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August 2022 Market Update from Bricks&Logic

11th August 2022

Our August update containing data up to the 31st July 2022 is now available at www.bricksandlogic.co.uk. This update looks at changes in our estimates of sale and rental values between 30 April 2022 and 31 July 2022.

London 3 Month Sales Change

Across the city,  the average sale price increased by 1.7% over the past three months. 

July was the third consecutive month in which price growth decreased relative to the previous monthlending further weight to a continued cooling in the market. 

Most of the growth is now concentrated in the South, South West and to a lesser extent, the East, with many areas showing little to no growth.

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London 3 Month Rental Change

Across London, the average rental price increased by 2.7% over the past three months. Most areas continue to show strong price growth.

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As always, these numbers are area averages. Different types of properties in the same location can perform very differently to each other. 

To see how the market for your property has changed, or to explore the map, log in at www.bricksandlogic.com

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