December 2021 Market Update from Bricks&Logic
December 09 2021
Our December 2021 update containing data up to the 30 November 2021 is now available at www.bricksandlogic.co.uk. This update looks at changes in our estimates of sale and rental values between  01 September 2021 and 30 November 2021.
Our thanks to our contributing Estate Agents

A quick note of thanks to all our contributing Estate Agents. They are committed to the principle of a more open and transparent market and without them and their data, this wouldn't be possible.

 

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London 3 Month Sales Change

The sales market remains positive across the board, strongly so in some parts of the outskirts and sharply in some areas of Central London.

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London 3 Month Rental Change

Average rental price change between 01 September 2021 and 30 November 2021

The rental market has been recovering sharply since the summer and the past three months have been no different. In Prime Central London, rental prices continue to bounce back while most other areas remain mildly positive.

 

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The recent rental price boom in with a wider lens

Average rental price change over 2 years (01 December 2019 - 30 November 2021)

These recent price spikes in Central London are the recovery from a very deep drop in prices over the pandemic.
We can easily see which areas are still in negative territory by looking at a 2 year change on our map.
Aside from around the City of London, most have made back losses and of course we have covered previously the growth in rental prices experienced by many areas on the outskirts over the pandemic.

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As always, these numbers are area averages. Different types of properties in the same location can perform very differently to each other. 

To see how the market for your property has changed, or to explore the map, log in at www.bricksandlogic.com

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