UK HPI returns after lockdown hiatus: Average property prices dipped by 0.2% in April
In the year to April's end, average house prices increased in London to £480,425 (2.3%), in England to £251,000 (2.5%), Wales to £169,000 (5.0%), Scotland to £153,000 (1.6%) and Northern Ireland to £141,000 (3.8%).
Average house prices nudged up by 0.3% in May – UK HPI
The average UK house price increased by 2.9% over the year to May 2020, up from 2.7% in April, according to the latest official UK HPI update.
By PrimeResi
Post-lockdown property market bounce ‘may quickly run out of steam’, warns the RICS
Sales activity has "rallied noticeably" since May, report surveyors.
By PrimeResi
London house prices have risen at nearly twice the pace of the national average in the last ten years
Property prices in Greater London escalated by 82% between 2009 and 2019, according to research house Acadata. That's nearly twice the average house price inflation rate across UK regions (42.6%).
By PrimeResi
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£28mn Knightsbridge mansion sale sets 2025 benchmark
Recent mega-deal on Princes Gate 'reaffirms London’s appeal as a global property destination,' say agents.
The Times: Who’s buying London’s most expensive new flats?
Investigation lifts the lid on £600mn worth of apartment sales at some of PCL's most prestigious new-build schemes.
Savills expands super-prime lettings operation; recruits new North London chief
Isabella Birch Reynardson's specialist division is expanding into high-value regional rental markets, while Stevie Walmesley has moved from DDRE to lead the team in North London.
By PrimeResi
‘This isn’t just an expansion – it’s a transformation’: US mega-brokerage Douglas Elliman goes global
Major-league luxury real estate brand sets sights on Europe & beyond; high-profile alliance with UK-based Knight Frank 'mutually concluded' after 15 years.
Super-prime specialists join ‘London’s original brokerage house’
The London Broker signs ex-Lodha star Philippa Bromley-Martin & Cannes-based luxury specialist Jez Moore as platform expands internationally.
John D Wood & Co adds five-branch agency in SW London
Well-known firm with operations in Battersea, Balham, Fulham & Clapham joins prime agency's expanding 'family of brands'.
PCL dealmaker Harvey Cyzer on the state of play in Mayfair’s property market
The headlines may be bleak, but sales revenue at OB Private’s Mayfair office is up 228% year-on-year - so are smart buyers seeing what others aren’t?
By Harvey Cyzer
Global buyers drive $115mn bidding at luxury property auction in London
High-value villas, ranches and vineyards were among the offerings at the latest Concierge Auctions event, held last week at Sotheby's London.
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Rhodium brings in former LVMH director for global branded residences push
Luxury sector heavyweight Pierre Mallevays joins Dean Main’s super-prime firm as Strategic Advisor, as it eyes more international growth.
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Former boss of JLL Kensington joins Moveli
'Upper market' brokerage's latest signing will cover Cheltenham, the Cotswolds & London.
Boutique London developer targets European expansion
Alex Macaulay's Kinland has lined up luxury schemes in Portugal & the French Alps, after delivering two sell-out projects in South London.
Dolphin Square Resurfaces: Inside one of Europe’s biggest resi restoration projects
First wave of apartments & luxury amenities make a splash in epic overhaul of 'iconic' rental estate in Pimlico.
Long-running RBKC agency launches ‘flagship’ HQ in South Ken
tlc Estate Agents is also revamping its former home in Earl's Court. 'We are honouring our heritage while stepping confidently into the future,' declares COO Samantha Hossack.
By PrimeResi
Expanding real estate recruitment firm strengthens senior ranks
Georgia Zambakides steps up as Executive Director at deverellsmith as the London-based business plans for 'unparalleled' growth.