£15m+ deals double in bumper year for PCL

32 sales were tucked away above the £15m mark in 2021, according to Beauchamp Estates, with many going to buyers in their late 20s and early 30s

A flurry of sales at new-build schemes in Mayfair and Westminster could push the top-end tally significantly higher. Earlier this month, No.1 Grosvenor Square developer Lodha confirmed it had sold £310 million-worth of apartments in just seven weeks – at an average price of over £24m per apartment. This followed a similarly-upbeat report from Northacre at The Broadway in Westminster, and a record-breaking £11k psf deal at The OWO on Whitehall.