LonRes Research: Prime London Market Update: Spring 2023 LonRes Research: Prime London Market Update: Spring 2023



Your quarterly update on the very latest property market movements in prime London.

Scroll down to see some market highlights, or delve into your latest report right now by filling out the form below:
  • Sales market

    Activity in the £5m+ market fell by 32% in Q1 compared to a year earlier, back in line with 2019 levels.
  • Sales Market continued...

    The number of £5m+ properties going under offer increased by 20% in the Q1. Sales at the top end of the market are set to increase again in Q2.

  • Lettings market

    Prime central London saw a small quarterly fall in rental values of 0.6% in Q1, following strong growth in Q4 2022.

  • Lettings market continued...

    Strong annual rental growth in all local markets across prime London in Q1. Many neighbourhoods recorded rises of over 10%.

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