UK News
11.8% rise in prime London apartment prices
Despite London’s prime market falling behind the rest of the nation in home price growth, a return to normalcy after the pandemic has resulted in an 11.8% yearly increase in the price paid for apartments on the prime market. Benham & Reeves, a London lettings and estate company, analyzed London’s prime market by examining the average price paid for flats and mansions in London’s most exclusive neighborhoods and their performance over the last year. Last year, the average price paid for a home in prime London declined by -5.2% to slightly over £3.343 million. This indicates that people in the
March 11, 2024
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