Clients thinking about extending their portfolios could do well to get hold of a copy of the latest Residential Property Focus published by Savills Research in May 2011.
Some of the main findings are:
Values in the leading 10% of the country grew by 7.5% in 2010 and are now just a fraction from their peak, while the bottom 10% of areas saw prices fall by 3% and remain almost 20% off peak.
There are indications that underlying demand for prime London property continues to build, particularly at the top of the market.
The prime regional markets have largely avoided a secondary slip in values and have consistently been more active than their mainstream counterparts sine the downturn. However, they have seen little if any upward movement in prices in the first part of 2011.
The private rented sector has continued to grow. There are now over 3 million households in private rented accommodation; up by nearly 1 million since 2005.
If you would like to study the report in full visit www.savills.co.uk/research. Savills Research is part of Savills the global real estate provider.