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Luxury London Period Properties Outperform New-Build Apartments – Survey
Luxury period properties in London’s long-established and most expensive neighbourhoods have appreciated by as much as 30 percentage points more than new-build flats in high-end developments in Central London since 2009, according to new research by specialist prime residential property investment advisor Huntly Hooper.
The research found that flats in prime Central London have appreciated by 57.4 per cent since 2009 to the end of the first quarter 2014, with properties in some top-tier established period districts rising by as much as 78 per cent. In contrast, re-sale prices for new-build apartments built in Central London’s prime residential neighbourhoods in the past decade have climbed by 46.2 per cent over the same period.
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