Main image: Sales in Kensington are up
More than 2,000 RBKC residents are earning over £1m a year
HMRC figures show that more than one in ten of the 18,700 people in Britain earning seven figures-plus live in Kensington & Chelsea; law firm warns on risk of losing "highly mobile" HNWI to other jurisdictions post-Brexit
What to read next
Millionaires’ Rows: Britain’s most expensive streets in 2021
There are now 11,673 streets in Britain where the average property value is over £1m, says Zoopla, which has crowned Kensington Palace Gardens as the UK's priciest address for the thirteenth year in a…
By PrimeResi
Infography: How much space does £5,000 buy around Britain?
It currently costs an average of £282 to buy a single square foot of property in the UK, according to Zoopla - rising to £1,491 in Kensington & Chelsea.
By PrimeResi
Crown Estate rolls out Battersea Power Station-inspired residents’ portal, created by Tomb Raider developer
Proptech firm Spike - which is run by the software developer behind the Tomb Raider game and chaired by former Battersea Power Station chief Rob Tincknell - has created a residents' portal for The Crown…
By PrimeResi
Most read
Super-prime broker Fatemi reports £700mn deal run
£100mn-plus sale among standout transactions as UK Sotheby's exec flags changing UHNW property tastes.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
By PrimeResi
UK Sotheby’s adds new directors covering PCL & West London
Luxury brokerage extends recruitment drive across prime postcodes with brace of sales appointments.
‘Buyers today have more choice than ever before’: Savills global resi chief on the battle for international wealth
Interview: Victoria Garrett discusses London’s place on the world stage, Dubai’s next phase, the impact of tax & geopolitics, and how developers are catering to an increasingly discerning clientele.
Investor snaps up nine Notting Hill flats in £11mn bulk deal
Agents flag renewed appetite for bulk resi acquisitions from overseas investors as prime London rents climb.
By PrimeResi
Where did the Knightsbridge buyer go? James Moran on PCL’s shifting geography
Middleton Advisors' London sales boss explores the changing fortunes of one of the capital’s most famous enclaves - and where today’s moneyed purchasers have been turning their attention.
By James Moran
In Pictures: Inside Christian Bense’s new Park Hyatt show homes
South African designer kicks off series of interiors collaborations at new high-rise addition to London’s luxury branded resi scene.
‘First hard evidence’ emerges of £2mn mansion tax effect on property prices
Fresh data confirms that transactions are 'bunching' below the incoming High Value Council Tax Surcharge threshold.
By PrimeResi
UAE developer lodges plans for 47-acre East London mega-scheme
Arada's team has drawn up a 'landscape-led masterplan' for the big Thameside West regen site.
By PrimeResi
Boutique agency secures high-profile £9mn listing at Riverwalk
Plumbing tycoon instructs Mayfair-based firm to find a buyer for his spectacular Thameside pad after upping sticks to Spain.
LATEST ARTICLES
New platform opens door to distressed property deals
Exclusive: Receiv-r promises an early heads-up on property and land opps - and already has a big-name brokerage on board.
£37.5mn Banda-designed super-duplex unveiled at The OWO
In Pictures: Top-end studio delivers 3,804 sq ft heritage-inspired residence at luxury Raffles-branded scheme in Whitehall.
Savills recruits new resi sales head in Guernsey
Agency hires former Chestertons manager to run its expanding team on the island.
Value is in the eye of the buyer: Frances McDonald on Prime Central London’s new market reality
The Savills research chief highlights key trends at play in PCL, including some surprising statistics...
‘Pain in the post’ for UK housing market as transactions slip
Activity will be squeezed in the final three months of the year as the impact of higher mortgage rates from the Middle East conflict takes its toll, warns Knight Frank.