House Prices Mayfair London | Wetherell Market Reports
Wetherell's Market Reports provide invaluable insight into the Mayfair property Market.
Below you'll find Market reports for the last 12 months, with links to older reports and our archive to access previous years in the navigation menu above, or at the bottom of the page.
Mansions Lost and found in Mayfair Mayfair estate agent Wetherell and the landed estate Grosvenor have jointly sponsored The Lost Mansions of Mayfair by architectural historian Oliver Bradbury. The book was launched at a Wetherell-sponsored reception in Purdey's building on South Audley Street, Mayfair W1. Bradbury's incredibly well-researched book looks at the majestic buildings that have been lost. There are many of them. The inhabitants of Mayfair have been wealthy from the earliest days, and the wealthy have often had a taste ...
The Market Cycle HINDSIGHT IS A WONDERFUL WORD LOOKING FORWARD IS MUCH EASIER WITH THE BENEFIT OF PAST KNOWLEDGE HISTORY TENDS TO REPEAT ITSELF IN THE BROAD BRUSH STROKE IF NOT THE DETAIL Market on the way up The rise to the top of any market is caricatured by the spreading of disinformation about lack of supply coupled with enormous demand for the asset. “Outsiders” rush to buy on the perceived bargain and investment opportunities pushing prices higher and higher. Top of the market The top, ...
Mayfair Residential Property Market Update Half Year 2008 Wetherell report that the volume (the number of sales) for residential property sold in Mayfair and St James's in the first 6 months of 2008 was down by 66% from the similar period in 2007. However the total value (the aggregate value sold) of sales remains the same at approximately £250M. Wetherell's individual sales volume was also 50% down however the value of properties sold was double. Wetherell Market share increased for 2008 to ...
How to Value in a Low Volume Market "VALUE NOT VOLUME - THE BEST AND THE REST" 2007 was the year that you could sell secondary property for prime prices – the worst house in the best street, the biggest house in the noisiest road, the best house in the worst street, the development opportunity. 2008 market is "the best and the rest", purchasers are still out there and will move fast and competitively pay for the best. Other properties are finding ...
THE MAYFAIR NUMBERS Wetherell has market share of residential property sold in Mayfair for 2008 100% market share of properties over £10M 66% market share of properties over £5M 23% market share of number of units sold 53% market share in terms of total value sold 54% market share of total sq.ft. / m2 sold MAYFAIR MARKET REPORT Wetherell have over 25 years experience in the residential Mayfair market. Peter Wetherell has worked in the area for since 1972 and seen numerous cycles in the market over the ...
WETHERELL - BRINGING RESIDENTIAL LIFE BACK TO MAYFAIR 2007 Volume of Sales Consistent to 2006 2007 Value of Volume Sales up by 41% 41% increase in total value sold Last year, Mayfair & St James's experienced an increase of approximately 41% in the value of all residential property sold (compared to 2006) whilst the number of properties sold was similar to 2006, partially a reflection on the lack of new developments for sale in 2006. Even though there were some high value sales, the ...
Wetherell Reports archive - view our market reports from 1993 to 2007
