Property Market News

44% of global cities saw average house prices surge by more than 10% in 2021.

There are currently 172,589 residential properties listed for sale across the UK, according to research by TwentyCi, and another 237,512 homes with sales agreed.

Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.

Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year.

"Prime Central London is now moving back into the spotlight," says Knight Frank. "The fact prices have been falling for six years helps."

Spring has sprung – and so has demand, says Laura Conduit, offering up some top tips for staying ahead of the competition…

London's SW postcode is one of the slowest-moving property markets in Britain, according to new analysis - but is the most lucrative patch for estate agents.

The average mortgage value was £235,474 in February - a significant 4.6% higher than the previous month, and 10.4% up one the year.

Foxtons saw a drastic surge in demand for homes in London as the Covid-19 pandemic eased; producing a series of charts to illustrate the capital's key property market trends through an extraordinary time.

It's been a busy start to the year for the property market, with some 30% more sales agreed in Q1 than in pre-pandemic times.

The new homes industry has an opportunity to attract a new wave of buyers and tenants looking to save money - and do their best for the climate - says agency

One in four prime London property listings has already found a buyer, down slightly compared to Q4 2021.