Sellers of prime property in London tend to move to other urban area, research suggests

Rather than escaping to the country, the majority of owners selling and leaving prime areas of London are heading to other suburbs, towns and cities, new research has found. Some 51% of those who sold up and moved bought a home in a town or suburb, but despite price differences only about a quarter moved to a prime location, according an analysis from Hamptons International and LonRes.

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