Prime property in London increased by 3.1% in March, leading to an annual price growth figure of 32.0%, according to Knight Frank. Prices have now increased for 27 consecutive months, says the agent, with the last price fall recorded in December 2004. The increase for the first quarter now stands at 10.2% for Prime Central London, while flats increased by 7.5% in the same period. Supply shortages are continuing to fuel this increasingly dramatic rise, as well as the growing international demand for good London property: in March the supply of newly available property fell by 27%, compared to February while the number of prospective purchasers increased by 16%. Some of the best performing areas singled out by Liam Bailey, Head of Residential Research for Knight Frank, were Chelsea and St John?s Wood.
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Six beautiful homes around the world, from Portofino to Provence to Palm BeachAn exquisite villa tucked into a hillside? A A breathtaking apartment created to make you feel like you're flying through the endless blue skies?
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The 'greatest battle for 300 years': England's great estates face up to a green futureThe climate crisis will affect us all. All over Britain, major landowners are stepping up to tackle a warming world and biodiversity loss.
