{"id":6159,"date":"2024-04-10T15:59:00","date_gmt":"2024-04-10T15:59:00","guid":{"rendered":"https:\/\/lonres.com\/public\/?p=6159"},"modified":"2025-01-29T15:05:45","modified_gmt":"2025-01-29T15:05:45","slug":"prime-london-market-update-spring-2024","status":"publish","type":"post","link":"https:\/\/lonres.com\/public\/prime-london-market-update-spring-2024\/","title":{"rendered":"Prime London Market Update &#8211; Spring 2024"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6159\" class=\"elementor elementor-6159\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f332fa8 main-header e-flex e-con-boxed e-con e-parent\" data-id=\"f332fa8\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-db71be6 e-con-full e-flex e-con e-child\" data-id=\"db71be6\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a9ccaf5 elementor-widget elementor-widget-Breadcrumb\" data-id=\"a9ccaf5\" data-element_type=\"widget\" data-widget_type=\"Breadcrumb.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"breadcrumb-wrap\"><ul id=\"breadcrumbs\" class=\"breadcrumb breadcrumb-navigation\"><li class=\"item-home\"><a class=\"bread-link bread-home\" href=\"https:\/\/lonres.com\/public\/\" title=\"Home\"><span class=\"bread-desktop\">Home<\/span><span class=\"bread-mobile\">...<\/span><\/a><\/li><li class=\"separator separator-home\"> \/ <\/li><\/ul><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2cac53 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"c2cac53\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Prime London Market Update - Spring 2024\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-738f603 e-con-full e-flex e-con e-child\" data-id=\"738f603\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-3ccdfcb e-con-full e-flex e-con e-child\" data-id=\"3ccdfcb\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6878923 elementor-widget-mobile__width-initial elementor-align-left elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"6878923\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"primary elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/infogram.com\/prime-london-market-report-spring-2024-lonres-1h7v4pdnqm5184k?live\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">download<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ccd85ac elementor-widget elementor-widget-spacer\" data-id=\"ccd85ac\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8369a99 elementor-widget elementor-widget-Post Date\" data-id=\"8369a99\" data-element_type=\"widget\" data-widget_type=\"Post Date.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"meta-info\">\n\t\t\t\t\t\t\t\t\t<a title=\"Insights &amp; 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color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">Report highlights<\/span><\/h2><p>Your quarterly update on the very latest property market movements in prime London for Spring 2024.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2b09bbb e-flex e-con-boxed e-con e-parent\" data-id=\"2b09bbb\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a751212 elementor-widget elementor-widget-text-editor\" data-id=\"a751212\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Sales market<\/h3><ul><li>Over the past decade houses have always attracted a premium over flats across prime London on a \u00a3 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%.<br \/><div class=\"infogram-embed\" data-id=\"825e76a5-88b6-4f31-86cd-a3aa7ba2dc2f\" data-type=\"interactive\" data-title=\"Copy: PLMB FEB Website lettings graph\">\u00a0<\/div><p><script>!function(e,n,i,s){var d=\"InfogramEmbeds\";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,\"script\",\"infogram-async\",\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\");<\/script><\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6e75a8b e-flex e-con-boxed e-con e-parent\" data-id=\"6e75a8b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f615b11 elementor-widget elementor-widget-text-editor\" data-id=\"f615b11\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Lettings market<\/h3><ul><li>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.<br \/><div class=\"infogram-embed\" data-id=\"ab63a71f-6aa8-44cf-8d49-09921a0bda7e\" data-type=\"interactive\" data-title=\"Copy: PLMU Spring Website sale graph\">\u00a0<\/div><p><script>!function(e,n,i,s){var d=\"InfogramEmbeds\";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,\"script\",\"infogram-async\",\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\");<\/script><\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-952095f e-flex e-con-boxed e-con e-parent\" data-id=\"952095f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-6a26109 e-flex e-con-boxed e-con e-child\" data-id=\"6a26109\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-87173f2 elementor-widget elementor-widget-text-editor\" data-id=\"87173f2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><span style=\"color: #ffffff;\">Download the full report<\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ab4e25 elementor-widget elementor-widget-spacer\" data-id=\"4ab4e25\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53f09a9 elementor-widget-mobile__width-initial elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"53f09a9\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"primary elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/infogram.com\/prime-london-market-report-spring-2024-lonres-1h7v4pdnqm5184k?live\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">download<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fa209c5 e-flex e-con-boxed e-con e-parent\" data-id=\"fa209c5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-8239372 e-flex e-con-boxed e-con e-child\" data-id=\"8239372\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-20cc605 elementor-widget elementor-widget-heading\" data-id=\"20cc605\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Related Content<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-36ada00 elementor-widget elementor-widget-Related Resources\" data-id=\"36ada00\" data-element_type=\"widget\" data-widget_type=\"Related Resources.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"related-content-wrap\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"col-lg-4 col-md-6\">\n\t\t\t\t\t\t\t\t<div class=\"blog-thumb-box\">\n\t\t\t\t\t\t\t\t\t<div class=\"thumb-img\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/lonres.com\/public\/property-movers-shakers-march-2026\/\">\n\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/lonres.com\/public\/wp-content\/uploads\/2026\/04\/Movers-and-Shakers-meta-image-photoshop-copy-march.png\" alt=\"Movers &amp; 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May 2024<\/a><\/p>\n\t\t\t\t\t\t\t\t\t\t<div class=\"meta-info\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"date\">Insights &amp; Data Reports<\/span> <span class=\"divider\">|<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"date\">11 May 2024<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Your quarterly update on the very latest property market movements in prime London for Spring 2024.<\/p>\n","protected":false},"author":14,"featured_media":6160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[41],"tags":[68,62,61,72],"class_list":["post-6159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insight-and-data-reports","tag-estate-agents","tag-london-property-market","tag-london-residential-market","tag-pcl-housing-market","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/posts\/6159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/comments?post=6159"}],"version-history":[{"count":7,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/posts\/6159\/revisions"}],"predecessor-version":[{"id":7620,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/posts\/6159\/revisions\/7620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/media\/6160"}],"wp:attachment":[{"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/media?parent=6159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/categories?post=6159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/tags?post=6159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}