The Million Pound Street Drop: The number of £1m+ addresses in the UK has fallen by 10% in the last year
There are now 15,484 streets with an average property price in excess of £1m, says Zoopla; 1,805 fewer than the 17,289 recorded at the same time last year.
Property market set for busiest year since 2007, on track for over 1.5 million residential transactions
Zoopla expects the total value of homes sold in the UK to reach £461 billion this year; that's 46% more than in 2020, and 68% more than in 2019...
By PrimeResi
Savills forecasts a 7.5% drop for house prices this year, with transactions down by a third
Savills is standing by its pre-pandemic five-year forecasts, despite anticipating a major slump in 2020.
By PrimeResi
Asking prices drop for the first time this year as properties stick on the market
'Key metrics indicate a buyers’ market in the second half of 2019,' says Rightmove, as the portal notes 'tentative signs of the market bottoming out' in London
By PrimeResi
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Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
By PrimeResi
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
By PrimeResi
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
By PrimeResi
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
By PrimeResi
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.
By PrimeResi
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.
SW London estate agency appoints new sales & lettings heads
Arrival of a new Head of Sales and a new Head of Lettings 'mark an exciting new chapter for Lawsons & Daughters,' says boss Sanjay Joshi.
By PrimeResi
Estate agency named among UK’s fastest-growing firms
Self-employed firm The Agency UK was the only estate agency to feature in this year's Sunday Times 100 ranking of high-growth private businesses.
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RedBook enlists high-profile names for new-look advisory board
Former editors, heritage specialists and a respected property researcher join the consultancy's expert panel.
Knight Frank names new UK Managing Partner
The property consultancy's Head of Commercial will step up to lead the UK business when Stephen Clifton retires next year.
By PrimeResi
KFH recruits ex-Foxtons director for Sales MD role
Another senior industry figure joins the Lomond-owned agency's leadership ranks.
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Housing market ‘pace of decline shows signs of stabilising’ – RICS
Metrics on property prices, buyer demand & agreed sales volumes all declined in May, but not as fast as in previous months.
By PrimeResi