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Mayfair property market highlights

Each month the Foxtons Park Lane manager will report on the property market in the Mayfair area.

Property reports

Report published August 2008

Read the Mayfair sales market highlights

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It is impossible to take a wander through Mayfair without noticing the Grosvenor family stamp.

The name has been synonymous with estate and wealth since Duke of Westminster Richard Grosvenor married Mary Davies in 1677, heiress to 500 acres of land on the outskirts of London.

As the city began to sprawl, the value of this vast acreage sky-rocketed and was developed into the fashionable districts of Mayfair, Belgravia and Pimlico.

More than 500 roads, streets and squares now bear the family names including one of the most prominent enclaves in London, Grosvenor Square. The square, built in 1710, has stood among the top addresses in the city for centuries and it is quite the local landmark. Mentioned in such literary classics as The Importance of Being Earnest, The Picture of Dorian Grey and Pride and Prejudice, it was the site of a major political event in 1968 when 8,000 demonstrators besieged the American Embassy to protest against the Vietnam War. A three bedroomed apartment that we are currently marketing here offers expansive lateral living space; perfect for entertaining or accommodating a wealth of fine furniture.

A private balcony is ideal for enjoying the sun and the flat offers beautiful views across the square. With a location in the heart of Mayfair this property is ultimate luxury city pad. Foxtons.co.uk/3227659 This recently refurbished three bedroomed apartment let at the asking price of 1,400 per week on a 36 month corporate contract. We recently let this three bedroomed apartment with high ceilings, parquet floors and elegant décor for 2,000 per week on a short term corporate contract.

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Foxtons Park Lane Area Magazine
Foxtons Park Lane Area Magazine

Each month our Foxtons Park Lane office manager will report on the property market activity in the Mayfair area.

You can read the Mayfair report here each month, or if you prefer, you can download our magazine or request a copy be delivered to your door.

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