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London property boom continues
2 pages
Publié par
smithjohnson34
London property boom continues
Whether you are looking for a Property for sale in Kensington or a property for sale
in South Kensington, the outcome is likely to be the same; there are very few property
bargains available.
Many of the...
[Plus]
London property boom continues
Whether you are looking for a Property for sale in Kensington or a property for sale
in South Kensington, the outcome is likely to be the same; there are very few property
bargains available.
Many of the homes in these areas are subject to sealed bids, as London’s property market
continues to boom, on the back of rising demand and a lack of housing supply.
Property consultants Knight Frank report that average property prices in prime London,
which includes Kensington and South Kensington, have appreciated by 36 per cent since
their low after the credit crunch and banking crisis in 2009.
The firm projects that residential property prices in London hotspots will surge further; by
an average of 30 per cent in the next four years.
“The prime London property market is buoyant,” said Grainne Gilmore, head of UK
residential research at Knight Frank.
Various South Kensington estate agents and Kensington estate agents would agree with
Knight Frank’s projectio
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