Knightsbridge area guide

Summary:

Knightsbridge, in the heart of London, is one of the most exclusive areas in which to live. Its proximity to acres of Royal Parkland, a wealth of expensive shops, grand hotels and foreign embassies has secured the popularity of Knightsbridge since Victorian times. Knightsbridge was and will remain a safe and respected area for long-term investment by both British and foreign buyers.

Properties:

Flats make up the vast majority of living accommodation. Pretty Victorian cottages in narrow streets with picturesque squares and quiet cobbled mews give parts of Knightsbridge a distinctly village atmosphere. It also boasts large, elegant 18th and 19th century terraced houses, grand mansion blocks of spacious apartment living as well as new developments of exclusive homes which include the multi-million pound properties. Knightsbridge continues to replace its unwanted 60's and 70's concrete eyesores with both commercial and residential properties.

Buyers:

Property in Knightsbridge is popular with diplomats and their families because of its closeness to Westminster as well as international executives - companies buy short term lease flats as a London base. International buyers are in the majority although the area remains a draw for the very wealthy English.

Sales Information:

The table below details the most recent sales information for this area, broken down by postcode, property type and average sale value.

Postcode	Detached	Semi-Det	Terraced	Flat / Mais	Total / Average
SW3	- -	- -	18 sales £2,972,222	77 sales £860,591	95 sales £1,260,690
SW7	- -	- -	10 sales £1,718,774	81 sales £1,084,054	91 sales £1,153,803
SW1E	- -	- -	- -	5 sales £765,000	5 sales £765,000
SW1H	- -	- -	- -	4 sales £1,141,250	4 sales £1,141,250
SW1P	- -	- -	- -	61 sales £706,959	61 sales £706,959
SW1V	- -	- -	9 sales £1,308,555	99 sales £580,320	108 sales £641,006
SW1W	- -	- -	8 sales £2,237,500	19 sales £1,228,993	27 sales £1,527,810
SW1X	- -	- -	5 sales £2,483,357	18 sales £1,785,555	23 sales £1,937,251

Source acknowledgement: Information produced by Land Registry. © Crown copyright material reproduced with the permission of Land Registry. This material was last updated on 11th Aug 2010. It covers the period from Apr 2010 to Jun 2010. Restricted Use. Users of this product must not copy, distribute, sell or publish any of the Crown copyright material without the formal permission of Land Registry. If you think any of the above information is incorrect please click here to notify the Land Registry.