Average UK house prices rose just 0.2% in February, whilst prime central London property prices went up by 0.9% to take the annual increase to 8.4%, according to Knight Frank’s latest Market Update.
Prices in prime central London continued to climb in February, rising by 0.9% on the month. This takes the annual rise to 8.4%, up from 8.1%. As revealed in Knight Frank’s Wealth Report, London’s price performance last year placed it in 16th place in a league of 80 global luxury property destinations around the world. For more details, visit the Wealth Report.