London’s super-prime property market, comprising homes worth £10m or more, has enjoyed a surge of activity this year.
According to Knight Frank buyers spent £1.13bn on so-called super-homes in the eight months to August, 16% more than the £978m spent in the same period last year.
There were 56 deals, down from 57 last year, as the average sale price hit £20m.
Two in five buyers were British, the highest proportion in a decade, which the estate agency put down to pandemic travel restrictions