Off-plan buyers gain £26,000 before completion, data shows
Original Article Summary
Buyers purchasing new-build properties off-plan in London have seen average gains of £26,000 before completion, according to analysis by Foxtons. The estate agency's data shows that new-build house prices across the capital have increased by an average of 0.23% per month over the past five years. The post Off-plan buyers gain £26,000 before completion, data shows appeared first on PropertyWire.
Investor Analysis
Foxtons analysis shows London off-plan buyers average £26,000 in paper gains before completion over a 21-month build period, with borough-level variation ranging up to £40,244 in Islington — though off-plan sales are at a 12-year low nationally.
Investor Relevance
Directly relevant to investors evaluating off-plan acquisitions in London: the data quantifies embedded capital appreciation potential as a return component, improving pricing judgements and exit assumptions at acquisition stage. The counterpoint — a 12-year low in off-plan sales nationally — signals financing risk for developers and supply pipeline uncertainty for investors.
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