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Average prices in prime central London market reached a new high in 2016

Average prices in the prime central London property market reached a new high of £1,818,262 in 2016 with the market rallying in the final quarter of the year, a new analysis suggests. Indeed, in the final three months of the year prices in this sector increased 14% quarter on quarter and overall the year ended […] The post Average prices in prime central London market reached a new high in 2016 appeared first on PropertyWire . Continue reading

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House price growth increased across the UK in first weeks of 2017

Average house prices in the UK increased by 6.2% in the 12 months to January 2017, up from 5.7% in the year to December 2016, according to the latest official figures to be published. The average UK house price was £218,000 in January, some £13,000 higher than in January 2016 and £1,000 higher than December […] The post House price growth increased across the UK in first weeks of 2017 appeared first on PropertyWire . Continue reading

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Signs of recovery in prime central London property market

There are signs of renewed activity in the prime central London residential property market, particularly at the upper end of the price scale, it is suggested. So far in the first quarter of 2017 pent-up demand, the effects of sterling’s fall and more realistic asking prices have combined to trigger a rise in sales, according […] The post Signs of recovery in prime central London property market appeared first on PropertyWire . Continue reading

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