{"id":9243,"date":"2025-05-27T10:13:40","date_gmt":"2025-05-27T10:13:40","guid":{"rendered":"https:\/\/lonres.com\/public\/?p=9243"},"modified":"2025-05-30T10:37:26","modified_gmt":"2025-05-30T10:37:26","slug":"monthly-briefing-prime-london-market-may-2025","status":"publish","type":"post","link":"https:\/\/lonres.com\/public\/monthly-briefing-prime-london-market-may-2025\/","title":{"rendered":"Monthly Briefing: Prime London Market &#8211; May 2025"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9243\" class=\"elementor elementor-9243\" 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\" 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block;\n\t\t\t\t\t}\n\t\t\t\t}\n\t\t\t\t\n\t\t\t<\/style>\n\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-063dec2 e-flex e-con-boxed e-con e-parent\" data-id=\"063dec2\" 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-de0c041 elementor-widget elementor-widget-spacer\" data-id=\"de0c041\" 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\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5a123e6 e-flex e-con-boxed e-con e-parent\" data-id=\"5a123e6\" 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-7853573 elementor-widget elementor-widget-text-editor\" data-id=\"7853573\" 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<h2>Report highlights\u00a0<\/h2><div class=\"__ig-alignCenter\" data-block=\"true\" data-editor=\"5d0mj\" data-offset-key=\"h00g-0-0\"><div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\" data-offset-key=\"h00g-0-0\"><span data-offset-key=\"h00g-0-0\">Prime London sales fall back as stamp duty holiday comes to an end. <\/span>Meanwhile in the prime London lettings market both the number of new instructions and lets agreed fall.<\/div><\/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-66719e6 e-flex e-con-boxed e-con e-parent\" data-id=\"66719e6\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2587db1 e-flex e-con-boxed e-con e-parent\" data-id=\"2587db1\" 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\t\t<div class=\"elementor-element elementor-element-9efded4 elementor-widget elementor-widget-text-editor\" data-id=\"9efded4\" 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>Prices fell slightly on an annual basis, while new instructions and price reductions continued to rise.<\/li><li>New instructions increased in April, up 8.1% compared to the same month last year and 29.2% compared to the 2017-2019 April average.<\/li><\/ul><div class=\"infogram-embed\" data-id=\"7d908797-e2ee-411b-803b-68fa35ad9b92\" data-type=\"interactive\" data-title=\"PLMB May Sales Charts for website\">\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>\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-5aaffe6 e-flex e-con-boxed e-con e-parent\" data-id=\"5aaffe6\" 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\t\t<div class=\"elementor-element elementor-element-d32f231 elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-spacer\" data-id=\"d32f231\" 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\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-878b9da e-flex e-con-boxed e-con e-parent\" data-id=\"878b9da\" 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\t\t<div class=\"elementor-element elementor-element-46af72f elementor-widget elementor-widget-text-editor\" data-id=\"46af72f\" 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><div><ul><li>Rents across prime London are now 33.9% above their 2017-2019 (pre-pandemic) average.<\/li><li>Broken down by price band, availability at higher rental values remains much closer to past levels.<\/li><\/ul><div class=\"infogram-embed\" data-id=\"b8eea94f-bb78-467e-be56-032e188256ea\" data-type=\"interactive\" data-title=\"PLMB December Lettings Charts for website\">\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><\/div>\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-9672268 elementor-widget elementor-widget-spacer\" data-id=\"9672268\" 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 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style=\"text-align: center;\"><span style=\"color: #4e5467;\">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\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-859f8fe elementor-widget elementor-widget-spacer\" data-id=\"859f8fe\" 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<div class=\"elementor-element elementor-element-b013fc6 e-con-full e-flex e-con e-child\" data-id=\"b013fc6\" data-element_type=\"container\" id=\"reportform\">\n\t\t\t\t<div class=\"elementor-element elementor-element-20e2fb1 common-forms elementor-widget elementor-widget-hubspot-form\" data-id=\"20e2fb1\" data-element_type=\"widget\" data-widget_type=\"hubspot-form.default\">\n\t\t\t\t<div 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class=\"thumb-img\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/lonres.com\/public\/monthly-briefing-prime-london-market-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\/03\/public-site-headline-image.png\" alt=\"Orange brick terraced houses in Mayfair\" title=\"public site headline image\" \/>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"thumb-desc\">\n\t\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/lonres.com\/public\/monthly-briefing-prime-london-market-march-2026\/\">Monthly Briefing: Prime London Market &#8211; March 2026<\/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\">23 Mar 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London\" \/>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"thumb-desc\">\n\t\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/lonres.com\/public\/monthly-briefing-prime-london-market-march-2024\/\">Monthly Briefing: Prime London Market &#8211; March 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\">10 Mar 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\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-february-2024\/\">\n\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/lonres.com\/public\/wp-content\/uploads\/2025\/08\/Feb-2024-.png\" alt=\"\" title=\"Feb 2024\" \/>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"thumb-desc\">\n\t\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/lonres.com\/public\/property-movers-shakers-february-2024\/\">Property Movers &amp; Shakers February 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\">Movers &amp; Shakers<\/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 Mar 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\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\/prime-london-market-update-spring-2024\/\">\n\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/lonres.com\/public\/wp-content\/uploads\/2024\/12\/Spring.png\" alt=\"\" title=\"Spring\" \/>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"thumb-desc\">\n\t\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/lonres.com\/public\/prime-london-market-update-spring-2024\/\">Prime London Market Update &#8211; Spring 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\">10 Apr 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\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-april-2024\/\">\n\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/lonres.com\/public\/wp-content\/uploads\/2025\/08\/Apr-2024-.png\" alt=\"\" title=\"Apr 2024\" \/>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"thumb-desc\">\n\t\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/lonres.com\/public\/property-movers-shakers-april-2024\/\">Property Movers &amp; Shakers April 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\">Movers &amp; Shakers<\/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\">01 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>Last month saw a flurry of activity across the prime London sales market, with a rise in instruction levels and a rebound for \u00a35m+ properties. Plus, another month of rental growth over in the lettings market. <\/p>\n","protected":false},"author":16,"featured_media":9245,"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":[68,163,62,61,187,72,48],"class_list":["post-9243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insight-and-data-reports","tag-estate-agents","tag-industry-shifts","tag-london-property-market","tag-london-residential-market","tag-may","tag-pcl-housing-market","tag-report","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/posts\/9243","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\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/comments?post=9243"}],"version-history":[{"count":18,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/posts\/9243\/revisions"}],"predecessor-version":[{"id":9478,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/posts\/9243\/revisions\/9478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/media\/9245"}],"wp:attachment":[{"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/media?parent=9243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/categories?post=9243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonres.com\/public\/wp-json\/wp\/v2\/tags?post=9243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}