propertytalk Live! - Two-speed prime country house market as London property prices filter out
Prime country house prices fell 1.5% between April and June after a 0.2% decline in the previous three months according to Knight Frank.
The annual decline in prices has now widened to 4.8% from 3.9% between January to March while the price of property worth £5 million or more continues to rise, up 0.8% on the quarter and 3.5% on the year.
Demand from London buyers has created country commuter ‘hotspots’, with prices of prime property in Oxford up by 2.5%, 0.5% in Henley and 0.2% in Guildford.
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