Recent data from the Coutts London Prime Property Index revealed that while million-pound homes have increased in price, growth is slow and is shrinking in some areas.

More than a third (37.2 percent) of million-pound homes in London were sold below asking price in Q1 this year, with buyers negotiating ‘discounts’ by an average of seven percent.

However, million-pound homes in areas outside of central London, such as Hampstead, Highgate, Islington, and Barnes increased by 13.5 p...