ST JOHN’S WOOD MARKET INSIGHT 2018

FIGURE 1 Maximum property prices in St John’s Wood Achieved prices, 12 months to April 2018 Circles can denote multiple sales in the same postcode, in which case the highest value is displayed

Up to £750,000 FIGURE 2 £7500,000 to £1m St John’s Wood fact sheet £1m to £2m Population: 75,636 £2m to £3m £3m+ AVERAGE PRICE Year to February 2018 £1,111,020 Year to February 2017 £1,064,510 Swiss Cottage Year to February 2016 £1,015,140

£1 MILLION-PLUS SALES Year to February 2018 287 Year to February 2017 288 Year to February 2016 428

Regent's Park £2 MILLION-PLUS SALES Year to February 2018 141 Lord's Cricket Year to February 2017 142 Ground Euston Maida Vale Year to February 2016 165 Source: Knight Frank Research / Land Registry

Lisson BLUE PLAQUES Grove Baker Street Alan Turing, Mathematician, Computer Scientist Little Venice Marylebone Madame Marie Tussaud, Artist Sir Henry Wellcome, Pharmacist H.G Wells, Writer

STOCK BY PROPERTY TYPE Source: Knight Frank Research / LonRes / Land Registry

Flat 92% St John’s Wood market update James Simpson, St John’s Wood Office Head Across prime central London, the “Prices in St John’s Wood have re-based and Terraced 5% £5m-£10m price bracket was the only the majority of properties on the market are Semi-detached 2% section of the market that recorded price now correctly priced. Following this adjustment, growth in the year to May. Furthermore, transaction volumes have stabilised. However, Detached 1%

sales volumes at this price point grew we are witnessing a new norm for trading AGE OF HOUSING STOCK 12% in the year to March, LonRes data conditions, withCo ntdemandains OS typicallydata © Cr centredown Copy right and database right 2017 shows. This outperformance suggests around domestic and international buyers Pre-1900 28% asking prices in higher-value markets who are driven by needs such as schooling 22% have largely adjusted to take into account and downsizing rather than investor landlords. 1900-1939 higher stamp duty costs, a pattern that Buyers and sellers are used to the St John’s 1945-1972 28% is reflected in St John’s Wood. As figure Wood market bouncing back after a slowdown, 4 shows, sales volumes in the typically which happened following the global financial 1973-1999 14% higher-value areas of N1 4, around crisis. However, it is different this time and 7% Regent’s Park, and NW8 0, which pricing and sales volumes are stabilising in a 2000-present Source: Knight Frank Research includes Avenue Road, rose last year. more steady manner as confidence returns. ” RESIDENTIAL RESEARCH

ST JOHN’S WOOD MARKET INSIGHT 2018

FIGURE 3 Maximum £ per sq ft prices in St John’s Wood Achieved prices, year to April 2018 LONDON RESIDENTIAL Circles can denote multiple transactions in the same postcode, in which case the highest value is displayed

Swiss Cottage James Simpson St John’s Wood Office Head +44 20 7483 8346 NW8 0 NW8 6 [email protected]

NW8 7 Regent's Park NW8 9 Lord's Cricket Ground Euston Maida Vale

NW1 4 W9 1 NW8 8 RESIDENTIAL RESEARCH Lisson Grove Baker Street Tom Bill Little Venice Marylebone Head of London Residential Research +44 20 7861 1492 [email protected]

Source: Knight Frank Research / LonRes Up to £1,000 £1,000 to £1,250 £1,250 to £1,500 £1,500 to £2,000 £2,000-plus PRESS OFFICE

FIGURE 4 Sales volumes by neighbourhood Harry Turner Year to February 2018 Year to February 2017 +44 20 3861 6974 [email protected] NW1 4 NW8 0 NW8 6 NW8 7 NW8 8 NW8 9 NW8 9

Contains OS data © Crown Copyright and database right 2017 Important Notice © Knight Frank LLP 2018 - This report is published 99 130 59 58 72 for general information only and not to be relied upon 30 36 in any way. Although high standards have been used in the preparation of the information, analysis, views and 28 46 53 75 54 projections presented in this report, no responsibility or 106 145 liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank LLP to the form and

content within which it appears. Knight Frank LLP is a limited liability partnership registered in England with £2,518,390 £814,300 £1,652,230 £1,449,580 £737,590 £1,308,960 £1,018,400 registered number OC305934. Our registered office is 55 £3,285,810 £1,277,670 £1,669,300 £1,518,890 £667,150 £11,949,690 £961,420 sale price Average Baker Street, London, W1U 8AN, where you may look at a list of members’ names. Source: Knight Frank Research / LonRes / Land Registry

FIGURE 5 Transaction volumes and pricing data

Total sales Total sales (incomplete) Average price Maximum price

35m 32m 3m 403m 9m 25m 192m 14m 249m 149m 123m 44m 15m 13m 19m 19m 9m 350

300 £1,200,000 250 200 150 £1,000,000 Total sales Total Average price Average 100 50 0 £800,000 1-2014 2-2014 3-2014 4-2014 1-2015 2-2015 3-2015 4-2015 1-201 2-201 3-201 4-201 1-2017 2-2017 3-2017 4-2017 1-201

Source: Knight Frank Research / LonRes / Land Registry