As macro-economic risks recede, fewer foreign buyers are seeking the “safe-haven” appeal of London property.
Tagged – ‘super-prime’
The average price paid for a property in the super-prime (£10m+) market in 2013 is just over £18m, a 26% increase on the average price paid for a super-prime property over the same period in 2012.
Prices of £10m+ homes have recovered strongly since the post-crisis market low in March 2009.
Average prices of prime country properties in England rose for the first time in two years in the first three months of the year.