‘Well & truly on the rebound’: Property prices rise & discounts drop in Prime Central London
“The market for properties worth £1 million or more in London is well and truly on the rebound, having been in the doldrums over recent years,” says Coutts’ CEO, Peter Flavel. “Prices are up, with new records set in some areas, and the amount buyers are getting off the asking price is dropping.
Heatmapped: London property prices set to rise 19% in the next five years; rents by 14% – CBRE
CBRE's eighth annual "borough-by-borough" research report tracks property market, demographic and lifestyle trends across the capital.
Prime London property exchanges at third-highest level in five years as prices continue to climb
But the majority of October's property exchanges in prime London still originated in deals done before the first national lockdown, says Knight Frank.
Prime property prices outside London top pre-crash peak
Average prime values outside of London have climbed beyond their 2007 peak for the first time, says Savills, and now sit some 1.4% above their pre-crash high.
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Grade I Belgravia mansion goes for £35mn
Biggest house deal officially filed so far this year revealed.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
Trio of agents appointed to lead sales at REDD’s One Palace Green
Super-prime resi scheme overlooking Kensington Palace Gardens is set to complete this summer, delivering a collection of top-end apartments priced from £15mn.
Knight Frank in fresh New York push with luxury brokerage tie-up
Big-brand property consultancy declares a 'major milestone' for the business as it signs a new partnership in the Big Apple.
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
Deal sealed on £20.5mn duplex at Knightsbridge Gate
Buyers returned to the heritage-led boutique development after looking at competing super-prime projects across Prime Central London.
London Square gathers top design names for Milan debrief at new Mayfair HQ
The Aldar-owned developer has ramped up its presence in PCL with a luxurious new Bruton Place base.
Top-end brokerage tests auction route with Grosvenor Square penthouse
Mayfair duplex once asking £22mn returns with an £11.5mn opening bid via a rarely used super-prime sales process.
Forbes Global Properties launches UK brokerage with boutique PCL agency tie-up
Prime London stalwart Martin Bikhit to lead new venture targeting £10mn-plus homes.
‘Truly best-in-class’ Eaton Place trophy seeks £37.95mn
Agents are billing this Belgravia behemoth as the 'pinnacle of London luxury living'.
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‘Pricing precision’ driving PCL market, says Knightsbridge agency after £20mn week
New approach now needed to get big-ticket deals over the line, reports Winkworth, following benchmark sale in Belgravia.