Bayswater and Maida Vale are driving positive prime London house price growth, according to newly released market analysis.
Related topic: House Prices
Scotland recorded the highest level of house price growth in the year to June.
Newly released data from Jackson-Stops has revealed that the average price premium for a UK waterside home fell to 2% in 2023 from 7% the previous year.
The price of a typical home in the UK edged up by +0.8% in July, following three months of little movement, according to the latest data from Halifax.
Kensington and Chelsea is the London borough home to the highest proportion of homes currently for sale that have reduced prices.
Despite the growth, prices are still around 2.8% below the record highs recorded in the summer of 2022.
The price of prime property in London increased by 3.4% in the last quarter, according to the latest findings from Coutts’ London Prime Property Index.
Average asking prices of over £1.5m have propelled the much sought-after coastal location beyond the reach of most house hunters.
The desire for a waterfront property isn’t limited to the seaside, according to the latest analysis from Yopa.
Zoopla's latest data reveals that housing supply is up by 16% with buyers continuing to pay close to asking prices.
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