The latest market insight from estate agent Foxtons, has revealed that so far this year, the average number of buyer enquiries being made per month has increased by 41% across the London market.
However, some areas of the capital have seen a far greater surge in returning buyer activity and nowhere more so than in Dulwich, where the average number of monthly enquiries is up 153% versus 2023.
Hampstead ranks second, with 104% more buyer enquiries per month versus last year, while Ilford has also seen an impressive increase at 101%.
Other areas to make the top 10 include Kingston (+93%), Stoke Newington (+89%), Ealing (+87%), London Bridge (+78%), St John’s Wood (+77%), Wapping (+73%) and Putney (+73%).
Commenting on the latest figures Foxtons chief executive Guy Gittins said:
“It’s been an extremely positive start to the year for the London property market and we’ve already seen a notable increase in the number of buyers enquiring across all but a handful of areas.”
He added: “This is despite the fact that mortgage rates are yet to come down and such a show of intent so early in the year only bodes well for the coming months as we head into what is traditionally the busiest time of year for market activity.”
