Prime UK property in central London unrelenting with Russians and Chinese buying at top end

[Nicholas Wallwork]

The price of prime residential property in central London is continuing*its upward trend with some areas seeing a 13% rise since March, according*to the latest analysis.

The latest Knight Frank Prime Central London Index shows that prime house*prices in central London rose 2.1% in October. The annual rate of price*change has improved to -3.2% from -8.8% in September although average*prices are still 16% below their peak in March 2008.

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