2024-05-10-莱坊-Prime_London_Map_March_2024_1页_580kb

Summary of Prime London Price and Rental Growth (March 2024)

Overview

• Prime Central London: Sales decreased by 0.4% over the previous three months, while rents increased by 0.4%.
• Prime Outer London: Sales rose by 0.2%, and rents increased by 0.2%.

Prime Central London Details

• Overall decline in sales suggests a slight market pause, while rent increases indicate strong demand.
• Sub-regional sales changes: Mixed trends observed, with areas like Aldgate (-1.3% sales) and Hyde Park (-1.0% sales) showing decreases, while Belgravia (+0.4% sales) had modest increases.
• Rents: Areas such as Chelsea (-0.3% rents) and Knightsbridge (-0.7% rents) saw decreases, but others, like Notting Hill (+1.0% rents), experienced gains.

Prime Outer London Details

• Steady growth in both sales and rents, suggesting stable or improving affordability.
• Sub-regional sales: Dulwich (+0.8% sales) and Richmond (+1.1% sales) showed positive increases, contrasting with Queens Park (+2.7% sales).
• Rents: Fulham (-0.7% rents) saw a decrease, whereas Wandsworth (+1.8% rents) had a significant rise.

The overall trends indicate varying resilience across London sub-regions, with central areas facing more volatility while outer areas saw moderate growth.