Not the best time for prime property

11th September 2015

A new report claims that property prices across London’s prime markets have climbed 1..7% since August last year, a rate representing the slowest pace of change since 2009. The firm’s prime central London sales index suggests that a usual summer slowdown in the market has been magnified by changes to stamp duty and economic uncertainty in China. Across the capital’s most expensive neighbourhoods, prices in Notting Hill have fallen by 4.6% over the past 12 months, while Knightsbridge sees values down by 2.4%.. In contrast, City of London prices climbed 7.1% and values jumped 6.5% in Islington.

The Guardian (07/09/2015)