Rat and Mouse
Mon
05
Nov
Prime London less prime than last week

According to the latest Knight Frank figures, prime central London growth has slowed to 0.3%, making October's the lowest monthly figure since July 2005. So where does that leave the annual inflation figure? Must have taken a hit, right? Haven't you been paying attention? 2006/2007 have been such crazy years that it still leaves the annual inflation figure at a ludicrous 34.1%. And we all know there's no such thing as a single market when it comes to property. Even on a given London street, it's not uncommon for one side to outperform the other. Within Knight Frank's prime central London index, the top end continues to outperform the rest, with £5m+ homes growing in (percentage) value by more than twice the £1m/£2m bracket in the three months to the end of October.

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