London luxury homes represent value for money

London luxury homes in prime locations represent value for money, according to Coutts' London Prime Property Index Q1 2023. The pandemic led to a race for space, with homeowners rushing to snap up properties in areas further out. However, with the peak of the pandemic hopefully behind us, inner central London is regaining popularity, says Katherine O’Shea, real estate investment services director at the private bank. These areas have also had more interest from international buyers, able to benefit from the strength of the dollar. Looking ahead, the number of homes under offer in the first quarter was up 26% compared with the last quarter of 2022 and up 3% compared with the same period last year.

The Times (28/06/2023)