As of the third quarter of 2020, residential land value in Central London saw a negative change both on annual and on six-month basis. In comparison, land value in Outer London saw no change on six-month basis and an increase of 0.3 percent compared to one year ago. This highlights one of the effects that the coronavirus (COVID-19) crisis has had on housing demand: rather than living central, many people have decided to prioritize property size. The rise in demand for larger properties with outside space has influenced both rental and housing prices.
Annual and six-month growth of residential land prices in Central and Outer London as of the 3rd quarter 2020
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Savills. (October 14, 2020). Annual and six-month growth of residential land prices in Central and Outer London as of the 3rd quarter 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1180007/annual-and-five-year-rental-growth-london-by-property-size/
Savills. "Annual and six-month growth of residential land prices in Central and Outer London as of the 3rd quarter 2020." Chart. October 14, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1180007/annual-and-five-year-rental-growth-london-by-property-size/
Savills. (2020). Annual and six-month growth of residential land prices in Central and Outer London as of the 3rd quarter 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1180007/annual-and-five-year-rental-growth-london-by-property-size/
Savills. "Annual and Six-month Growth of Residential Land Prices in Central and Outer London as of The 3rd Quarter 2020." Statista, Statista Inc., 14 Oct 2020, https://www.statista.com/statistics/1180007/annual-and-five-year-rental-growth-london-by-property-size/
Savills, Annual and six-month growth of residential land prices in Central and Outer London as of the 3rd quarter 2020 Statista, https://www.statista.com/statistics/1180007/annual-and-five-year-rental-growth-london-by-property-size/ (last visited November 21, 2024)
Annual and six-month growth of residential land prices in Central and Outer London as of the 3rd quarter 2020 [Graph], Savills, October 14, 2020. [Online]. Available: https://www.statista.com/statistics/1180007/annual-and-five-year-rental-growth-london-by-property-size/
