Prime London Locations Break Property Price Records
The London property market is going from strength to strength according to recent studies by leading property experts. In the last month alone prime London locations have witnessed property price increases of 2.4%, bringing its average property values up to £2.2 million – a new record!
Even with the number of properties for sale rising by 63% over the last year and 8%last month, foreign and UK property investors alike are becoming increasingly interested in the affordability these growing property investments present.
Plus supported by low interest rates and weak stirling values, now more than ever property investors are looking to climb onto the property ladder and invest in property…
Other prime London locations to experience property price increases include:
- Prime Platinum (the top 10% of the market by value) have risen by £1 million to £3.2 million
- Kensington and Chelsea saw property price growths of 3% this month
- Prime property values for London as a whole are now on average worth £1.1 million and £1.6 million for Prime Platinum
Reviewing these figures it is easy to see why property investors with cash to invest are now jumping onto the property market and investing like never before.
With property owners proving too slow to react to new property supplies, there are plenty of property investments for investors to take advantage of…
Related posts:
- London Commercial Property Ranks #1
- London Property Now 10% Off Their Peak 2008 Prices
- Top Ten Property Price Gains – REVEALED!
- Top 4 Property Locations Abroad
- Celebs pushing up value of property in London
Tags: invest in property, London property market, property investment, property investors, property ladder, property market, property owners, property prices
Leave a Reply