This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Central London Property Prices Rise in June

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


United Kingdom  London  Liam Bailey  London Property Prices  real estate portfolios  WA Ellis 

Central London Property Prices Rise in June

By - Wednesday 06 July 2011

Property values in Central London increased in June by 0.9 per cent, according to the latest figures from Knight Frank. The firm also anticipates further price hikes of up to nine per cent by the end of 2011, up from its initial forecast of three per cent growth.

Since reaching a low point in March 2009, prices in the UK capital's prime market have climbed by 34 per cent, putting them two per cent higher than their previous peak in 2008. Liam Bailey, head of Knight Frank Residential Research, predicted "continued strong conditions" in the sector over the coming months.

"This forecast assumes a slowing in price growth in the second half of the year, driven in part by rising supply and a more competitive environment for vendors," he stated. Meanwhile, WA Ellis noted that its predictions earlier this year of eight to ten per cent rises in property values appear to be coming true.

According to the firm, demand is buoying the market, with both foreign investors and domestic buyers looking to find property in the city. Rising prices are also forcing more people into the rental sector, which could be good news for investors hoping to generate an income from their real estate portfolios.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus