Data-driven analysis of the London property market — updated monthly from 30 years of Land Registry transactions.
The nominal median barely moved — yet the flat premium turned negative for the first time in 30 years of data, new builds gave back all their COVID gains, and the floor area factor fell another 5 points. Part 3 of our factor-model history.
Prices surged +14% — but TN gained +21.7% while W gained just +2.3%. The floor area factor actually fell during the boom. It was a location rotation, not a space premium. Part 2 of our factor-model history.
Nominal prices rose just 1.2% in three and a half years — yet quality-adjusted prices were up +13.7%. The flat premium fell 5 points, quietly setting up everything that followed. Part 1 of our factor-model history.