SW5 Market Insight

Earls Court has reinvented itself several times over the years, and has been home to a wealth of talent. Beatrix Potter was born and wrote 3 of her first children’s novels in Bolton Gardens, and Mahatma Gandhi lodged in Baron’s Court whilst studying to become a barrister at University College London.

 

Designated as an Opportunity Area in the Mayor’s London Plan, Earls Court is now part of one of the biggest regeneration projects in London for decades. Based on a £8 billion Masterplan by Sir Terry Farrell, the scheme has been designed to provide a significant boost to the local and national economy. New homes, work spaces, offices and a 21st century High Street are all part of the plan.

 

Already unique – Earls Court has superb existing transport links including 3 underground stations (District, Circle and Piccadilly lines), 1 Overground station, 6 bus routes, and a 20 minute drive to Heathrow – property within the area is excellent value for money. Basement flats are of particular interest. A number can be found amidst the stunning and historical ‘Gardens’ and ‘Squares’.

 

With Bousfield on the doorstep - the outstanding local Primary School frequently visited by friend and neighbour ‘Quentin Blake’ - numerous restaurants and bars to choose from, and the opportunity to acquire a parking permit that can be used anywhere in The Royal Borough of Kensington and Chelsea, one is hard-pushed to find one reason why not to buy a home here.

 

If there was ever a time to buy a slice of up-and-coming London, then now’s the time to do it. Good value ‘hot spots’ like Earls Court very rarely come around.

 

Average price per square foot West of and including Warwick Road (Warwick Road, Philbeach Gardens, Kempsford Gardens, Eardley Crescent) £685/sqft

 

Average price per square foot between Warwick Road and Earls Court Road (Earls Court Square, Penywern Road, Trebovir road, Nevern Square, Nevern Place, Templeton Place, Nevern Road, Longridge Road) £822/sqft

 

Average price per square foot East of Earls Court Road (Bramham Gardens, Barkston Gardens, Bolton Gardens, Earls Court Gardens, Wetherby Gardens, Collingham Gardens, Collingham Road, Collingham Place) £927/sq ft

 

SW5 Market Data - Lower ground floor properties with min 70+ year leases from June 2012 to June 2013 – Source Lonres

 

Number of lower ground floor flats sold – 42
Average price – £891,808
Average price per sq ft - £836/sq ft
Most expensive price per sq ft – £1144/sq ft
Most expensive property – £1,925,000
Number of lower ground floor flats withdrawn 30

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