London’s property market had another stable month in April

According to Prime Central London specialist, estate agent Chestertons, London’s property market had another stable month in April – with more sellers coming onto the market and buyer interest still high, writes Zah Azeem, Partner at Wimbledon based Chartered Surveyors Scrivener Tibbatts.

They reported more viewings – 3% more buyers viewed properties with them in April, compared to the same period last year.

More choice for buyers – 16% more available properties on the market compared to April 2022 – a strong indication of seller confidence.

Less fall throughs – 16% fewer purchases fell through this April compared to April 2022.

The consistency of 2023 is encouraging; buyer and seller confidence seems to have rebuilt and momentum is likely to pick up in the coming months.

If you would like to discuss something related to a property valuation, please contact me direct via email at zah@scrivenertibbatts.co.uk or call 020 8947 7040.