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79% of areas see a home sold for £1m or more versus 52% a decade ago

Research from London lettings and estate agent, Benham and Reeves, has found that the number of homes selling for £1m or more across England and Wales has increased by 93% in the last decade, with 79% of local authorities seeing at least one £1m sale so far in 2022, versus 52% during the same time …

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Prime property values increase by as much as £808 per day over the last year

Research from London lettings and estate agent, Benham and Reeves, has found that prime London property values have increased by £285 per day over the last year, with this daily rate of house price appreciation climbing to £808 per day in the best performing areas. The analysis of London’s 28 most prestigious pockets of the …

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Foreign homeowners sitting on £90.7bn worth of property in England and Wales

Research from London lettings and estate agent, Benham and Reeves, has revealed which areas of the property market are home to the highest value of homes owned by overseas homeowners, with the total market value of foreign owned homes currently standing at £90.7bn across England and Wales. Benham and Reeves analysed the latest available data …

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London’s parks commanding property premiums as high as 144%

Research from London lettings and estate agent, Benham and Reeves, reveals that while homebuyers will, on average, have to pay 50% over London’s average house price to live near one of the city’s great parks, there are still some great parkside deals to be found where prices are up to -9.6% below the city average. …

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Prime London property market bounces back as homebuyers return in Q2

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that the prime London property market has rebounded in Q2, with homebuyer demand climbing on both a quarterly and annual basis. The PCL Homebuyer Demand Index by Benham and Reeves monitors demand for homes valued between £2-£10 million and …

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Wimbledon still home to highest house price premium of all Grand Slam venues

Wimbledon is back to its brilliant best this year after last year’s tournament was restricted by the pandemic, and ahead of the tennis’s greatest tournament, research from London lettings and estate agent, Benham and Reeves, reveals that Wimbledon continues to dominate its Grand Slam counterparts in the housing market as well as on the court. …

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How much does it cost to live near London’s iconic ‘brandmarks’?

Despite garnering a massive amount of buzz on social media, diners have voted Salt Bae’s Westminster restaurant, Nusr-Et Steakhouse, as one of the very worst in London. Research from London lettings and estate agent, Benham and Reeves, can now reveal that to live within arm’s reach of the much-slated establishment, you’re going to have to …

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Benham and Reeves appointed as sole agent for Countryside’s exclusive overseas property launch in Asia

Renowned UK developer Countryside Partnerships has appointed Benham and Reeves as the exclusive and sole agent for its overseas property launch in Asia. The exclusive Countryside London Collection exhibitions featuring Acton Gardens and Quartet are taking place in Singapore, Hong Kong and Malaysia from May to June. Buyers will get the chance to visit stunning …

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Stock shortage sees asking to sold price gap close to record low

To view the full Market Index Q1 2022 click here. London lettings and estate agent, Benham and Reeves, has released its latest Market Index Review providing the most comprehensive view of UK and London house price performance. The Benham and Reeves Market Index Review is based on data from the top four existing indices. It …

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The Jubilee decorations sure to deter homebuyers – Effigies of the Queen and dogs dressing a no go

London lettings and estate agent, Benham and Reeves, has revealed that UK homebuyers remain undeterred by the Jubilee bank holiday break when it comes to their endeavour to find the perfect home, but they could be put off from your property if you’ve opted for these Jubilee decoration deterrents. The survey of UK homebuyers by …

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The London boroughs with the highest homebuyer demand for a garden – and the boroughs where a garden will set you back £166,000 more

The Chelsea Flower Show kicks off today and research by London lettings and estate agent, Benham and Reeves, has revealed where homebuyers have the best chance of snagging a home with a garden in the current London market, as well as the price they’ll pay for the pleasure. Benham and Reeves analyzed property stock listed …

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Crossrail house prices up by as much as 215% since it was first announced

With the initial launch of Crossrail imminent, research by London lettings and estate agent, Benham and Reeves, has revealed that postcodes with stations due to benefit from Crossrail (CR) have seen house prices increase by 79% since the project was first announced, carrying a 14% premium versus the wider areas. Benham and Reeves has been …

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