Jan 2021: London Housing Market
London Most In Demand Streets
And to a bright 2023!!
As we are slowly easing back into 'normal life' the press is awash with predictions (mostly gloom & doom) about the property markets.
But there is some press that focuses on facts and data... like this article from the Evening Standard (Jan 3, 2023) that lists London's most in-demand streets. No surprises to find out many of them are in RBKC & St Johns Wood, the latter having experienced a real property boom in the past 2 years.
Mayfair also continues to be in high demand as more foreigners return to London to take advantage of a lower pound and more negotiating power.
While the list of the most in-demand streets may surprise some, the reality is that they all share some similarities: they usually have large family houses which attract long-term owners, with residents raising their children in the property and selling after retirement. There is also a strong sense of community as well as historic architecture.
These streets are like gold dust because they are best-in-class and thus scarce.
Don't hold your breath for prices to fall on these streets anytime soon...
[although having a good buying agent may help you beat the queue and get a better price]
If you want to read the whole article: London Most In Demand Streets
#londonbeststreets #londonproperty #offmarketproperty #buyalondonhome #RBKC #Mayfair