Property Market News
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
Is this Prime Central London’s most accurate property index?
Valuation firm collaborates with real-time data firm, LSE professor & top buying agency to track market movements since 2000, reflecting location, size & tenure.
Prime London sales market latest: Quiet December could be followed by a busy Q1
Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.
Momentum builds in Prime London’s sales market, but price growth remains ‘stubbornly flat’
Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels;
Tax changes may ‘tip the balance away from buying’ for HNW movers to London
Properties achieving more than £2,000 per week are already making up a larger proportion of the market, reports LonRes.
Slowdown continues in Prime London’s rental market
New LonRes data shows rental growth fell in October, with activity levels well below pre-pandemic levels.
Prime London sales market ‘bursts into life’ with best October since 2013
LonRes reports 'substantial turnaround' as transactions jump 55% year-on-year, while a significant rise in under offer numbers bodes well for Q4.
London is ‘still by far Europe’s most mature & expensive high-end residential market’
New CBRE analysis takes a deep dive into the capital's luxury living sector, and how it compares to other wealth hubs.
Tom Bill: Higher-value property markets see bigger pre-Budget slowdown
'Stamp duty on sales above £2mn accounted for 22% of the £11.7bn raised last year, which is something the government may want to consider as it puts the finishing touches to its Budget'
PCL trophy homes renting for up to £1.3mn per year as wealthy buyers take pause
Concerns around Labour's tax policies are driving a luxury lettings boom in the capital's top neighbourhoods, reports Beauchamp Estates.
Prime London sales market in post-election bounce
Deals started flowing again last month, new LonRes data shows, but are the conditions in place for a sustained recovery?
Rich pickings for Prime London buyers as supply rises & sellers cut prices
Demand for homes is still out there but tending to be price sensitive, reports LonRes - and motivated vendors are taking action...