Prime London Market Update - Autumn 2024

Insights & Data Reports | 30 Oct 2024
Image Shapae
Image Shapae

Report highlights

In addition to the usual detailed analysis of the sales and lettings markets, this edition includes an exclusive segment on ‘Neighbourhood Numbers’, highlighting key trends at a local level and offering a closer look at the latest prime London data.
 

Sales Market

  • New sales instructions increased by 8.9% on an annual basis in Q3, so in this context the sales growth appears low. But it takes time for deals to proceed to exchange.
 

Lettings Market

  • The latest LonRes Prime London Rental Index recorded a quarterly fall of -1.1%, although this translated into annual growth increasing to 3.3% due to last year’s price movements.
 

Download the full report here

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