UK prime resi prices set to rise 9% this year, but PCL’s bounce ‘has been delayed’
Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes.
PCL prices are likely to rebound next year, rising 20% by the end of 2024
Prime Central London is set to become one of the UK's strongest-performing markets, predicts Savills, flipping a trend seen since 2014
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
Companies in this articleSavills
Interview: Luxury property impresario Dean Main on building a £600mn development pipeline & managing £12bn of PCL schemes
Talking legacy developments & top-end trends with the boss of Henigman & Rhodium.
‘A radical metamorphosis’: Seven-star new-builds dominating Mayfair sales market after luxury building boom
High-end new-builds accounted for more than two-thirds of sales in the iconic neighbourhood last year.
£36mn price tag for ‘sensational’ double-house in Kensington
Laterally-converted super-home on Cottesmore Gardens 'simply couldn’t be recreated these days'.
Boutique PCL agency Wilfords expands with new branch in SW London
The Kensington-based firm was founded by ex-Foxtons agents Geoff Wilford and Simon Welfare in 2011.
London’s regen zones have boosted neighbouring house prices by an extra 2.2% a year, on average
As the Government announces 12 new 'potential Canary Wharfs' around the UK, CBRE has assessed how London's big regen projects have affected neighbouring property values.
Jane Austen’s Hampshire birthplace offered for £8.5mn
Celebrated novelist Jane Austen lived in the original Steventon House for 25 years, and wrote three of her most famous works there.
Developers unveil new vision for Notting Hill’s Newcombe House
Beltane and Angelo Gordon are pursuing an office-led approach to the redevelopment of a prominent site on the corner of Notting Hill Gate and Kensington Church Street, rather than an already-consented…
In Pictures: One of the best houses on Eaton Square, asking £39.5mn
10,000 sq ft mansion has a prize spot on London's most prestigious garden square, and is attracting interest from all around the world.
Interest rates rise again, to 4.25%: Industry reactions
The Bank of England's Monetary Policy Committee has raised the base rate for the 11th month in a row.
In Pictures: Three-year project creates a ‘sophisticated’ 17,000 sq ft country estate in Surrey
Helen Green Design collaborated with the 'very best artisans, joiners and suppliers in the industry' on this sumptuous reworking.
Price sensitive buyers’ market across most of the UK – Garrington
'The spring market is likely to be markedly different from the conditions experienced just a year ago, but nonetheless much improved from what was being forecasted at the end of last year,' says national…
New agent tool will flag properties at risk from climate change
Data aims to help property pros assess the potential impact of flooding, subsidence, heat stress and coastal erosion.
Precede Capital adds two new faces
Real estate development lender has recruited a new Associate Director from Green Street, and a Senior Associate from Reed Smith.