PRIME LONDON MARKET UPDATE
AUTUMN EDITION 2024
Your quarterly update on the very latest property market movements in prime London.
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Sales marketThere were 12.7% more homes for sale at the end of September than a year earlier. -
Sales Market continued...
Relative to the 2017-2019 Q3 average, new £5m+ instructions were up 86.5%.
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Lettings market
There were 8.9% more homes on the rental market across prime London at the end of September than a year earlier.
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Lettings market continued...
The average yield across Prime London in Q3 was 4.56%, well above 2014-2020 levels when they averaged around 3.5%.
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