Tom Bill: Risks change in Prime London's sales market as the year ends
'The primary risk for London’s prime property market is now political rather than economic,' says Knight Frank's research chief, as he looks back at how 2023 unfolded, and assesses what lies ahead for 2024.

Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.
Tom Bill on ‘a year of re-balancing’ in the Prime London lettings market
'2023 was the year the convulsions caused by the pandemic in the prime London lettings market began to dissipate,' says Knight Frank's residential research chief, as he looks back at the past 12 months…
By Tom Bill
Tom Bill: Prime London’s sales market proves resilient as supply builds
Buyer demand is running a third above the five-year average in prime London, says Knight Frank's research head, while the supply of homes available to buy is up 16%.
By Tom Bill
Tom Bill: A late autumn boost for the prime London sales market
The signs increasingly point to a bounce next spring, says Knight Frank's resi research boss - provided a general election is not called in the first half of 2024...
By Tom Bill
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Dubai soars as global super-prime market ‘hits a new gear’
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Non-dom changes create £401mn stamp duty ‘black hole’ – Knight Frank
Policy shift blamed for slump in £5mn-plus deals and mounting pressure on Treasury purse strings.
Have PCL property prices really dropped 60% in a year?
It depends on which data you look at, and caveats apply.
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