OB Private opens new office in Notting Hill: Expansion marks 'new era' for luxury property, travel & lifestyle brand. dlvr.it/TH6v7P

Once again, we’re showcasing some of the largest sales recorded on LonRes over the course of 2024—this week, a sprawling mansion in St John’s Wood from Q3: Postcode: NW8 Agency: Savills Asking Price: £35,000,000

To round off 2024, we are sharing one of the largest sales which occurred in Q4 last year, a wonderful Grade II listed townhouse. Postcode: W1 Agency: Sotheby's International Realty and Lanesborough Advisory Asking Price: £22,500,000

Thanks for the mention Property Insider by Mark Hempshell. An excerpt from our Head of Research, Nick Gregori "For the full year, sales volumes increased by around 5% compared to 2023 and new instructions rose by approximately twice that over the same period."

Thanks for the mention Drivers & Norris | Voted best UK Agent by Cartus!

American buyers now account for 25% of London’s £15m+ property purchases, up from 18% in 2023, according to Beauchamp Estates analysis using LonRes data. Great to see our platform shaping insights into market trends! Read more via The Times and The Sunday Times: thetimes.com/article/5fbf4e…

A chart that neatly sums up the fortunes of the prime London sales market in 2024.  A rise in new instructions, under offers and price reductions too.  All the detail and much more in our latest Market Update: shorturl.at/18p4S #LondonProperty #PrimeLondon #data #insights

LonRes analysis of London’s prime housing market shows that the average discount to asking price across prime London was 8.3% in 2024, a slight increase on 2023.  While the average time on the market also saw a small rise, from 167 days in 2023 to 169 in 2024.

In 2024 the £5m+ market slowed. A reversal of the two years prior when this market had been the most active.  2024 sales volumes were 4.1% down on 2023.  But new instructions were up 25.2% on an annual basis.  Here’s the chart that tells the story. info.lonres.com/PublicPrimeLon…

LonRes is celebrating its 25th anniversary this year, this is how #house prices across prices across prime central #London and Greater London have fared against the wider #UK market over that time. #propertydata #property #primeproperty

LonRes is 25 this year.  Back in 2000, sales of properties over £5m made up less than 1% of the prime central London market.  Last year it was 15%.

Stat of the day from LonRes Rents in the 'prime' London locations have risen by 5% over the past 12 months and now stand at 32.5% above their 2017-2019 pre-pandemic average. This follows yesterday's Office for National Statistics (ONS) data for the whole of London showing an annual increase of 11%

📣 NW3 LonRes Spotlight 📣 🏡Sale of the Week – 7-bed house, with asking price of £8.75 - Savills & Aston Chase 🏡Let of the Week – 6-bed house, let with asking rent of £20k/week - Aston Chase Congrats to the agents! 🎉 #LonRes #RealEstate #NW3 #SalesAndLettings #LuxuryLiving

Constrained supply may causing higher rents in the prime London lettings market say LonRes lettingagenttoday.co.uk/breaking-news/…

How much is 1 sq ft worth in your area? 🏡 The Times and The Sunday Times explores why price per square foot is a key metric for buyers, developers & investors. Featuring insights from LonRes MD Anthony Payne & Head of Research Nick Gregori. 📖 Read more: thetimes.com/life-style/pro…

Stat of the day from LonRes The number of sales in prime London areas in March was 29.9% higher than a year earlier - and 32.4% higher than pre-pandemic (2017-2019). A home that's been for sale for 6-12 months is typically selling for 9.7% below its asking price

How much impact do borrowing costs have on central London buyers? There might be the perception that everyone buying in prime central London are all cash buyers, but the reality is there is still large amounts of borrowing as well. #InterestRates #PrimeLondonProperty

Strong property sales figures in March a 'oneoff' as stamp duty deadline approached say LonRes propertyindustryeye.com/strong-propert…

Transactions over the past two months were up 5.7% compared to March and April 2024, and 8.9% above the 2017-2019 (pre-pandemic) avg for the same two months. Under offer numbers have slipped on an annual basis over the past two months but are 14.1% above their 2017-2019 avg.

LonRes Sale of the Week Area: W9 Asking Price: £17,500,000 Agent: Ian & Cody Green from Ian Green Residential + Declan Selbo from Knight Frank Area Data : The annual change in achieved price for Q1 is up 4.4% when compared with the same period last year for W2 and W9.