What Are The Ten Most Expensive Areas In London?

According to data by Rightmove, these areas within London have been the 10 most expensive areas (overall average price) over the course of the last year:

* Please note that I have only included areas which have sold 50 or more properties over the course of the past year.

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“These areas are expensive! However, they do offer world-class amenities, transport, schools, restaurants and shops.”

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1. Knightsbridge

   Knightsbridge had an average price of £3,534,054 over the course of the last year. The majority of properties sold in Knightsbridge over the course of the last year were flats, which sold for an average price of £3,196,955.

2. Holland Park

   Holland Park had an average price of £3,007,139 over the course of the last year. The majority of properties sold in Holland Park over the course of the last year were flats, which sold for an average price of £1,399,915.

3. Belgravia

   Belgravia had an average price of £2,774,399 over the course of the last year. The majority of properties sold in Belgravia over the course of the last year were flats, which sold for an average price of £1,997,602.

4. Kensington

   Kensington had an average price of £2,573,262 over the course of the last year. The majority of properties sold in Kensington over the course of the last year were flats, which sold for an average price of £1,607,807.

5. South Kensington

   South Kensington had an average price of £2,534,407 over the course of the last year. The majority of properties sold in South Kensington over the course of the last year were flats, which sold for an average price of £1,850,388.

6. Chelsea

   Chelsea had an average price of £2,246,704 over the course of the last year. The majority of properties sold in Chelsea over the course of the last year were flats, which sold for an average price of £1,450,162.

7. Notting Hill

   Notting Hill had an average price of £2,210,113 over the course of the last year. The majority of properties sold in Notting Hill over the course of the last year were flats, which sold for an average price of £1,107,321.

8. St John’s Wood

   St John’s Wood had an average price of £1,819,242 over the course of the last year. The majority of properties sold in St John’s Wood over the course of the last year were flats, which sold for an average price of £1,017,944.

9. Hampstead

   Hampstead had an average price of £1,601,819 over the course of the last year. The majority of properties sold in Hampstead over the course of the last year were flats, which sold for an average price of £1,054,086.

10. Marylebone

    Marylebone had an average price of £1,531,439 over the course of the last year. The majority of properties sold in Marylebone over the course of the last year were flats, which sold for an average price of £1,398,758.

These areas are expensive! However, they do offer world-class amenities, transport, schools, restaurants and shops.

Would you be tempted to buy a home in one of the top 10 most expensive areas in London?