834 homes were sold in prime central London in Q1, according to Strutt & Parker. That’s an 8.3% increase on the quarterly average for the last ten years.
The firm (which defines PCL as Chelsea, Kensington, Fulham, Notting Hill, Knightsbridge and Belgravia) has been grafting away in the Lonres data vaults and says the £2-5m and £5m+ markets have seen “exceptional” growth in both values and volumes on the same time last year.
The research team has picked up on a 47.2%
- Q2 Review: Transactions tanking and buyers negotiating as prime London hits the brakes August 3, 2016
- ‘Significant increase’ in African and UK overseas buyers in PCL January 28, 2016
- Prime Central London emerges from the depths November 3, 2016