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Battersea Power Station Launch
28th Jan 2013Long awaited, the Battersea Power station launch was finally received by the London market in early January. The response and interest in the marketing suite was evident. The attraction of the central location, iconic image of Battersea Power station and a northern line tube connecting residents into the city fuelled sales. It is of course early days but the neighbouring Chelsea Bridge Wharf development has also f ...
Read MoreBullish vendors succeed in early 2013
25th Jan 2013In the days of a “full fat” market (2004-2007 for example), when a house sold on a certain street, for say £1m, the very next house (of similar proportions and aspect etc) came for sale, it would automatically come to the market for a higher price, of say £1.05 for example – progressive pricing. The buyers who missed out on the first opportunity simply paid more for the second. ...
Read MorePrime Residential Market Summary 2012
21st Dec 2012In the most basic terms the Prime London Market in 2012 could be described as “patchy but with strong prices”. We can’t think of any other way of describing the activity we have seen recently. In Notting Hill within the last four weeks a three bedroom basement flat with a reasonable size garden has not received a single viewing from any prospective buyers. At exactly the same ti ...
Read MorePrime letting market flooded with supply
12th Dec 2012Prime Central London letting agents have been dropping prices over the past months to get properties let as their books in many cases have 40-50% more properties than the same time last year. Typically the reason for this is that vendors, as in 08/09, can not achieve the sales figures that they aspire too and hence decide to let. Buyers who have seen prices rise quite considerably over the last few years in Pr ...
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