London’s super prime residential market is rapidly expanding outside its traditional core of Westminster, and Kensington & Chelsea, research from private client law firm Boodle Hatfield has found.
Sales of residential properties worth more than £5 million in Westminster and Kensington & Chelsea fell by 23 percent from 339 to 262 last year whilst sales in the rest of London for £5 million homes rose by 19 percent from 90 to 107. Sales of £5 million+ residential properties outside London reached a new high of 47.
New developments reaching completion in 2019 in Southwark and Camden have contributed to these ch...