"Cash buyers have supported activity across prime London, but the market remains price-sensitive as buyers’ budgets have come under pressure. As such, sellers who are most prepared to be realistic on price will likely garner the best end result"

"Lucian Cook, head of residential research, shares insight and analysis into the data and trends currently shaping the UK property market in August"

"Recent further increases in the cost of mortgage finance are likely to put further pressure on prices in the more mortgage dependent parts of prime London"

"Price growth stabilises across prime London following a dip at the end of 2022. But realistic pricing will be crucial to maintain momentum and activity this year"

"Despite increasing economic headwinds in London, the number of sales of £1 million-plus homes in September this year were more than 50% above the pre-pandemic norm for the same month, according to Twenty-CI. "

"As London continues its return to normality, central London values have continued to recover over the past three months, after being in the doldrums for much of the pandemic."