‘Spring bounce’ puts London asking prices close to record high
There is evidence of a 'spring bounce' in the price of properties in London with a monthly rise in new seller asking prices of 2.5%.
London
London micro-markets continue to buck the trend
London starts the new year again proving it has its own micro-markets where housing demand continues to outstrip supply. New sellers in the capital have had the confidence to increase their month-on-month asking prices by 0.8% (£3,453).
London sellers shut up shop early for Christmas
Buyers in London looking for fresh choice of property may find their options more limited than usual at this time of year, with a 16% drop in the number of new sellers compared to the same period in 2010.
Is this London’s most expensive renovation?
With 60 rooms, including 12 bedrooms, 6 bathrooms and 6 guest rooms, and a price tag of £75million, you’d expect something somewhat spectacular…
London sellers ask record prices for fourth time this year
London’s ability to out-perform the rest of the country and many international markets in spite of the on-going global financial crisis and resultant credit squeeze is further highlighted by property coming to the market at all-time price highs.
Widest ever price gap between the North and South
The Rightmove House Price Index for October 2011 reveals that the average asking price for a property in the UK increased by 2.8% over the past month to leave the average asking price for a UK property now at £239,672.
A day in the life of a London Lettings Agency
It is a fine summery day, as I arrive at W. A. Ellis in Knightsbridge. I am to spend the day watching the lettings department at work.
Shortage of London sellers ahead of the autumn selling season
New sellers have raised their asking prices by an average of 7.2% over the past year, a clear sign of the strength of the market in the capital.