House prices in London’s most affluent areas have surged by 7% as the super-rich return to the city.
Average home prices in “prime central London” – which stretches from Chelsea to Camden and Notting Hill to Westminster – last month rose by more than in any month since 2015, according Knight Frank.
Tom Bill, Knight Frank’s head of UK research, said the jump in demand for luxury London housing was mostly being driven by the return of rich overseas buyers as coronavirus lockdowns and travel restrictions lift.
