Hampstead leads London prime property sales

In the current prime London property market, homes are being sold rapidly, particularly in Hampstead, where properties took an average of just 79 days to sell. This is in stark contrast to Bayswater, where homes lingered for 191 days. Notably, Hampstead saw significant price reductions, averaging £305,220 or 11.3%, which has driven quicker sales. Meanwhile, Fulham emerged as the second fastest-selling area, with homes selling in 87 days and experiencing smaller price cuts of 7.5%. The data suggests that buyers can find better value by considering nearby areas, as prime properties can be hundreds of pounds cheaper per square foot. 

The Standard