After the cranes

The last two towers completed in March, which makes this the first year Nine Elms can be read as a finished neighbourhood rather than a construction site.

Resale values sit roughly 6% below their 2022 launch pricing, which sounds worse than it is — that gap has closed by four points in eighteen months as the retail and park space filled in.

Rental yields are the real story: 4.9% gross on two-bedroom stock, the highest of any Zone 1 fringe area we track.