Mayfair & St. James’s
Key highlights include:
• Pricing can often exceed £5,000 psf for best in class properties and approach £6,000 psf on rare occasions
• Prices have stabilised during the year to Q1 2018. We expect the next movement in prices to be up
• Typical one bedroom apartments in Mayfair & St James’s range from £900,000 to £1.15m while two bedroom flats usually command between £1.75m and £2.0m.
• A typical one bedroom apartment in Mayfair & St James’s rents for between £500 pw and £750 pw while a two bedroom flat ranges from £800 pw to £1,300 pw
• 207 private units in the planning pipeline in the area, adding to the 222 units currently under construction