Significant February Falls for Transactions and Values in the Prime London Sales Market The prime London sales market produced some negative figures in February, although the forward-looking indicators suggest some signs of improvement. Transactions and prices both saw substantial falls from what were already relatively weak positions, but under offer numbers picked back up after slowing around the turn of the year. Values were most affected, with the average achieved price across all prime London falling by 10.0% on an annual basis. This is the largest fall since the global financial crisis of 2008-09 and was driven primarily by prime central London, where values have fallen 23% below their 2014/15 peak. This compares to single-digit falls in the other prime catchment areas.
Prime London Monthly Briefing March 2026
Prime London Monthly Briefing March 2026