
128 London homes changes hands for more than £5mn in the opening three months of the year; 25% more than in Q1 2021, and 24% more than in Q1 2020. Prices, meanwhile, are rising at the fastest pace since 2014's Stamp Duty changes.
‘Rebalancing begins’ as prime London’s property market catches up with country house performance
Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year.
Prime London’s property market hits a ‘sweet spot’ as buying activity picks up
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
PCL’s property market posts busiest Q1 in five years, but the recovery ‘may be more muted than we’d hope’ – JLL
“We still expect PCL to be one of the best performing markets in 2022, as the resurgence of the city continues," says JLL's new research chief, Marcus Dixon - although "delays in overseas buyers returning…
Companies in this article
SavillsMost read
‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
Property industry reactions: Tories pledge to ‘abolish’ Stamp Duty
Stamp Duty is 'a bad tax, an un-Conservative tax', says Kemi Badenoch.
By PrimeResi
Beyond interior design: St George MD on rethinking the role of the showhome
Marcus Blake talks us through the Berkeley Group developer's new creative direction, and shows off its first completed in-house design effort.
By Marcus Blake
Savills installs new sales boss in Notting Hill
Dan Martin returned to the agency earlier this year following a stint at UK Sotheby’s International Realty.
Unseasonably slow September for London’s top-end property markets
Fresh analysis reveals the impact of pre-Budget jitters on the capital's high-value sales and lettings sectors.
London brokerage recruits former Savills agent to lead ‘quality-driven expansion’
Sean Tully has joined Sean Barrett's The Agency Group as Director of Growth & Recruitment.
By PrimeResi
Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
Qatari Diar tops £1.5bn sales mark at Chelsea Barracks
Momentum continues at the ultra-luxury Belgravia scheme despite wider market headwinds.
LATEST ARTICLES
Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
By PrimeResi
Contemporary mansion sale ‘sets new high-water mark for luxury real estate in Spain’
The 'modern palace' in Sotogrande is one of a series of super-prime homes designed by ARK Architects.
By PrimeResi
In Pictures: Luxury Foster + Partners & 1508 London-designed scheme unveiled in the UAE
Developers tap top UK-based design firms for 234-home beachfront project.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.