Tuesday 2 August 2011

Prime numbers | Blog

Prime numbers | Blog

The rise and rise (and rise) of the central London property market continues apace, seemingly disconnected from the rest of the economy and the rest of the country.

Research released by Knight Frank yesterday found that prices in the prime central London market are up 9.6% over the last 12 months and are now 35% higher than their post-credit crunch low point in March 2009.

Prime central London rents, which had slumped in the wake of the credit crunch, are now 15% up on a year ago and are 1% higher than their previous peak in March 2008.

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