In this blog we look at the top ten most expensive places to live in London. We look at the typical property price in the area and what makes the area attractive to potential property buyers in that area.
- Knightsbridge
Average House Price – £3.96million
Why live there – Knightsbridge is synonymous with luxury, known for its high-end shopping on streets like Brompton Road and Sloane Street. It’s home to Harrods, one of the world’s most famous department stores, and close to cultural landmarks like the Victoria and Albert Museum. The area boasts Hyde Park for recreation and is a magnet for international buyers and celebrities due to its prestige and proximity to central London’s amenities.
- Kensington
Average House Price – £2.23 million
Why Live there – Kensington is celebrated for its cultural institutions including the Royal Albert Hall and Kensington Palace. The neighbourhood features beautiful garden squares, a sophisticated dining scene, and excellent schools. It’s appealing for those seeking an upscale lifestyle with a touch of British heritage, surrounded by some of London’s best museums and galleries. Offers access to some of the world’s best shopping. High demand among the affluent, both domestic and international.
- Chelsea
Average Property Value – £1.67million
Why Live there – Chelsea combines art, culture, and history with the Kings Road being a focal point for fashion and art galleries. The area is known for its charming streets, elegant townhouses, and proximity to the River Thames, offering waterfront living. Chelsea also hosts the Chelsea flower show adding to its allure for garden lovers and those valuing community and tradition.
- Belgravia
Average Property Value – £3.10 million
Belgravia is defined by its grand white stucco-fronted houses and exclusive squares like Eaton Square. It’s near Buckingham Palace, providing a regal atmosphere. The area is quieter than its neighbours, offering a more secluded, luxurious lifestyle with access to high-end boutiques and gourmet restaurants.
5. Mayfair
Average Property Value – £1.43 million
Mayfair is the epitome of luxury with its Georgian townhouses, prestigious private clubs, and proximity to Hyde Park. It’s a hub for fine dining, with numerous Michelin-starred restaurants, and features luxury shopping Bond Street. Its central location is perfect for those who want to be at the heart of London’s business and entertainment scenes.
6. Westminster
Average Property Value – £1.69 million
Known for its political significance, Westminster includes landmarks like the Houses of Parliament and Westminster Abbey. It’s ideal for those interested in politics or history, offering a mix of modern apartments and historic homes. The area also provides access to cultural attractions and is close to the West End’s theatre district.
7. Notting Hill
Average Property Value – £1.1 million
Notting Hill blends bohemian charm with upscale living, famous for its colourful houses, Portobello Market and the Notting Hill Carnival. It attracts artists, creatives, and those who appreciate a vibrant community life alongside luxury living, with plenty of local eateries and independent shops.
8. Hampstead
Average Property Value – £1.72 million
Hampstead offers a village-like atmosphere within London, known for its literary and artistic history. It’s close to Hampstead Heath, providing extensive green spaces for outdoor activities. The area is also home to excellent schools and has a rich cultural scene, appealing to those seeking a quieter, yet culturally rich, environment.
9. Marylebone
Average Property Value – £1.37 million
Marylebone is known for its village vibe with a touch of modernity. It features historic architecture alongside contemporary developments, with Marylebone High Street offering unique shopping and dining experiences. Its proximity to Regents Park and the medical district adds to its appeal for families and professionals.
10. Highgate
Average Property Value – £1.65 million
Highgate provides a blend of rural charm and city convenience, with its proximity to Hampstead Heath. It’s known for its historic pubs, literary associations, and expansive views from Highgate Hill. The area is quieter, making it ideal for those looking for a peaceful retreat with easy access to central London.
These areas are not just about high property values but also offer a lifestyle marked by cultural richness, historical significance, and exceptional amenities, making them top choices for those who can afford to live in such prestigious areas of London.
To discuss high net worth mortgages in any of our top ten most expensive places to live in London please do get in touch with a London mortgage broker.
