prices in central London are defying the general downward trend in the
UK helped by the eurozone crisis.
A reversal of price falls that began in November last year continued
through December and prices rose 1.3%, according to the latest Knight
Frank Prime Central London Index. This most recent price rise means that
prices ended the year higher by 10.3% compared to December 2009.
strongest markets have been Kensington, Knightsbridge and St Johnâ€™s
Wood, which all saw more than 3% price growth in the final three months
of 2010. While he price band with the strongest performance has been the
Â£1 million to Â£5 million bracket with 2.4% growth on average over the
past three months.