Prime central London’s ever-upward trajectory seems to be coming to an end, especially in the £6-15m bracket, according to the latest from WA Ellis.
Capital values just aren’t rocketing in the way have been over the last three years and transaction levels are beginning to wane, with multi-level houses bearing the brunt of the gear change. It’s probably down to the drying up of that international influx of global wealth to London’s property market as the rest if the word’s asset markets /economies stumbled, and the ever-present mansion tax ghoul.
- Prime Central London emerges from the depths November 3, 2016
- Vendors ‘staying on after completion’ as buyers try to beat tax deadline March 30, 2016
- Is this the most undervalued postcode in London’s West End? March 10, 2016