Monthly Briefing: Prime London Market - June 2023

22 June 2023

Bite-sized data with easily digestible charts and graphs to give you a clear overview of how the prime London property market is performing in June 2023.

A few key insights: 

The prime London sales and lettings markets both performed in line with recent trends in May, with many metrics broadly unchanged from the first few months of 2023.

The quiet start to the sales market which marked the beginning of the year has continued into May with average achieved sale prices across prime London 0.6% lower over the month compared to the same time last year.

The top-end of the sales market continues to outperform other sectors, with agreed £5m+ sales in May 13.0% above their 2017-19 average despite an annual fall...

Rental demand remains high while annual rental growth at 8.5% in May is a slight increase on last month.

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