'There seems to be no rush for many potential buyers & sellers': Transactions & prices slide in Prime London's 'subdued' sales market
Average values across the prime postcodes are now roughly in line with early-2014 levels, reports LonRes.
What to read next
Under-offer numbers down in Prime London as buyers & sellers put their moves on hold
The number of properties put under offer last month was below the pre-pandemic average for the first time since June 2020, while fall-throughs were up by 80%...
Rich pickings for Prime London buyers as supply rises & sellers cut prices
Demand for homes is still out there but tending to be price sensitive, reports LonRes - and motivated vendors are taking action...
Prime London prices post steepest fall since GFC as discounting deepens
Values down 10% year-on-year after a 'poor month' for the sales market, reports LonRes; under offers and buying agent enquiries ‘offer a little optimism’
Companies in this article
LonResMost read
PCL heavyweight Willis joins Forbes-backed brokerage
EXCLUSIVE: Former Strutt & Parker board member signed up as Founder Partner and MD as Martin Bikhit builds out new UK luxury agency.
Arts & Crafts gem on Kensington Palace Gardens reborn as six ‘world-class’ residences
Luxury developer REDD unveils set of super-prime homes following ambitious five-year restoration of Philip Webb-designed landmark.
Alex Michelin: How driverless cars will reshape the property market
Luxury development chief says driverless revolution could redraw the prime London map.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
Boutique London agency names new MD; opens Fulham office
Landstones has moved into the former Draker space on Fulham Road.
By PrimeResi
Savills makes key resi hire in Dubai
Greg Stockton is on board to link UK developers with investors, wealth managers and adviser in the Middle East.
By PrimeResi
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
By PrimeResi
Harding Green recruits another top Foxtons agent
Sloane Square ops director makes move to self-employed broker model after nearly 17 years with former firm.
London Square picked for 133-home Waterloo scheme
Aldar-owned developer takes on resi element of major new health and life sciences quarter.
LATEST ARTICLES
Berkeley calls for stamp duty overhaul as cautious buyers hold fire
London development giant wants 1% SDLT cap for first-time buyers and downsizers - and the investor surcharge scrapped altogether.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
Agency reports biggest month for country house exchanges since 2022
After a dry few years, Strutt & Parker heralds 'a return of confidence in decision making for both buyers and sellers.'
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chartwell Noble recruits former Fisher German partner
Independent agency continues to build its network of country house brokers.
By PrimeResi