‘Vintage year’ for the prime country house market as top-end prices surge 20%

Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year.

“Having taken stock during the first three months of the year people are now coming to market and being decisive," says Russell Grieve, office head at Knight Frank Haslemere.

"Buyer demand remains high but there are now signs that market is softening," says Zoopla's research chief, as more vendors cut asking prices and deals take longer to materialise.