9 Richest Neighborhoods in London

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The richest neighborhoods in London serve as a living testament to the affluent and upscale living of some of the elite citizens of England. For most people, the first thing that comes to mind when they hear about London is its rich history, vibrant culture, beautiful landscapes, and stunning architecture.

However, you should also know that London features some of the world’s most attractive and wealthiest neighborhoods. So, if you want to know more, you need to check out our list of the 9 richest neighborhoods in London.

9. Notting Hill

Median home value: £2.1 million
Year founded: 1800s
Population: 2,974 (as of 2021)
Land area: No exact land area

Notting HillImage source: Shutterstock

Notting Hill is an affluent and trendy neighborhood in the Royal Borough of Chelsea and Kensington. What made Notting Hill charming is its colorful houses and charming streets.

The most popular section of Notting Hill is the Portobello Road Market, which was built in the 19th century. The market is famous for its large antique markets. Visitors from around the world visit Notting Hill to see the market and other high-end shops around the area.

Moreover, you should not miss Notting Hill Carnival in August and the Electric Cinema.

The residents of Notting Hill are diverse. The multicultural population gives you a unique experience of knowing different people with various backgrounds without leaving London.

Did you know?

In the past, Notting Hill served as orchards and farmland. It was only in the 19th century that the area saw quick urbanization.


8. Hampstead

Median home value: £2.2 million
Year founded: the 17th century
Population: 9,045 (as of 2021)
Land area: 13.4 sq miles (34.7 sq km)

HampsteadImage Editorial credit: andreyspb21 /: Shutterstock.com

The Hampstead neighborhood is located in northwest London and is best known for its stunning architecture, picturesque residences, luscious green spaces, and historic landmarks.

If you visit Hampstead, you should never miss getting to Hampstead Heath. It’s a 790-acre park, which was a forest in the past. It features rolling hills, meadows, ponds, and woodlands.

Did you know?

Hampstead is rich in artistic and literary history. For example, Hampstead was the residence of famous artists, including John Constable, Daphne du Maurier, and John Keats. Historic pubs include The Holly Bush, built in the 18th century.


7. St. John’s Wood

Median home value: £2.6 million
Year founded: 1732
Population: 13,700 (as of 2020)
Land area: 1 sq mile (2.5 sq km)

St. John's WoodImage Editorial credit: cktravels.com / Shutterstock.com

If you’re looking for a place to call home, you must find a house in St. John’s Wood. The neighborhood features elegant white stucco-fronted houses, picturesque streets, and attractive garden squares. Every corner of the neighborhood emits an element of elegance and vibrance.

What’s great about St. John’s Wood is its proximity to other spectacular neighborhoods in London since St. John’s sits at the heart of the city.

You would also be amazed at the luxury boutiques, gourmet restaurants, and designer shops in St. John’s Wood. The sophisticated neighborhood combines city living with a peaceful ambiance.

Did you know?

Perhaps, the most popular street in St. John’s Wood is Abbey Road. The famous pedestrian crossing appeared on the Beatles’ album cover. The Abbey Road Studios was also where the Beatles recorded many of their songs.


6. Kensington

Median home value: £2.7 million
Year founded: 1965
Population: 143,375 (as of 2021)
Land area: 4.7 sq miles (12 sq km)

KensingtonImage source: Shutterstock

Kensington is teeming with beautiful, stunning, and luxurious real estate, making it the most sought-after neighborhood among London’s elites.

It is not just the houses and architecture that make Kensington famous. It is also a cultural landmark of London that hosts famous museums such as the Science Museum, Natural History Museum, and Victoria and Albert Museum.

Aside from that, some of England’s most prominent artists, writers, and musicians live or have lived here.

Did you know?

Kensington is best known for the Kensington Palace, which serves as the residence of the royal family as well as the Duke and Duchess of Cambridge. It was also the residence of Queen Victoria when she was still alive.


5. Chelsea

Median home value: £3.3 million
Year founded: early 17th century
Population: 156,197 (as of 2018)
Land area: 4.68 sq miles (12.12 sq km)

ChelseaImage source: Shutterstock

The Chelsea neighborhood is one of the most highly coveted real estate in London. Much of London’s history happened here, and the place has so many cultural, educational, and historical landmarks.

For example, you have the oldest botanical garden, the Chelsea Physic Garden, built in 1673. Today, it takes care of more than 5,000 species of plants. Other famous landmarks include the Chelsea Flower Show, Duke of York Square Market, Cross Keys, and others, which are too many to mention.

When you go around Chelsea, you’ll find old but elegant townhouses. You’ll be surprised how these houses survived, knowing they were built in the 18th and 19th centuries.

Did you know?

Chelsea hosted the first-ever recorded soccer game in 1863. The game was played in the Royal Hospital Chelsea.


4. Belgravia

Median home value: £3.8 million
Year founded: 1820s
Population: 18,800 (as of 2019)
Land area: approximately 0.61 sq miles (1.58 sq km)

BelgraviaImage Editorial credit: pxl.store / Shutterstock.com

Belgravia could easily be considered to be the wealthiest neighborhood in London. It is located right in the center of the city. You’ll find elegant and impressive architectural buildings. Belgravia comes with beautiful garden squares, luxurious boutiques, and sophisticated restaurants.

When it comes to garden squares, you won’t be disappointed as you visit Chester Square, Eton Square, and Belgrave Square. Aside from these, you can explore the entire neighborhood and get a glimpse of England’s rich history and culture through its streets.

Did you know?

It’s no surprise that Belgravia looks fantastic and luxurious because it was originally built as an upscale residential area for the upper class of London’s residents.


3. Mayfair

Median home value: £3.9 million
Year founded: 1660s
Population: 5,100 (as of 2021)
Land area: 0.30 sq miles (0.08 sq km)

MayfairImage source: Shutterstock

Mayfair is one of the brilliant gems of Croydon, South London, and it is home to the best of the best houses in the city. Its streets are lined with thick and shady trees, while all around, you’ll find spacious green lawns improved by a peaceful atmosphere.

Mayfair has its own list of beautiful parks as well. You can visit Mayfield Park and Ashburton Park, where you can bike, hike, or stroll with your dear friends.

Did you know?

The name Mayfair was derived from the annual May Fair held in the area, popularly held from 1686 until 1764. Mayfair is still one of the most popular shopping destinations among locals and tourists.


2. Regents Park

Median home value: £4.4 million
Year founded: 1811
Population: 4,238 (as of 2021)
Land area: 0.64 sq miles (1.66 sq km)

Regents ParkImage Editorial credit: Flar Foster / Shutterstock.com

The Regents Park is located in the City of Westminster, at the western end of London. Regents Park is known to be the largest park in London and is considered by many as the most beautiful park.

The streets of Regents Park are dotted with luxurious apartments and elegant houses inspired by Georgian and Victorian architectural styles. Other attractions of Regents Park include the London Zoo and Open Air Theatre.

Did you know?

Regents Park was a swampy area, and it was called Marylebone Park. It was the same place where Henry VIII used to hunt. In the 19th century, the park was redesigned and renamed the place after the Prince Regent, who would later become King George VI.


1. Knightsbridge

Median home value: £4.6 million
Year founded: the 18th century
Population: 9,270 (as of 2011)
Land area: Approximately 0.52 sq miles (1.35 sq km)

KnightsbridgeImage Editorial credit: Gregorio Koji / Shutterstock.com

Knightsbridge is the richest neighborhood in London. Wealthy landowners built the place in the 18th century. Although Knightsbridge was formerly a farming land, it immediately grew into an affluent neighborhood as more and more rich people lived there.

In the passing of time, beautiful grand terraced houses and mansions were built. Some of these structures became iconic landmarks and cultural centers of the place. You’ll find luxurious hotels, high-end shopping centers, and fine-dining restaurants all around Knightsbridge.

Did you know?

The name Knightsbridge came from the bridge that the knights in the 12th century used to cross. The bridge was built over the River Westbourne. The Knightsbridge neighborhood is also home to One Hyde Park, touted to be one of the most expensive houses in the world.

rarest_alvin

Head of Content at Rarest.org

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