Image Shapae
Image Shapae
Report highlights
Your quarterly update on the very latest property market movements in prime London for Spring 2024.
Sales market
- Over the past decade houses have always attracted a premium over flats across prime London on a £ per sq ft basis, but by the end of 2017 this was down to 1.1%. By Q1 2020 it had grown to stand at 7.0%.
Lettings market
- Broken down by property type, rents in Q1 2024 for all types are around 25-30% above their Q4 2019 level. But they have reached this point via different trajectories. Rental values for houses barely fell in 2020, and have climbed steadily since to reach +29.9% relative to Q4 2019.
