The New Reality for Prime Central London

The current mood in the prime central London property market, encompassing the capital’s most ritzy areas such as Knightsbridge, St John’s Wood and Notting Hill, is far from upbeat.  New Winkworth research suggests that in some areas values are 20 to 30 percent lower than the price owners originally paid.  So where does the market go from here?  There is still activity, as property commentator Anne Ashworth has been finding out from Winkworth CEO Dominic Agace, and Charles Erwin from Winkworth Notting Hill.