Prime Central London has seen a rebound in high-end housing supply with more sellers bringing £2m+ homes to market at the start of 2026.
Analysis from Jefferies London shows the number of homes listed for sale at £2m or more increased by 2.7% in Q1 2026.
The uptick reverses a 9.3% decline recorded in Q4 2025, pointing to renewed confidence among prime sellers following a quieter end to last year.
As a result, £2m+ properties now account for 35.5% of all stock across Prime Central London.
STRONGEST GROWTH
The strongest growth was seen in Regent’s Park, where £2m+ listings rose by 21.2%, followed by Marylebone (17.4%) and Victoria (9.3%). Other prime areas including Mayfair, Knightsbridge and Belgravia also recorded increases in high-value stock.
Only a handful of markets saw a decline, with Maida Vale, Chelsea and Holland Park among those recording quarterly falls.
RENEWED CONFIDENCE
Damien Jefferies (main picture, inset), Founder of Jefferies London, says: “Having seen high-end stock levels fall during the final quarter of last year, our latest research suggests that there is renewed confidence on the side of prime London sellers as we move through the opening months of 2026.
“When the Autumn Budget introduced the £2m+ council tax surcharge there was an expectation that it could discourage owners from bringing these homes to market. However, what we’re seeing instead is that sellers remain confident in both the depth of demand and the long-term appeal of the prime London market.
“The start of the year is traditionally a far more active period for the property market and many sellers who held off during the latter stages of 2025 now appear to be taking advantage of improving sentiment.
“Whilst buyers remain selective, there is still a great deal of appetite for high-quality homes across Prime Central London and the increase in £2m+ stock suggests sellers are feeling increasingly positive about market conditions.”
