London has its best year for super-prime property since Brexit vote
1 year, 7 months ago

London has its best year for super-prime property since Brexit vote

Hindustan Times  

It was the best year for sales of super-prime, or luxury properties above £10 million in London since before 2016’s Brexit vote, which ushered in years of political uncertainty and sent the pound tumbling. Dring tells Bloomberg that he expects just a 3% decline in prime central London prices, less than in London as a whole. “After everything that has happened in recent years, London is still highly regarded by global buyers,” says Paddy Dring, global head of prime sales at Knight Frank. “However, I expect sales volumes will decline by at least 10% over the next 12 months as political and economic uncertainty picks up.” Dring tells Bloomberg that he expects just a 3% decline in prime central London prices, less than in London as a whole.

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History of this topic

Average UK house price reached new record high of £298,083 in November – Halifax
2 weeks, 5 days ago

Average UK house price reached new record high of £298,083 in November – Halifax

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “This should …

How much house prices are predicted to go up by across the UK
Trending News
1 month, 2 weeks ago

How much house prices are predicted to go up by across the UK

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here are Savills’ predictions for house price increases over the …

London house prices rise for first time in a year
5 months, 1 week ago

London house prices rise for first time in a year

The Telegraph  

House prices in London and the South East have increased for the first time in a year as higher wages boost the property market. London prices rose by 0.2pc year-on-year in May, while properties in the South East climbed by 0.7pc, the first annual increase in either region since May 2023 and April 2023 respectively, according to the Office for …

B&M billionaire sells luxury London mansion at 30% loss
9 months, 2 weeks ago

B&M billionaire sells luxury London mansion at 30% loss

Hindustan Times  

A British billionaire has sold his London mansion at a loss of about 30%, the latest example of weak demand forcing steep discounts in the city’s property market. A British billionaire has sold his London mansion at a loss of about 30%, the latest example of weak demand forcing steep discounts in the city’s property market Bobby Arora, trading director …

London leads rebound in home buyer demand as 2024 gets under way, says Zoopla
10 months, 3 weeks ago

London leads rebound in home buyer demand as 2024 gets under way, says Zoopla

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Meanwhile, they are …

Average UK house price ended last year £4,800 higher than at end of 2022 – index
11 months, 2 weeks ago

Average UK house price ended last year £4,800 higher than at end of 2022 – index

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The housing market “beat expectations” …

London house prices more than double in 20 years since release of Love Actually
1 year ago

London house prices more than double in 20 years since release of Love Actually

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average house price in …

Average UK house price is £7,000 below peak seen last September
1 year, 5 months ago

Average UK house price is £7,000 below peak seen last September

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Within England, the North East recorded the highest annual …

Prime property prices in urban locations ‘rising faster than in rural areas’
2 years, 5 months ago

Prime property prices in urban locations ‘rising faster than in rural areas’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. It said that following the “race for space” seen …

House prices in non-London hotspots see best performance in a decade
2 years, 11 months ago

House prices in non-London hotspots see best performance in a decade

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The past year saw house prices in Britain’s prime housing …

UK house prices 10.9% higher in May than a year earlier on average – index
3 years, 6 months ago

UK house prices 10.9% higher in May than a year earlier on average – index

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “But activity surged towards the end of last year …

New York, London get hit hardest in mega-mansion sales lunge
4 years, 5 months ago

New York, London get hit hardest in mega-mansion sales lunge

Live Mint  

Sales of New York’s most expensive homes cratered by 70% in the first half, the biggest decline among the world’s priciest cities. Just 41 properties sold for $10 million or more in the U.S. financial capital, down from 137 a year earlier, as the coronavirus pandemic closed borders and disrupted deals, according to broker Knight Frank. “The impact of Covid-19 …

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