Cluttons has released its quarterly London Residential Market Bulletin for Spring 2018.
The bulletin offers a review of the goings-on in London’s residential market, whilst showcasing the performance of residential rental and capital values within individual submarkets that fall under both Prime Central London and Core Central London.
Highlights from the report include:
- Average prices for a residential property in prime Central London fell to just over £2.9 million at the end of last year; a level not seen since 2013.
- Declining buyer interest and a surplus of supply led to prices contracting across Core Central London submarkets in the final three months of 2017 as well.
Further detail is presented in the report.