5 Of The Most Expensive Areas In Which To Buy A Home

Crop pondering man analysing expenses and taking notes

Want to buy a home in London? You’re not alone. London is well known to be one of the most expensive cities in the world to live in and one of the hottest destinations. Many reasons tell the story of why this is the case. For starters, London has something to offer everyone. The city is awash with museums, restaurants, theatres, and many sought-after sightseeing attractions. It is culturally rich with a diverse population of many ethnicities and languages. What are the most expensive residential areas in London?

Knightsbridge – This is a very desirable place to live, located in Central London, and perhaps the most expensive area in London. It lays claim to residents from many wealthy families and is home to several prestigious dignitaries. It offers a charm and character that is unique, and it brings the community together to foster a compelling relationship among its neighbours.

West Brompton – This is also a very desirable neighbourhood in London to call home as it is included with the boroughs of Chelsea and Kensington, which are also famous. The average price for property in this region is £4,204,556.

Kensington – Kensington Palace resides here, of course, along with many celebrities and politicians. This neighbourhood has many homes with underground swimming pools, museums for vintage automobiles, in-home cinemas, and many other sources of high-end entertainment.

Chelsea – This is another affluent area located in West London that has attracted famous rock bands, including the Beatles and the Rolling Stones. It offers high-end eateries and upscale boutiques.

City Of Westminster – This area is located in Central London and is a very popular area, being home to many important landmarks and institutions, including Buckingham Palace, 10 Downing Street, and the Houses of Parliament, to name just a few.

Expensive London Area

Although not listed in the above five, Mayfair has an average home price of £6,569,082 and it is the most expensive area in London to buy a home. It is known as one of the poshest areas, with a plethora of auction houses, including Sotheby’s, and high-end art galleries. New Bond Street is a very exclusive shopping district in Mayfair and is said to be the second most expensive retail strip in Europe, right after the Champs-Elysees in Paris.

When buying a home in an expensive area, ensure you hire a highly reputable property-buying company, such as GoodMove.co.uk. You will immediately be able to see their high level of service and commitment to selling your home, along with your personal satisfaction. They will buy your home for up to 85 percent of the market value; they will pay you cash; and they will have the sale completed in about three weeks.

When you want to know how to buy a home in an expensive area, a property purchasing company is the way to go. There won’t be any fees and they will take care of your needs fast.

We are proud members of...

  • NAPB
  • RICS
  • The Property Ombudsman
  • Trading Standards

We are proud to be the most regulated property buyer operating in the ‘Quick House Sale’ industry. We are an active member of the NAPB (National Association Of Property Buyers) and are RICS regulated, which means you can have every confidence of selling your home with us quickly & easily.