Prime Mayfair Overview 2016
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Your Local Overview Mayfair & St James's The area Mayfair continues to be on the up! Knight Frank have set record pricing levels on apartments and houses in the area over the past two years, serving only to solidify Mayfair’s growing reputation as the No. 1 enclave in the world for luxury property. The market is dominated by purchasers seeking second homes or pied a terres, due to its unrivalled Central London location and international status. Despite the fiscal challenges introduced to the market over the last 18 months there continues to be a positive sentiment in the air and we expect to be able to continue to assist all types of homeowners in the course of the coming year. In the past 12 months we have assisted clients sell and buy a wide range of different homes, including unmodernised development opportunities, new-build penthouses and freehold properties. The numbers The utmost care, attention and professionalism paid at all times the value of property sold by Knight Frank Mayfair in the past year £560m of properties in Mayfair have been sold by Knight Frank in the past 12 months 55% Knight Frank are the leading agent in Mayfair for both property sold and on the market* No.1 the collective total our buyers are looking to spend £2.99bn *according to Lonres.com Our approach is uniquely powerful in that we pool the experience and expertise of all of our Central London and Global offices to enable you, if selling, to reach the maximum number of purchasers who would have an interest in your home. If you are looking to purchase, it means you can reap the rewards of our genuinely encyclopedic local knowledge.
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Transcript of Prime Mayfair Overview 2016
Your Local
OverviewMayfair & St James's
The area
Mayfair continues to be on the up! Knight Frank have set
record pricing levels on apartments and houses in the area
over the past two years, serving only to solidify Mayfair’s
growing reputation as the No. 1 enclave in the world for
luxury property. The market is dominated by purchasers
seeking second homes or pied a terres, due to its unrivalled
Central London location and international status. Despite
the fiscal challenges introduced to the market over the last
18 months there continues to be a positive sentiment in the
air and we expect to be able to continue to assist all types
of homeowners in the course of the coming year.
In the past 12 months we have assisted clients sell and buy
a wide range of different homes, including unmodernised
development opportunities, new-build penthouses and
freehold properties.
The numbers
The utmost care, attention and professionalism paid at all times
the value of property sold by Knight Frank Mayfair in the past year
£560m
of properties in Mayfair have been sold by Knight Frank in the past 12 months
55%
Knight Frank are the leading agent in Mayfair for both property sold and on the market*
No.1
the collective total our buyers are looking to spend
£2.99bn
*according to Lonres.com
Our approach is uniquely powerful in that we pool the experience and expertise of all of ourCentral London and Global offices to enable you, if selling, to reach the maximum number of purchasers
who would have an interest in your home. If you are looking to purchase, it means you can reap the rewardsof our genuinely encyclopedic local knowledge.
Recently
Sold
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Queen Street, Mayfair Guide price: £6,500,000
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Hill Street, Mayfair Guide price: £16,950,000
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Carlton Gardens, St James's Guide price: £11,950,000
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Upper Grosvenor Street, Mayfair Guide price: £17,500,000
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Davies Street, Mayfair Guide price: £15,750,000
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Dunraven Street, Mayfair Guide price: £7,000,000
Mayfair has been the strongest performing prime central London market in the past 40 years, with a 3% price growth in 2015 alone. Thanks to our network of 417 offices in 58 countries, we are able to source buyers from all corners of the world, meaning Knight Frank remains the No.1 agent in Mayfair & St James's.
Currently
For SaleFrom lavish lateral apartments to grand city town houses, there's a treasure trove of exceptional homes in Mayfair. To view our full selection of prime homes, visit our website: KnightFrank.co.uk/mayfair
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North Row, Mayfair Guide price: £9,500,000
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Half Moon Street, Mayfair Guide price: £14,950,000
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South Audley Street, Mayfair Guide price: £6,500,000
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Grosvenor Square, Mayfair Guide price: £11,500,000
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Grosvenor Square, Mayfair Guide price: £20,000,000
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Davies Street, Mayfair Guide price: £32,500,000
Led by Department Head Harvey Cyzer, our Prime team pride themselves on exceptional service and unrivalled market knowledge. Whether you are selling an unmodernised Mayfair mansion or luxury lateral apartment, we have the skills which enable us to match your property to the perfect buyer.
With Knight Frank Mayfair, you can expect a thoroughly professional approach and expert advice from your very first conversation. To see how we can help you, please get in touch.
To see more, visit our local website KnightFrank.co.uk/mayfair To book a free market appraisal with the local experts, get in touch. @KF_Mayfair
Alastair [email protected] 7647 6612
Harvey CyzerProprietary Partner & Office [email protected] 7647 6608
Simon [email protected] 7647 6605
LocalExperts
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Alastair and the team remained committed to the sale process throughout, working weekends and well into the evenings to get the deal done. I am thoroughly thankful for their services and would recommend them to anyone wishing to sell a property in the Mayfair area.
Vendor
Just a brief note to thank you for your enormous help in getting this transaction to an exchange. This was a tricky sale which would not have happened without your continuous input, effort, enthusiasm and assistance.
Vendor
Harvey Cyzer and his team provided a wonderful service. At no time were they found wanting. In particular, Harvey’s commitment was 100%. His attention to detail and tenacity, could not be higher if the property were his own! All in all 11 out of 10.
Vendor
The sale of the property simply would not have happened if Simon hadn’t been my agent. He truly went above and beyond to ensure the sale went through, comforting both the buyer and myself along the road.
Vendor
Simon was very attentive, courteous and acted with the upmost professionalism at all times bringing the sale of the penthouse to a quick conclusion. We would recommend him wholeheartedly.
Vendor
If you would like to know more about sales in your area, or to arrange acomplimentary market appraisal, please contact us today on 020 3641 1704
