Wetherell Mayfair Market Report – October 2019
“Freedom from want” – “Freedom from fear”
“Freedom of speech” – “Freedom to worship”
These are the inscriptions on the raised platform of the President Roosevelt statue (that stands on the north side of Grosvenor Square gardens) created by Scottish sculptor William Reid Dick and unveiled in 1948.
FDR (1882-1845) was president from 1935 to 1945, seeing the US through the Great Depression and the Second World War.
During the 20th century, Grosvenor Square became known as “Little America” as its history is engrained with a strong American presence. For example, John Adams, the second president of the U.S, was once the ambassador (1785- 1788) and located at number 9 Grosvenor Square.
NEW WETHERELL INSTRUCTION
GROSVENOR SQUARE – £18.95M
An immaculate interior designed 4 bedroom apartment of 3,541 sq.ft. situated on the 3rd floor with South facing views over the gardens of Grosvenor Square from the five windows of its 43’6” reception room. Price: £18.95M
FOUR SEASONS RESIDENCES NOW OPEN
20 Grosvenor Square was used as the headquarters for the United States Navy in Europe until 2009 and this month I had the honour of attending the launch party to celebrate the redevelopment and officially unveil the residences comprising thirty-seven three- to five-bedrooms with interiors by Finchatton.
GROSVENOR ESTATE VISION
CONSULATION FOR GROSVENOR SQUARE
Grosvenor launched an open international ideas contest to transform Grosvenor Square with architects, designers, horticulturalists, artists and creative thinkers coming up with imaginative proposals to transform the historic but often unnoticed residential square into ‘one of the world’s leading public spaces’.
Grosvenor have erected some information boards in the square which will stay in place for several weeks. Do review the information on display and leave them your feedback.
TOPPING OUT CEREMONY
‘The most important corner of Hyde Park’– Rafael Viñoly – Architect
The iconic London skyline is about to welcome its
newest arrival. This month I also attended the topping out ceremony for The Bryanston, Hyde Park – the 19th floor roof terrace of the residential tower in the Marble Arch Place development by Almacantar.
Located at the top of Hyde Park, opposite the historic Marble Arch, The Bryanston Hyde Park sits on the edge of Mayfair and Marylebone, in the very heart of the established Portman Estate. It will be the only prime development to have far reaching Southerly views over London’s largest Royal Park.
A selection of 54 one to five bedroom apartments for sale with 3 metre ceilings in principle rooms, 25m Swimming Pool, Gym/Wellness Centre, Private Screening Room, Children’s Creche and private Parking.
Marketing Suite now open. Call Polly Ballantine 020 7529 5568 / [email protected]
An immaculate and beautifully transformed maisonette in the heart of Mayfair Village.
3 Bedrooms and 4 Reception Rooms. 3,434 sq.ft. Price £10M
MARYLEBONE VILLAGE WEST
This month also saw the Wetherell launch 32 homes in the £90M new development of One Molyneux Street with joint agents JLL.
A selection of 1-3 bedrooms from £1.325M to £4.95M.
Marketing Suite now open.
Call Polly Ballantine 020 7529 5568 / [email protected]
THE LAST ONE REMAINING
Situated on the 2nd floor the approach overlooks the amazing 4 story entrance hallway.
After a frenzy of activity in Mayfair’s No.1 development – Clarges Mayfair – a new 34 apartment building with 7- star hotel facilities – only one apartment remains. £3.75M
AWARD WINNING WETHERELL – TOP 3% IN COUNTRY
I also attended the Rightmove “Best Estate Agents Awards 2020” and picked up the Wetherell award certificate for Marketing / Service / Results.
Over the country, Rightmove analysed over 1 million listings, each compared with every agents’ patch – in total over 3 billion datasets plus carrying out over 20,000 mystery shops. After analysing all the results, they established the top 20% of branches and thus the top 3% of estate agencies in the country.
The main statistic I took away from the awards was that 9 out of 10 sellers expect to complete their sale within 3 months but that nearly 25% of transactions took 6 months or more.
The other more encouraging data set was that 47% of owners visit a branch office whilst researching who to instruct on the rental of their property whilst only 15% look at the portals. The high street model of estate agency lives on!
THURSDAY 28TH NOVEMBER 2019
18:30 – LIGHTING CEREMONY
THE CONNAUGHT CHRISTMAS TREE
& THE MOUNT STREET LIGHTS