Top London rents fall to lowest level since 2000

Prime central London rents have dropped by 18% since last year as supply increases by almost 70%, bringing rents in some of London's most prestigious areas to a near decade low.

Falls are most pronounced at the top end of the market, over the £1,500 per week mark, which have fallen a record 11% over the last quarter, according to research by high end estate agent Knight Frank.

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