Our video with Sophie Chick addresses what happened in prime London, how the prime commuter zone performed, as well as what's next for the market in 2014.
Key findings:
- Rental values across prime London saw a marginal increase of 0.5% over 2013, reflecting an increase in available stock rather than falling demand.
- The best performing prime location in terms of rental growth were the London suburbs which was driven by a high number of tenants moving out from London.
- We are forecasting for rents to increase in the prime London market in 2014, albeit slowly.