New research by property brokerage Jefferies James identifies London's boroughs with the highest concentration of 'prime' properties, defined as those priced at £2 million or more. Kensington and Chelsea leads with over 32% of its listings in this category, followed closely by Westminster at 30.9%. Other notable boroughs include Camden, the City of London, and Hammersmith and Fulham. While areas like Barking and Dagenham have no properties priced over £2 million, the study underscores London's diverse property landscape and highlights significant disparities across different boroughs.
Kensington and Chelsea has the largest proportion of posh homes in the city, with over 32 percent of properties listed for £2m or more.
The City of Westminster follows closely with 30.9 percent of its properties also on sale for £2m or more, making it a hotspot for luxury real estate.
Research shows that only 6 percent of all properties in London are priced at £2 million or above, with several boroughs surpassing this average significantly.
Barking and Dagenham ranks the lowest, with zero properties over £2 million, highlighting the stark disparity in London's property market.
Collection
[
|
...
]