Return of super-rich to central London fuels house price surge

Return of super-rich to central London fuels house price surge:

Property prices in city’s most expensive district rise by almost 7% as Covid restrictions ease

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The return of the international super-rich to London amid the easing of coronavirus pandemic restrictions has fuelled the highest annual growth in property prices in the capital’s most expensive district since 2015.

Average home prices in “prime central London” – which stretches from Chelsea to Camden and Notting Hill to Westminster – have risen by almost 7% since the start of the year, according to research by the estate agent Knight Frank.

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from The Guardian https://ift.tt/3k7HKVq
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