Market Report

December 2013

St George Wharf continues to go from strength to strength and the demand for property has never been higher. The Nine Elms regeneration project is picking up pace and press coverage has been huge and with little stock available, prices have increased in many cases by more than 20% within St George Wharf within the last 12 months. 

We are now regularly achieving £1150 per sq ft and in many cases much more. We have just agreed a one bedroom apartment for £1330 per sq ft and some of the premium flats can now demand figures in excess of £1400 per sq ft. 

St George Wharf regularly outperforms neighbouring off plan developments at Riverlight & Embassy Gardens, particularly those owners who have modernised their apartments. Availability is low and St George Wharf is still seen by many as the most sought after South Bank development with the most spectacular views. 

The first completions have now taken place in The Tower which has also helped push prices within St George Wharf with apartments changing hands for more than £2000 sq ft. The views from the upper floors are truly astonishing and the block offers a 5 star experience throughout - just take a look at our images. 

Our marketing and lettings team have ensured our landlords have had a year to remember with occupancy rates of over 98% - incredible. Our professional and corporate tenants enjoy the views, location, facilities and transport connections within the development and often reside for many years. 

To sell or let your St George Wharf apartment today call 020 7222 2500 or email valuation@mylondonhome.com for an immediate listing.

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