Property Market News

A record 92% of sellers sold their property in 2021 for more than they bought it, according to Hamptons, having owned it for an average of 8.8 years.

“We’ve seen significant competition for homes throughout the year and I can’t see that changing in 2022,” says Edward Douglas-Home, head of Scottish residential at Knight Frank.

Savills expects prime regional price growth to moderate this year, while Prime Central London prices feel ready to surge upwards.

Savills and Knight Frank have both reported surging rental prices in Prime London, as tenants return to town.

“I’ve never known a time like it in 30-plus years," says Rupert Sweeting, head of national country sales at Knight Frank.

Property prices in prime outer London are rising at their fastest pace since February 2016, according to Knight Frank's latest index.

"2021 is likely to mark the largest outmigration from London for at least a generation," says Hamptons' research chief.

Knight Frank presents the 12 numbers of 2021...

Harrods Estates' Head of New Developments Simon Barry, Head of Lettings Sarah McIntyre, and Residential Director Shaun Drummond share their pick of the key trends set to shape the luxury property market…

Buyer demand increased again in November, while sales listings continued to fall.