In 2015 would be most beneficial real estate investment in London from £200,000 to £937000

Over the first month of 2015 is January and the company of elite real estate in Central London W. A. Ellis summed up the first month of the year, trying to identify a trend in the market of elite real estate of London.

From a report published by the W. A. Ellis shows that in January 2015 there was a sharp decline in the number of transactions in the elite areas of London.

Sales levels in areas such as Knightsbridge, Chelsea, Kensington and Belgravia fell by 34% compared to January 2014.

The market of real estate in Central London is influenced by several factors: it is introduced in December 2014, a new scale of Stamp duty and pending parliamentary elections in may 2015, which may be introduced a “mansion tax” , which pushed the labour party.

Despite the fact that the number of transactions decreased significantly, the cost of real estate in these areas has become the same – around £1800 pounds per square foot.

Many sellers do withdraw their facilities from the market, being careful and hoping to put them up again after the clarity on the real estate market.

This slowdown is typical for real estate more expensive than £1 million pounds.

On the property ranging from £200,000 to £937000 pounds, on the contrary, the expected increase in activity in the coming year. First and foremost, due to the fact that the market of real estate of London in this range is expected infusion of pension savings. At that time, as mortgage lending is becoming more complicated under the influence of new stress tests and regulations imposed by the Bank of England, this process will offset other cash flows from the pension and other government funds.

Consequence of the cooling of the market of elite real estate of London will be an increase in activity in the rental market of elite real estate. In January 2015 has significantly increased the demand on the rental market and now continues to increase the number of queries. According to forecasts, the prices for rent of elite housing in Central London will grow by 3% in 2015.

® Helen Entree. 05.02.2015

ALBERT COURT, PRINCE CONSORT ROAD SW7 – £3,950,000

BERNERS STREET, FITZROVIA W1T – £1,995,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3 – £ 5,950,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3- £1950000

FITZJAMES AVENUE, WEST KENSINGTON W14 – £ 2,300,000

HANS COURT, HANS ROAD SW3 – £ 13,950,000

HANS PLACE, KNIGHTSBRIDGE SW1X – £ 14500000

HENRY MOORE COURT, MANRESA ROAD, SW3 £ 12,000,000

IMPERIAL CRESCENT, IMPERIAL WHARF SW6 – £ 4,550,000

KENSINGTON SQUARE, KENSINGTON W8 – £ 7,000,000

ONE HYDE PARK, 100 KNIGHTSBRIDGE SW1X – £5,600,000