London house prices were down on average 3.8% in the year until March 2019. Kensington and Chelsea saw the biggest falls of 8.3%. Brexit uncertainty seems to be the main contributing factor. An end to how and if the UK is going to leave the EU is likely to have some impact on whether some [...]
While the average asking price for inner London homes is still more than £750K, year on year to December 2018, the number of new properties coming to the market was down 19% according to recent data produced by Rightmove. It seems Brexit uncertainty is still the number one reason for this. Hopefully, 2019 will prove [...]
Recent figures from Office of National Statistics and Land Registry show that overall, London house prices fell 0.3% in the year to September 2018. However these figures should be read in that the main falls are in Central London - with outer London boroughs actually showing a rise. Perhaps a good time to buy? Ever [...]
Finally, some better news for the London house market! After months of lower figures, Rightmove reports that agreed sales for properties over £750K in London is up six per cent from September 2017. The City area/Zone one had the biggest gains in terms of asking prices, which are reported at being up 4.5 per cent [...]
Recent figures from Rightmove state that the average asking price for first time buyer homes in London (two bedrooms or fewer) has fallen to a three year low of £477,421. This is a six percent drop from 2016. Now could be a great time to get your first foot on the property ladder. Is the [...]
The average asking price of London homes is slightly down on 2017 data according to recent Rightmove date. While the number of new properties coming to the London market is up in July 2018 as compared with 12 months earlier, the number of buyers has not increased. While the 'top' end of the London housing [...]
Halifax report that house prices are falling in London at their fastest pace in nearly 10 years. Prices are said to be down 3.2% in the first three months of 2018 when compared to the previous three months. As previously noted, Brexit and changes in stamp duty have been two of the key factors for [...]
While recent information from 'Rics' suggest demand for homes fell for the 11th month in a row, now could be a good time for you to consider using Greenstone Property Solutions Ltd to help find and negotiate even further savings on your next home purchase in London. Our fees are competitive and we take all [...]
Data from Zoopla suggests that the average home sale in London was achieved 4.09% below the original asking price in the year to September 2017. This is a drop from the previous year when the rate was 1.96%. It seems it is still a buyer's market. If you need some help with your property purchase, [...]
London house prices growth year on year to September 2017 is reported at 2.5% - down from 2.7% in August 2017. The London market still showing signs of slowing when compared to national results for the same period, with growth of 5.4% reported.