Belgravia being one of the richest parts of London, is the height of elegance that features majestic white stucco homes and prestigious garden squares. It's so close to Buckingham Palace that you might even see a royal wave.
The richest neighbourhoods in the UK are all located in London, with the areas of Kensington and Chelsea and Hammersmith and Fulham topping the list. In October, the Office for National Statistics (ONS) released its latest data based on the total gross disposable household income (GDHI) across the country in 2020.
In 2022, Belgravia and Knightsbridge took the reigning crowns as London's most expensive neighbourhoods. However, between January and May 2023, Mayfair and Hyde Park have found themselves claiming the high-end housing trophy.
Much of Belgravia, known as the Grosvenor Estate, is still owned by a family property company, the Duke of Westminster's Grosvenor Group, although owing to the Leasehold Reform Act 1967, the estate has been forced to sell many freeholds to its former tenants.
Head to Elizabeth Street to discover one of the prettiest and most Instagrammable streets in London. Just a five-minute stroll from Sloane Square and Victoria stations, the flower-filled street merits exploration for its cosy restaurants and cafes, independent fashion boutiques and homeware shops.
The East End has always contained some of London's poorest areas. The main reasons for this include: The medieval system of copyhold, which prevailed throughout the Manor of Stepney into the 19th century. There was little point in developing land that was held on short leases.
Central London has one of the highest density of millionaires in world so you would bump into one just spending a lot of time in Central London (Kensington, Mayfair, Knightsbridge, Covent Garden, Belgravia Chelsea, etc). Dine at Michelin Star restaurants.
Tower Hamlets remains highly deprived relative to other London Boroughs. Tower Hamlets is the most deprived borough in London on three of the five summary measures (the average score, the extent and the most deprived ten per cent measures).
Bishops Avenue, nicknamed 'Billionaires Row', in north-west London is one of the richest streets in the capital, with some homes nestled in the private road worth up to £350m. It's home to sultans, sheiks and newspaper magnate Richard Desmond, who City A.M. is told remains a longstanding resident of the infamous strip.
Everybody knows that London is home to world-famous celebrities from all across the globe. Neighbourhoods like Kensington and Chelsea, Belgravia, and St. John's Wood are filled with some of London's most expensive luxury homes and are lived in by some of the most recognisable faces on the planet.
So, why Clapham? Well, the area is central and well-connected to the City of London. It's long been popular with young professionals (aged between 25 and 34) who share spaces with peers in similar high-paying jobs.
It may come as no surprise that Kensington, Belgravia and Knightsbridge all make the top five. If you're looking to secure a house of your own in these areas, you'll need around £7 million for a property in Belgravia and £16 million for Knightsbridge.
As the city expanded that land became hugely valuable and the Grosvenor family developed it into what are now some of the most exclusive neighbourhoods including Mayfair, Pimlico and Belgravia.
Joan Collins, Sir Michael Caine, Sir Lawrence Olivier, Sir Christopher Lee, Vivien Leigh, Lillie Langtry, actress and famous mistress of Edward VII, Sarah Brightman, Sir Andrew Lloyd Webber and Elizabeth Hurley plus James Bond actors Sean Connery and Roger Moore have all lived in Belgravia, as did Ian Fleming – the ...
“Eaton Place in Belgravia appears in the list with a £37.5m sale, but Belgrave Square is a far more expensive address and were you taking into account last year, it would have included a house that sold for £100m.”
Specifically, boroughs such as Harrow, Brent, Hounslow, Hillingdon, Ealing, Redbridge, Newham, Barnet, and Croydon are the best places to live in London for Indians. With those more well-off, that of particular demand is Northwood, a quiet suburb that is turning into an Indian “Millionaires' Row”.
As well as having so many established UK HQs in the county, the area also boasts fantastic schools, stunning countryside views, and a variety of entertaining amenities. All of this and low crime rates makes it easy to see why so many are choosing to live in Surrey.
