“I have noticed an increase in demand in Marylebone and Notting Hill from international investors taking advantage of the weak pound. UK house prices have risen by 1.1% in April 2019, although asking prices have fallen slightly YoY, and asking prices in Greater London have fallen YoY for the 20th month in succession. The average price of a home has increased by £5,700 since last year, while the number of properties on sale fell to its lowest level since records began in 2001. Continued Brexit uncertainty and the affordability crisis have been blamed. Affordability problems are said to have spread beyond what the market once saw as the capital’s affordable periphery. The spring selling season, meanwhile, helped a 1.1% rise in Greater London asking prices between March and April.
UK house prices have risen by 1.1% in April 2019, although asking prices have fallen slightly YoY, and asking prices in Greater London have fallen YoY for the 20th month in succession. The average price of a home has increased by £5,700 since last year, while the number of properties on sale fell to its lowest level since records began in 2001. Continued Brexit uncertainty and the affordability crisis have been blamed. Affordability problems are said to have spread beyond what the market once saw as the capital’s affordable periphery. The spring selling season, meanwhile, helped a 1.1% rise in Greater London asking prices between March and April.