The average property is selling for 96% of its asking price
Homes in many Prime Central London postcodes are selling for c.10% less than their asking prices... Fewer than 1% of postcode areas in England & Wales manage an average selling price above asking...
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
By PrimeResi
Average UK and London property prices dipped by 1.1% in January – UK HPI
Official pre-virus data indicates that the annual rate of UK property price inflation fell from +1.7% in December to +1.3% in January.
By PrimeResi
Central London property transactions jump – but buyers remain ‘cautious & price-sensitive’
Winkworth has reported a 48% surge in central London buying activity (15% ahead of the five-year average), but still describes the market as "muted".
By PrimeResi
Companies in this article
GetAgentMost read
‘An important moment for independent agency & brokerage in the UK’: Harding Green acquires The London Broker
Industry heavyweights join forces to ‘supercharge’ the UK broker model.
Budget 2025: Estate agency assesses ‘most likely’ tax changes for the property market
Hamptons' research chief runs through the tax runners & riders that could hit the residential market on 26th November.
Big London agency calls the bottom of the market
Chestertons says it has spotted the telltale signs that confidence is about to return.
£70mn deal streak for Strutts’ Estates & Farms team
A strong autumn market saw the agency conclude 'landmark' sales in Wiltshire & Surrey - and tee up some big transactions for the coming weeks.
Agents report ‘extraordinary’ sales & lettings run in North Surrey
Knight Frank handled £106mn-worth of property sales & saw a 171% jump in super-prime lettings in the area through Q3.
By PrimeResi
Cotswold estate agency teams up with interior design studio
'This collaboration allows us to bring a thoughtful, lifestyle-driven element to the service we offer,' says Butler Sherborn's Elizabeth D’ Allemagne.
By PrimeResi
Buyers compete over rare unmod townhouse in Notting Hill
Stucco-fronted property just off Westbourne Grove went for well above asking after becoming available for the first time in over 40 years.
Knightsbridge apartment reportedly sells for £26mn below original purchase price
Financial Times flags notable recent transaction at high-profile ultra-luxury resi scheme.
UAE developer announces major acquisition in East London
Arada has agreed to buy an 80% stake in the £2.5bn Foster + Partners-designed Thameside West regeneration project.
By PrimeResi
Burrows to head expanding brokerage’s New Homes division
Seasoned new-build specialist brings senior-level experience from Strutt & Parker, CBRE & John D Wood.
LATEST ARTICLES
Top Chestertons & Foxtons agents join UK Sotheby’s International Realty
Brokerage adds luxury specialists Stephanie Russo & Thomas Brooks to its growing PCL team.
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Battersea Power Station’s Matthew Sansom: How living on the high street came back in fashion
BPSDC sales boss explores how the resurgence of the high street is shaping demand for resi property.
More than half of estate agents report ‘financially difficult’ year
Survey reveals property brokers' business anxieties as well as tech-fuelled hope for the future of the industry.
By PrimeResi
PCL sellers open to offers as buying activity slows
Fresh CBRE analysis confirms a drop-off in Prime Central London property sales, while rents continue to rise.
By PrimeResi