LonRes Research: Prime London Market Update: Winter 2023/24 LonRes Research: Prime London Market Update: Winter 2023/24



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

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  • Sales market

    There were 4.0% more new instructions in Q4 2023 in comparison to the longer-term final quarter trend.
  • Sales Market continued...

    The £5m+ price point remains the most active part of the market...

  • Lettings market

    Average yields across prime London were 4.37% in Q4 - significantly up on the low of 3.28% recorded in 2020.

  • Lettings market continued...

    New instructions across prime London grew by 13.0% in Q4 2023, compared to Q4 2022.

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