The average 2021 vendor sold their home for 46% more than they bought it for
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.
Average time to sell a home jumps to 141 days
In 2019, it took an average of 129 days from a listing first appearing on a property portal to the transaction completing. That's jumped to 141 days in 2020.
The average UK house price climbed 10.8% in 2021 – official data
“It's unlikely we’ll ever see a repeat of the conditions leading to 2021’s price growth," says Savills, as the official UK House Price Index confirms astonishing property price inflation through last …
Property ‘flipping’ makes a comeback, reaching highest level since 2008
The number of homes bought and sold again within 12 months has reached a 12-year high.
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Caudwell unveils vision for £2bn ‘palace of residences’ in Mayfair
Pre-launch details and new images reveal what we can expect from the RAMSA-designed 1 Mayfair, including 'the finest triplex penthouse ever unveiled in the London ultra-prime marketplace'
Deals & listings flow for Daggers’ DDRE Global as Netflix fame beckons
Four-year-old advisory starring in forthcoming Selling Sunset-style show now has over £1bn worth of international real estate on its books, with an average listing value of nearly £11mn.
Mayfair on track to hit £15,000 psf & become ‘world’s most expensive address’
Low stock levels will push values of trophy new-builds to record heights over the coming years, forecasts Beauchamp Estates
Hamptons director joins Savills’ country house department
Phillippa Dalby-Welsh continues to strengthen her country house sales team, with fourth big appointment of the year so far.
By PrimeResi
Gove’s leasehold reform plan ‘quietly crumbles’
The Housing Ministry is said to be facing 'fierce resistance from the Treasury' over a proposal to set ground rents at peppercorn rates.
By PrimeResi
New estate agency launches in Buckinghamshire
Domus Partners has been set up by James Courtney and Luke Green.
By PrimeResi
Extraordinary Ibiza mansion seeks €16.5mn
Fresh from a starring role in a Netflix drama, Villa Solstice 'is one of the most incredible frontline villas to come to the market in Ibiza for many years,' say agents.
By PrimeResi
London Square swoops on important Chelsea convent site
Property developer aims return the prime site next to the Royal Hospital and National Army Museum to residential use, promising 'exceptional design that will enhance and reflect the rich heritage of the…
By PrimeResi
Making sense of Mayfair’s super-charged property market in nine charts
New report lifts the lid on the PCL neighbourhood that's outperforming all others, as agency forecasts further growth & 'landmark' deals in 2024
‘Resilience on the Riviera’: Monaco is still the world’s most expensive prime property market
Micro-state continues to punch above its weight on the international stage.
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Four trends at play in the prime London market this Easter
Some balance is returning in PCL, reports buying agent Jo Eccles.
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Buyer sought for boutique resi development opp in Brook Green
Prime W14 site comes with planning for eight new-build apartments.
Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
The latest Savills indices point to a more positive outlook for top-end property markets in London and the regions, although prices remain sensitive.
By PrimeResi
Knight Frank appoints new office head in Winchester
Jane Kennerley has made the move from Savills.
New York, Tokyo & London named world’s ‘most resilient’ cities in 2024
Savills' annual research points to 'an inflection' for global cities in 2024 'as funding environments improve and real estate investment volumes start to recover.'
By PrimeResi