As of the third quarter of 2020, residential prices in the outer prime London market increased both on a quarterly and annual basis for properties with gardens. The highest quarterly price growth (1.3 percent) was observed for properties with a large garden. This highlights one of the effects that the coronavirus crisis has had on housing demand: people have reassessed their priorities and are now looking for dwellings with outside space. Another insight from the rental market also shows larger properties are less impacted by coronavirus-related negative rental growth.
Annual and quarterly growth of residential property prices in outer prime London as of the 3rd quarter 2020, by availability of outside space
Characteristic
Quarterly growth
Annual growth
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Savills. (October 14, 2020). Annual and quarterly growth of residential property prices in outer prime London as of the 3rd quarter 2020, by availability of outside space [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1179975/annual-and-five-year-rental-growth-by-property-size-london/
Savills. "Annual and quarterly growth of residential property prices in outer prime London as of the 3rd quarter 2020, by availability of outside space." Chart. October 14, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1179975/annual-and-five-year-rental-growth-by-property-size-london/
Savills. (2020). Annual and quarterly growth of residential property prices in outer prime London as of the 3rd quarter 2020, by availability of outside space. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1179975/annual-and-five-year-rental-growth-by-property-size-london/
Savills. "Annual and Quarterly Growth of Residential Property Prices in Outer Prime London as of The 3rd Quarter 2020, by Availability of outside Space." Statista, Statista Inc., 14 Oct 2020, https://www.statista.com/statistics/1179975/annual-and-five-year-rental-growth-by-property-size-london/
Savills, Annual and quarterly growth of residential property prices in outer prime London as of the 3rd quarter 2020, by availability of outside space Statista, https://www.statista.com/statistics/1179975/annual-and-five-year-rental-growth-by-property-size-london/ (last visited August 24, 2024)
Annual and quarterly growth of residential property prices in outer prime London as of the 3rd quarter 2020, by availability of outside space [Graph], Savills, October 14, 2020. [Online]. Available: https://www.statista.com/statistics/1179975/annual-and-five-year-rental-growth-by-property-size-london/