Investors seeking capital appreciation in the country’s most expensive residential markets have been given new data by a leading agency.

Bective has revealed which prime London postcodes have put in the strongest performance over the last five years where property value appreciation is concerned.

The agency’s analysis of Lonres data shows that the average value of a flat in the prime central market has fallen by 10.2 per cent since 2016, now at £1,730 per square foot. 

Similarly, flat values have also fallen across the wider prime London market (down 3.7 per cent) and the prime London fringes (down 4.0 per cent).

At the same time, the average value of a house in the prime central market has fallen by 4.4 per cent to £1,893 per square foot. 

However, across the wider prime London market, house prices have climbed by a notable 15.3 per cent while they’ve remained largely flat across the fringes.

When dissecting the market at postcode level, there are a number of prime postcodes that have seen high-end home buyers enjoy positive movement in the value of their home. 

Although the W8 postcode is the only central prime area to have seen flat prices hold their value over the last five years, house prices have climbed by 11.2 per cent while in the SW1W postcode, house prices have also increased by 16.9 per cent.

Across the wider prime London market, the NW3 postcode has seen the average flat value jump by 9.9 per cent while in W1W this growth climbs higher still to 29 per cent.

The NW3 postcode has also seen the average value of a house increase by 19.2 per cent, while the W1H postcode leads the pack with a huge uplift of 94.7 per cent in the average value of a house. 

Looking forward, Bective expects to see a central prime property revival in the form of a 21 per cent uplift in overall resi values over the coming five years.

It also predict a 16 per cent increase across the wider prime market by 2026, with the prime London fringes also seeing property prices climb by 11 per cent in value.