House prices in prime London

13 October 2020

Evening Standard

Central London is starting to see the green shoots of property market recovery, with more deals agreed and more homes coming up for sale compared to last year, according to new research published today.

Meanwhile, agents across the rest of the capital report a busy market with buyers scrambling to grab homes with gardens, as the threat of another Covid-19 lockdown looms.

Property analyst LonRes reports that new instructions in prime London almost doubled year on year. The number of properties going under offer last month was up 21 per cent on September last year. Prices are still slipping slightly, however — down 1.6 per cent during the same period.

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