Prime London houses outperform prime London flats. House prices rise 6.1% over two year period while price of flats falls by 0.9%.
Read more ...
For the prime lettings market the last 12 months have been something of a rollercoaster. In late 2020 tenants were bargaining hard with landlords and double-digit discounts had become the norm across central London. A year on and it is tenants who are having to work harder to secure a property.
It has been another busy month for the top end of the prime market. Over £2 million sales were up 5% on 2020 and 29% higher than 2019. The lower end of the market was quieter, suggesting many buyers wanting to purchase this year did so to take advantage of stamp duty savings. October saw 35% fewer sales under £2 million compared with 2020. But this follows a busy first half of the year, with sales under £2 million so far this year 59% higher than 2020.
Page 9 of 10
This website uses cookies to ensure you get the best experience on our website. More info
