Savills has made 14 sales of homes worth more than £10m in London so far this year. In total, the sales are worth three times the value of similar deals done over the same period a year ago and 12% more that in 2007.
Three of the properties went for more than £20m.
Overall, Savills has handled £430m worth of transactions involving homes worth more than £5m, which is 76% more than last year.
While 70% of London homes worth more than £5m are acquired by international buyers, Savills says domestic buyers have also returned to the market as investors seek to beat the increase in stamp duty and spend bonus money.
Last year, says Savills, UK buyers accounted for 48% of the entire prime central London market, but over the past three months this figure has risen to 60%.
Jonathan Hewlett, head of Savills London, said: “We have had an incredibly strong start to the year at the top end and seen lots of early activity from across the world, with Russian buyers dominating.”
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