Source: HM Land Registry Quarterly Sales Statistics, City of Westminster, Royal Borough of Kensington & Chelsea and England Wales.
Flats and maisonettes represent the core element of the London Central investment market representing 85% of all transactions in 2011. Average values for the market as a whole can be distorted by a few high-end value sales. Houses last year accounted for about 30% of the value but only 15% of the sales. Accordingly, LCP have further refined their market analysis to look at these sectors separately.