If you’ve had your house on the market for some time, it can be very frustrating to not know why it isn’t selling. It has often been the belief that a property will sell itself, but this simply isn’t the case, to give you some guidance, we thought we’d list five reasons that might effect […]
Tag: Chelsea Property
The London borough of Merton has seen the biggest price rise in London over the past year. The borough, located in South West London and including Wimbledon and Mitcham has seen an overall price rise of 9.8% from December 2016 to December 2017. The average price of a house in the area is now £534,000. […]
24 Feb General Election; how will this affect the property market & what are its prospects post election?
Theresa May’s decision to call an election on June 9th caught the financial and property markets by surprise. Markets generally hate uncertainty and the property market is no different. Until the election we predict some discretionary sellers may hold off putting their properties on the market until after the election. Stock is already at record […]
At Walton Estates we pride ourselves on our customer service and the level of detail we provide to our vendors and buyers. Buying a home can be a minefield if you do not know what questions you should ask before placing an offer. While we all think we know the basic questions to ask, clients […]
In the wake of Trump’s inauguration, property experts have predicted that Trump’s presidency could actually lead to an upturn in American investors purchasing Prime Central London real estate. Many Prime Central London agents, including ourselves, have seen a rise in the number of American visitors browsing property websites. A spokesperson for the London Central Portfolio […]
This time last year no one in the UK could have possibly guessed the outcome of the Brexit referendum. With Brexit looming, many property buyers and sellers held off and waited in anticipation of the result. After the shock of the referendum, it was expected that the London property market would take a particularly hard […]
Anderson Street, Chelsea Local Authority – Kensington and Chelsea Our property of the month of February is in Anderson Street. A charming and unique 4 bed town-house situated in the heart of Chelsea. Recently renovated, this grade II listed property now boasts a superb entertaining space with a first-floor double reception and ground floor kitchen […]
The average asking price of a property in London has increased by more than £30,000 since the start of 2013, according to figures from property website Rightmove, and is now comfortably through the half-a-million pound mark, at £515,243. It sounds a lot, but in some parts of the capital it is small change.
24 Feb London and Monaco markets
There was a time in the not-so-distant past that the real estate property markets in Monaco and London were vastly different. Times change, and so does the real estate market. Today, the prime real estate markets in central London and Monaco look much more like twins, both with similar features, trends and buyer profiles, and they represent Europe’s leading locations for luxury property.
According to research published today by global property advisor Savills, “prime central London is looking more fully valued than other prime markets” and is expected to grow by a total of 22.7% in the next five years. By contrast, property in the London suburbs is expected to see a 26.3% rise in value between 2014 and 2018. “The gap between prime central London and its prime commuter markets has probably peaked and wealth has finally begun to flow out of the capital,” explains Savills’ analyst Sophie Chick. “We have already seen the predominantly domestic markets of outer prime London outperforming prime central London over the past year. We expect 2014 to be the year of the super suburbs.”