Hurford Salvi Carr, leading property advisors and development consultants for the City, Midtown and Docklands, release exclusive findings of their Midtown, City and Docklands Residential Review(http://www.hurford-salvi-carr.co.uk/research) specific to these districts of the capital.

2015 is expected to bring fewer sales and more letting transactions, with strong rental markets across Midtown, City and Docklands. There will be a two tier sales market with demand for properties up to £1 million continuing to attract buyers and a slower market at prices over £1 million.

As the market slowed in 2014, two segments of the market bucked the trend.  Demand for entry-level one-bed apartments continued to outstrip supply so that it will be no easier to buy a pied-a-terre in Central London in 2015 than it was in 2014.  The other segment to buck the trend was Docklands, where demand strengthened, as buyers looked to East London, to deliver value for money, although plentiful supply kept a lid on price increases.

Over the whole year, property prices rose by an average of 4% in 2014 in City, Midtown and Docklands.

Strong demand from UK buy to let investors is expected in 2015 with a concentration on sub £750,000 levels where returns are most attractive.

Hurford Salvi Carr (http://www.hurford-salvi-carr.co.uk/) has five offices across the capital, operating in Bloomsbury, the City, the City Fringes and Docklands. November 2014 saw the opening of their new 2,000 sq ft high profile office at 227 City Road, with a focus on Islington and Shoreditch and the much sought after sky-scraper corridor between Angel and Silicon Roundabout.

For further information please contact: Kristina Kis or Lizzie Peters at Coverdale Barclay on 020 7 434 1780 or email [email protected].