An company says it now sells extra prime London properties than any of its rivals.
Chestertons makes the declare based mostly on figures offered by knowledge firm LonRes. Chestertons says it elevated market share promoting 11.8 per cent of all properties bought in prime London in 2020, in comparison with 10.6 per cent in 2019.
“Figures present that within the house of 4 years since 2017, it has additionally elevated its market share within the ultra-competitive ‘Prime Central London’ area from 6.6 to eight.0 per cent” the company claims.
Business figures over market share and the obvious pecking order of brokers have been muddied by completely different definitions of precisely what constitutes ‘Prime Central London.’
LonRes knowledge units out PCL as properties inside the postcodes SW1X, SW1W, SW3, SW10, SW7, W1K, W8, W1J and SW1A.
A press release from Chestertons – which says it’s delivered 4 consecutive years of “natural progress” – says it was properly ready for the primary lockdown nearly a yr in the past and shortly pivoted providers in direction of digital excursions, distant valuations and employees working from house.
The corporate says it was “due to this fact properly ready for the surge of consumers and tenants that have been clamouring to maneuver as soon as restrictions have been lifted, and elevated income from its lettings division by eight per cent and from its gross sales division by seven per cent.”
Company chief govt Man Gittins says: “To have efficiently navigated our manner via one of the crucial difficult years in residing reminiscence and ship a fourth consecutive yr of natural income progress is an achievement of which we’re extremely proud and testomony to the relentless exhausting work and dedication from each single individual at Chestertons.
“The staff’s willpower and willingness to adapt, mixed with Chestertons’ progressive tradition, continues to drive the enterprise ahead and was recognised by … LonRes once they confirmed we had bought extra properties in Prime London than some other agent in 2020”.
