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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

London’s ‘super-prime’ property market back to pre-Brexit levels

2-8a Rutland Gate, in Knightbridge, central London
2-8a Rutland Gate, a 45-room ‘private palace’ in Knightsbridge, is listed with an asking price of £200m. Photograph: Alicia Canter/The Guardian

More than 160 properties worth £10m or more were sold in London in the financial year just finished – the most since 2016 when Brexit spooked the global super-rich from investing in the UK’s “super-prime” market.

A total of 161 such sales – or three a week – were made in the capital in the year to March, according to analysis of Land Registry data by the estate agent Knight Frank and the data provider LonRes.

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