SOLD
The London Report 2023 | London: City of opportunity 3
SALES
FROM PRIME
LONDON
OFFICES
2022
10.2%
Foxtons
Dataloft. Census 2021 Foxtons applicants 2022 Dataloft, Land Registry, sales in London since
23rd September 2022
No one knows London like Foxtons. We use our unrivalled insight
into the London market to help investors, sellers and landlords
maximise their investments.
3.1%AVERAGE ANNUAL
REGENERATION
OUTPERFORMANCE
Dataloft, GLA, Land Registry, MHCLG. Based on
22 Opportunity Areas across London
PRIME LONDON
Prime London proved a location of choice in
2022 as demand from prime buyers and
renters soared. In 2022, 10.2% of sales came
from Foxtons Prime London offices. This was
the highest proportion since 2016.
The currency advantage afforded to
international investors due to the position of
sterling in global markets continues to make
Prime London an attractive investment.
INVESTOR OPTIONS
London is now home to 40% of all private
rental households in England and Wales and
growth in the sector is expected to continue.
There are over 138,000 new homes across
London in areas considered 'ready to grow'.
Price growth in regeneration areas
outperforms the London average.
INNOVATIVE
DATA
A KEY DRIVER IS LONDON'S
OUTSTANDING REPUTATION
FOR EDUCATION
FREYA WAN
Head of Asia-Pacific
Since the start of the the British
National (Overseas) visa scheme in
2021, an increasing number of Hong
Kong buyers have been looking for
family homes in London. A key driver
for this demographic is London's
outstanding reputation for education.
They also want welcoming
communities, child-friendly amenities
and great connectivity into Central
London from areas like Sutton and
Kingston. Foxtons Asia Pacific
facilitate a faster, smoother transition
to the UK for Hong Kong families.