London property prices
London property prices: residential & commercial
The London property market has escalated to new heights of ridiculousness, as new research reveals that residential rent in the capital is twice as expensive as in the rest of the UK.
As garages go, it’s not the prettiest. A shabby set of double doors at the front, a flimsy-looking roof and some peeling white paint on the sides.
Had hopes to buy a home at Battersea Power Station? Over 200 people have beaten you to it.
Last year, a whopping one in four London homes was sold for at least £500,000, according to new data released by Nationwide.
Could the London property bubble be showing its first signs of deflating? Estate agent Savills is forecasting the first price crop in prime central London property in more than half a decade.
Home-sellers in London are receiving 99.3% of their asking price on average, according to new research from Hometrack.
The average asking price of a home in London now stands at £552,530, an all-time high, according to Rightmove’s data.
Did somebody say bubble? The asking price for an average London home has shot up to £541,313, up 11.2% over the past year, according to data from Rightmove.
There have been endless conflicting reports over this one, as we know you know, but EY (formerly Ernst & Young) is now saying it believes the London property market is showing “bubble-like conditions”.
UK house prices are growing at their fastest rate in almost seven years, according to property company Rightmove, but those in London are starting to level out after a few years of explosive growth.
House prices across England and Wales could increase by up to 8% next year, property website Rightmove is forecasting.
Well it’s the first time we’ve written a story like this is in quite some time – asking prices for London houses dropped by 5% in November, according to Rightmove.
In case you hadn’t noticed, London house prices are having a bit of a moment.
London needs 50,000 new homes a year– the equivalent of 18 Olympic Villages – or the capital’s economy and businesses will suffer, according to a new report.
Chancellor George Osborne has refused to deny that he will introduce a capital gains tax on the sale of second homes owned by overseas investors.
Bubble? What bubble? Yes, we know that all the London house prices news seems to contradict itself every other day, but its Friday, so let’s focus on the good news – “good news” if, that is, you’re a London property owner.
London house prices leapt up by a whopping 10.2% in October alone, increasing the average London house price by more than £50,000, to £544,232.
Five in six London homes bought in 2017-18 will incur the 3% Stamp Duty rate by 2017/18 – or even higher rates.
Ouch – data out today shows that almost two thirds of London house sales are subject to the higher-rate stamp duty of 3%. The higher rate kicks in on houses valued at £250,000 or more, meaning a tax of at least £7,500.
The mind-boggling reality of London property prices
If we have been in a frenzy about ever-rising London property prices and the insatiable thirst from foreign buyers for London luxury abodes, we apologise.
London house prices have seen their biggest New Year surge since 2008, according to a survey released today by real estate agents Rightmove.
Do property experts and businesses agree ?
Chancellor George Osborne came under pressure from Tory MPs again today to raise the highest rate of council tax.
There is seemingly no end in sight for rising London property prices as UK estate agent’s Savills forecast they will rise a further 25% in the next five years.
Luxury London property price rise in September with a year on year increase of 10%
Rental rates in Greater London have soared much faster than the rest of the country over the last year to reach record levels, according to research.
UK house prices have fallen for the first time in seven months as the London market begins to slow down, research has shown.
Average house prices in London have smashed through the £400,000 mark in the last year with some boroughs recording their highest ever values, a report has shown.
London’s housing market showed signs of slowing down in June despite being the only UK region to report rising prices, according to a survey.
London is the only region in the country where house prices have risen ahead of the rate of inflation since 2007, according to a new study.
Property prices in some central London boroughs have increased by more than 40 per cent over the past five years, according to a survey.
House sales in London have dropped by more than 40 per cent in the last five years, according to the Royal Institution of Chartered Surveyors (Rics).
London property is worth a whopping £1 trillion in total, according to new research by Primelocation.com. But it’s pipped to the title of richest region by the South East, where property stacks up to some £1.6 trillion.
The price of luxury central London properties could plummet if the eurozone breaks up and the safe haven appeal of sterling diminishes, according to a report.
A supply and demand imbalance helped London’s housing market outperform the rest of the country during May, a study has shown.
London-based estate agents were among those to benefit from a rush of first-time buyers trying to beat the end of a stamp duty holiday.
London’s property market can ride high on the feelgood factor generated by the Olympics and defy gloomy forecasts, it has been claimed.
Property prices in Shepherd’s Bush went up dramatically last year as Westfield shopping centre had a positive influence on the west London area, a survey has shown.
House prices in London fell over the first quarter of 2012 as the first-time buyer stamp duty holiday concession came to an end, according to a study.
George Osborne’s decision to apply a seven per cent stamp duty charge to homes worth more than £2m in the Budget has been criticised by a number of London-based estate agents.
The O Factor is driving the rents of London properties to Mars, here’s our pick of some of the most luxurious around…
London property prices soared to within touching distance of their all-time high in February as demand from cash-rich buyers outstripped supply, a survey has shown.
First-time buyers in the capital are faced with soaring house prices as they look to complete deals on properties before the end of the stamp-duty holiday on March 24, according to a report.
Job losses and cutbacks in the City of London have caused residential rents in London to fall in January compared to the previous month, according to research.
Greater London was the only region of England where house prices increased in December, according to a survey.
Prime central London residential property prices continued to increase in January, but homes in the City and City fringe areas also experienced growth, according to figures.
The average house price in the capital is now more than £345,000, the rise significantly bucking UK trend
London continues to buck the national trend of falling house prices thanks to the Olympic Games and its reputation as a “safe haven” among overseas buyers, according to a study.
Rental rates in central London are finally beginning to drop after buy-to-let investors enjoyed a period of substantial growth, according to a property consultant.
Super-rich property owners are costing the government billions in lost tax revenue
London rental rates fell in December but buy-to-let investors can look back on 2011 as a year when rents soared, a survey has revealed.
House prices in the City of London went through the roof last year as City workers splurged and foreign buyers snapped up London property.
A survey by Nationwide has revealed that London house prices rose by 5.4 per cent this year - the highest of any UK region.
Campden Hill Square boasts London’s priciest houses
Greek investors seeking a safe haven from the debt crisis are increasingly looking to buy up property in London, according to estate agents.
Job cuts and falling bonuses in the City could cause house prices to drop in London, according to a report.