In Focus: Prime Central London

In Focus: Prime Central London

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Summary

It won’t come as a surprise that the past 18 months have been somewhat quieter in London’s most exclusive postcodes. But as streets start to bustle once more, and confidence in the vaccine programme grows greater, London’s luxury property market also breathes signs of life again. So, how is the residential property market here performing? Prime central London has recorded its strongest half year in both volume and value terms since the rush to beat the introduction of the new stamp duty rates seven years ago. Although encouraging, this activity is yet to translate into meaningful price growth with prices rising by only 0.2% on average. 

Source: Savills

Published: 2021

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