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One in five London homes sold for £1m or more in 2023

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that a fifth of all homes sold so far this year across the capital have done so for £1m or more, by far the largest proportion when compared to other major cities across England and Wales. Benham and Reeves analysed sold …

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The cost of renting in London’s most prestigious political postcode – Even Liz Truss saved £7,000 during her time as PM

The latest research by London lettings and estate agent, Benham and Reeves, has revealed just how much it costs to rent in the most prestigious postcode in UK politics, Westminster’s SW1A postcode – home to No.10 Downing Street, with even Liz Truss saving almost £7,000 in rent during her stint as PM, despite it lasting …

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London’s private schools push house prices up by as much as 121%

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that living close to one of the capital’s top private schools carries an average house price premium of 29%, although in some cases this is as high as 121%. Benham and Reeves analysed current property values across postcodes home …

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London’s busiest housing markets: the space race in full force

Research from London lettings and estate agent, Benham and Reeves, reveals which London boroughs have been the busiest in the past 12 months when it comes to the number of homes sold as a percentage of all private dwellings within each borough. In the past 12 months, there have been 94,483 residential sales across London. …

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Demand for London’s high-end homes climbs in Q4

The latest property market analysis by London lettings and estate agent, Benham and Reeves, reveals which Prime London markets have experienced the strongest growth in demand during Q4 2021.

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Home maintenance costs increase by as much as 17% across the UK

The latest property market analysis by London lettings and estate agent Benham and Reeves, has revealed how the cost of maintaining our homes this winter is as much as 17% higher than it was this time last year. Benham and Reeves analysed the average cost of maintaining a property which can include everything from cleaning …

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London homesellers enjoy corner plot house price premium of up to 44%

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that London homes that are built on a corner plot command an asking price up to 44% higher than other homes in the area. Because homes that are built on corner plots are not surrounded on all sides by …

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London homebuyers saved £1.019bn during the stamp duty holiday

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed the full extent of how the stamp duty holiday impacted the capital’s property market, saving London homebuyers over £1bn since it first launched at the start of July last year. Last week, the government released its latest house price …

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Staging your home could add £47,000 when selling

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that staging your home during the selling process could boost your sale price by as much as £47,000. Staging is generally considered to be an American property market import, but it really just requires a few finishing touches in …

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Short-term lets can boost rental incomes by as much as 78% per month

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed how short-term lets can boost rental incomes for landlords by as much as 78% across the nation’s major cities. Benham and Reeves analysed the current average asking rents for both short and long term lets across eight major cities. …

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London rents forecast to increase 5.5% in 2022 as current market values breach pre-pandemic levels

The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that rental values across the capital have not only bounced back versus the pandemic dip experienced in 2020, but have also breached pre-pandemic levels in all but three areas. The research shows that between 2019 and the initial pandemic …

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The UK’s scariest house price drops since last Halloween

The latest property market analysis by London lettings and estate agent, Benham and Reeves, reveals which parts of the UK have experienced the scariest house price drops since last Halloween. Since the start of the pandemic, or at least since the government’s introduction of the SDLT holiday in reaction to the pandemic, the UK housing …

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