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...
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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.
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.
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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".
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Developer & contractor convicted over fatal London tower incident
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Savills profits jump 47% despite UK resi slowdown
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£13mn Wentworth trophy home sparks competitive bidding
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£13mn Wentworth trophy home sparks competitive bidding
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Lichfields installs new Planning Director in London
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Savills bolsters Edinburgh team with returning London director
Ele Ross returns to the Scottish capital after three years in Islington, where she advised on more than £150mn of sales.