Some positive property news – £10 million + sales up
January 3, 2019
With Brexit being blamed for everything from the price of sandwiches to a slump in property prices, it is good to see some figures from London bucking this trend. 2018 saw a 50% increase in the higher end of the property market sales of homes of £10 million and over.
It is not an overly busy market with only 300 or so sales of £10 million plus property in 2017 and 200 back in 2016 with a third of purchasers being second home owners.
Latest figures from HMRC via Octane Capital.
You May Also Enjoy
Breaking Property News 14/1/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Latest Weil European Distress Index (WEDI) points to a materially more fragile outlook Europe’s corporate distress picture appeared to stabilise on the surface in Q4 2025, but the latest Weil European Distress Index (WEDI) points to a materially more fragile outlook moving into 2026.…
Read More 
South East sees most sellers relisting
New research from Property DriveBuy reveals that sellers who are re-entering the market are reducing their asking price by an average of £5,300 to try and snag a buyer, but in London this reduction climbs as high as £27,000, while the South East is the region where most sellers are relisting this year having failed…
Read More 
Average rents rise by 2% in 2025, predicted to rise by further 2% in 2026
The average advertised rent of homes outside of London fell in Q4 2025 by 1.1% (-£15), dropping to £1,370 per calendar month. It’s only the second time in five years that quarterly rents have fallen: Across the whole of 2025, average advertised rents rose by 2.2% compared to 2024 As the market settles into a…
Read More 
Landlord Demographics Remain Broadly Unchanged
Propertymark analyses the latest figures from the English Private Landlord Survey 2024, published alongside headline findings from the English Housing Survey 2024–25, showing that the profile of private landlords in England has remained remarkably consistent with previous surveys, even as landlords navigate ongoing tax changes and evolving standards and expectations. The data highlights that the…
Read More 
London’s most prestigious postcodes revealed
The latest research from Enness Global has revealed London’s 11 most prestigious postcodes based on average sold price data, with the SW1A postcode covering Mayfair and St James’s topping the table, where the average home sold for £2.375m. Enness Global analysed sold price data from the Land Registry, examining transactions to have completed across London’s…
Read More 
Software GDTJ45 Builder Problems: Causes, Solutions, and Best Practices
If you’ve been using GDTJ45 Builder software, you might have noticed it’s not always as smooth and reliable as expected. From installation errors to unexpected crashes and slow performance, many users experience problems that can disrupt workflow, delay projects, and cause frustration. This article will walk you through the most common GDTJ45 Builder problems, explain…
Read More