London is one of the most expensive cities to live in in the UK. London is home to some of the richest people in the UK. There are many attraction sites in London and its suburbs attract many celebrities and tourists from around the world. The average property price in London is £3 million. Besides, London hosts some of the most successful startups and corporates in the UK.
If you are wondering, where millionaires live in the UK, you are in the right place.
Where Do the Rich Live in London?
The following are some of the most expensive neighbourhoods in London for those who are considering moving to the UK.
Knightsbridge is the most expensive neighborhood in London and an epitome of luxury. It is well known for its famous shopping destination; Harrods department store. It also hosts some of the billionaires’ luxury brands like Gucci and Prada.
Knightsbridge also hosts the wealthiest peoples’ banks. Other iconic features you will find are fine dining restaurants and fashion stores that make it one of London’s rich neighborhoods. The average property price is £4,328,333.
2. West Brompton
West Brompton is one of the rich suburbs in London. It is full of Landmarks like Chelsea Football Club. It also hosts other landmarks like Earls Court Exhibition Centre and Troubadour Café where Bob Dylan first performed.
It is a popular place to visit for those who can afford it. West Brompton is a home for the richest people in the UK and the property price is £4,204,556.
Kensington is also one of the places where rich people live in London. Kensington comprises Victorian buildings like Royal Albert Hall and has a cosmopolitan feel. There are also significant landmarks like Natural History Museum, the Science Museum, and the Kensington Palace.
Many Kensington residents are businesspeople and many other politicians. There are many booming nightlife scenes and many affluent buildings are coming up. Besides, there are many gardens, bars, and clubs. The average property price is £2,568,533.
4. Notting Hill
Notting Hill is another most expensive London neighborhoods. Notting Hill is well known for Notting Hill Carnival and Portobello Road and has retained its bohemian culture. There are also many affluent and brightly colored buildings, theatres, and music venues.
Many celebrities are attracted to Notting Hill due to its famous markets, boutiques shops and vintage shops where they come to shop. The average property price is £1,927,234.
Westminster is another place where millionaires live in the UK. It has some of the most remarkable institutions and landmarks like the House of Commons and House of Lords. It also hosts a royal palace and is the home of the Prime Minister.
Some of the most expensive streets in Westminster are Oxford Street, Regent Street, and Bond Street. These streets are always packed with many tourists due to their many tourist attraction sites. The average property price is £1,887,883.
Camden attracts some of the richest residents in London. It has rich neighborhoods and is associated with people in the music industry. It is known for live music venues and has a diverse culinary scene. The average property price in Camden is £1,823,000.
7. Primrose Hill
Primrose Hill rose to become one of the wealthiest neighborhoods in London due to the many celebrities who resided in the area. Some of these celebrities include Liam and Noel Gallagher of Oasis.
Recent celebrities who reside in the town include Daniel Craig and Stefano Gabbana. You are likely to find many other celebrities flocking in places like cafes and gastropubs. The average property price in Primrose Hill is £1,764,381.
Chelsea is one of the most expensive neighbourhoods in London. It is where many rich people live in London. You will find many artistic streets and fashion stores in Chelsea. Chelsea is a home to rich and famous people and celebrities such as Rolling Stones members.
Some of the celebrities that call Chelsea home include Mr. Bean, Virgin Group Founder Richard Branson, and Rowan Atkinson. It hosts some of the most extravagant properties with an average property price of £1,761,800.
Hammersmith is another rich London areas with high-end houses for the rich. It is known for Fulham Football Club, Hammersmith Chess Club, and Water Polo Club. It is home to many celebrities and affluent visitors. Wealthy people prefer to live in Hammersmith because of its low crime rate compared to many towns in London. The average property price in Hammersmith is £964,000.
Also read: Will the cost of living go down UK?
Where do the wealthy live in London? Richmond is one of the places where millionaires live in London. Richmond has some of the wealthiest people in London and it also attracts many celebrities. Some of the celebrities who live in Richmond are members of the Rolling Stones Sir Mick Jagger and Ronnie Wood. Also, actress Keira Knightley of the Pirates of the Caribbean also lives in Richmond.
You can visit Richmond and see rich people’s houses, visit the Kew Gardens and Palace or go on deer spotting. The average property price in Richmond is £850,000.
Summary: Where Do the Rich People Live in London?
The above are some of the places where the richest people in London live. Generally, London is one of the most expensive cities to live in in the UK. Many of these towns are tourist attraction sites and you are likely to blush shoulders with world celebrities when you visit. Property prices in these towns are usually high and only the rich can afford them.