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London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070...

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London R3ntal Guide A comprehensive guide to the London rental market October 2018
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Page 1: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

London

R3ntal

GuideA comprehensive guide to the London rental market

October 2018

Page 2: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

INDEX

NW N

E

SE

SW11

W11 W9

W2 W1

W8

NW6

NW8

NW3

NW11

NW1

SW6 SW7

SW1

SW3SW10

SW19

SW15SW18

E1 E14

N1

W4

W12

W6 W14The City

SW5

Canary

Wharf

London Map (right)

In summarising the London market, R3Location has focused on the most

popular residential areas for international assignees. In doing so, some

areas have by necessity been excluded.

London is too large a market to attempt to summarise in a meaningful high

level way. In applying some broad assumptions R3Location believes that it

has provided some insightful analysis that will help assignees and HR to

make better decisions about allowances and areas to live.

Rent

Prices vary considerable in London depending on size, quality and

location. This summary provides a broad overview of rental prices by area

and size. These are indicative as the market in London is a fast moving one,

but they do provide a good approximation of rental values for the different

key neighborhoods of London and the surrounding areas.

Sources of data

In providing this overview, R3Location has gathered up to date London

rental data from 6 different reputable sources and has consolidated it

accordingly. Sources of data include well known web-based property sites,

estate agency market information, London Government official figures,

and other data sources deemed relevant in the context of the rental

market in London.

Index

London - Rental Heat Map . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

London - Commute Map . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Summary explanation and key . . . . . . . . . . . . . . . . . . . . . . . . . 3

West London (Central) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

West London (West) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

South West London (North of the River) . . . . . . . . . . . . . . . . . . 6

South West London (South of the River) . . . . . . . . . . . . . . . . . . 7

North West London . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

North London and East London . . . . . . . . . . . . . . . . . . . . . . . . . 9

South East London . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Note: Rental values are quoted as weekly rent. This is the norm in London.

To convert into annual rent, simply multiply by 52.

SW4

W

SW

SE1 SE16

SE10

Page 3: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

Rent rating n n n

GOLDERS G. AREA

NW11 POST CODE

1 Bed 275 Average weekly rent

2 Bed 400

3 Bed 5504 Bed 810

n n n n

KILBURN HAMPSTEAD

NW6 NW3

360 400

430 575

585 850910 1,475

n n n n n n

NOTTING HILL MAIDA VALE STJ' WOOD

W11 W9 NW8

500 380 385

665 595 650

1,250 800 1,1002,250 1,250 1,875

n n n n n n n n n

SHEPHERD'S B W KENSINGTON KENSINGTON MARYLEBONE CAMDEN ISLINGTON

Areas Spread across size - Average across post code categories below W12 W14 W8 W2 NW1 N11 bed 2 beds 3 beds 4 beds 340 375 545 500 425 400

LQ 267 353 464 611 435 500 795 750 600 575Mid 344 462 632 840 535 760 1,375 1,175 945 720UQ 418 625 826 1,051 735 1,100 2,180 1,650 1,175 985

LQ 306 409 566 775 n n n n n n n n n n n n

Mid 415 603 914 1,304 CHISWICK HAMMERSMITH EARL'S COURT STH KEN/K'BRIDGE MAYFAIR CITY WAPPING CANARYWHARF

UQ 594 937 1,387 1,799 W4 W6 SW5 SW7 W1 E1 E14LQ 384 550 807 1,226 345 380 455 580 745 390 380Mid 581 883 1,565 2,405 455 595 650 875 1,275 600 540UQ 843 1,507 2,410 3,272 610 840 975 1,495 2,220 695 980

910 885 1,750 2,300 2,950 910 890

n n n n n n n n n n n n n n n

Post Codes categories FULHAM W BROMPTON CHELSEA BELGRAVIA SOUTHWARK SURREY QUAYS GREENWICH

E1 Wapping SW18 Wandsworth SW6 SW10 SW3 SW1 SE1 SE16 SE10

E14 Poplar/Canary Wharf SW19 Wimbledon 375 470 595 600 465 340 315

N1 Islington SW3 Chelsea 545 665 840 975 600 420 395

NW1 Camden SW4 Clapham 795 1,075 1,600 1,840 700 570 560NW11 Golders Green SW5 Earls Court RIVER THAMES 995 1,375 2,700 2,800 950 760 765

NW3 Hampstead SW6 Fulham n n n n n n n n

NW6 Kilburn/West Hampstead SW7 South Kensington/Knightsbridge PUTNEY WANDSWORTH BATTERSEA CLAPHAM

NW8 St Johns Wood W1 Mayfair SW15 SW18 SW11 SW4

SE1 Southwark W11 Notting Hill 325 330 360 345

SE10 Greenwich W12 Shepherd's Bush 425 425 515 450

SE16 Surrey Quays/Bermondsey W14 West Kensington 625 675 735 580

SW1 Belgravia W2 Paddington/Marylebone 750 725 950 815

SW10 West Brompton W4 Chiswick n n n n n

SW11 Battersea W6 Hammersmith WIMBLEDON TOOTING

SW15 Putney W8 Kensington SW19 SW17

SW17 Tooting W9 Maida Vale 310 300

410 355575 490800 625

London Heat Map (right)The London Map on the right hand side depicts Post Code

areas into three broad categories according to price:

n Lower spectrum of the rental range - still central London, but

greater value than mid or high due to being away from the

core centre of the Capital;

n Mid range - closer to the core centre of London but higher

rent and smaller £/SQFT ratio

n Higher range - Mostly prime and super prime. Higher end of

the rental spectrum, includes some of the most prestigious

areas of London. All very central.

London Heat Map - RentalsKEY

Page 4: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

GOLDERS G. AREA THAMES BOATS

NW11 POST CODE

KILBURN HAMPSTEAD

NW6 NW3

NOTTING HILL MAIDA VALE STJ' WOOD

W11 W9 NW8

SHEPHERD'S B W KENSINGTON KENSINGTON MARYLEBONE CAMDEN ISLINGTON

W12 W14 W8 W2 NW1 N1

CHISWICK HAMMERSMITH EARL'S COURT STH KEN/K'BRIDGE MAYFAIR CITY WAPPING CANARYWHARF

W4 W6 SW5 SW7 W1 E1 E1 E14

FULHAM W BROMPTON CHELSEA BELGRAVIA SOUTHWARK SURREY QUAYS GREENWICH

SW6 SW10 SW3 SW1 SE1 SE16 SE10

RIVER THAMES

PUTNEY WANDSWORTH BATTERSEA CLAPHAM

SW15 SW18 SW11 SW4

WIMBLEDON TOOTING

SW19 SW17

25

28

28

28

22

21

24

32

20

33

29

30

16

16

18

27

10

19

City

Canary Wharf

29

28

28

35

minutes

minutes

31

38

2 21

46 36 30 23 14 21 8 -

37 29 21 16 14 -

21

37 35 21 18 6 2 15

30 28 14 11 7 16

21

26

42

38

29

33

34

39

34

41

30

28

London Commute Map (right)

A mature network

London benefits from a mature and extensive commuter

network of tubes, buses, rail, overground and river services. In

addition, many commuters now also opt to cycle into work.

Commute time

Here, we provide a summary of commute time, station to

station. Timings shown are from most relevant station to

Cannon Street and Canary Wharf. In order to get to a more

realistic door to door commute time, walking to and from the

station needs to be added, as well as waiting for tubes and

other modes of transport.

In order to arrive at more realistic estimate, we suggest adding

at least 10-15 min to these average journey times.

Some facts about Commuting

According to the latest Transport Statistics Great Britain, London

commuters have the longest average commute in the UK, at

46 minutes door to door. This is nearly twice the national

average.

As this is an average, the reality is that many residential areas

include locations where the commute time is much longer.

Moreover the reach of London is also far greater than any

other large UK city. On average, London workers who live

outside the capital commute 62 km to their job. Whilst this may

not be directly relevant to international expats, it does translate

into a significant number of commuters going in and out of the

City every day.

Commuting in London costs on average £132 per month.

Main modes of public transport

n London Underground (The Tube)

n National Rail

n London Overground

n River Bus

n DLR

n Emirates Air Line

For more details on these, visit the transport for london website

on https://tfl.gov.uk/plan-a-journey

London Commute Map KEY

Door to Door TimesTimings shown are from most relevant

station to Cannon Street and Canary

Wharf. In order to get to a more

realistic door to door commute time,

walking to and from the station needs

to be added, as well as waiting for

tubes and other modes of transport.

We suggest adding at least 10-15

min to these average journey times

for a more realistic estimate.

49/62 42/55 36/49 31/44 19/32

- /13 6/7 13/ -

19/32

CityCanary

Wharf

In Minutes

Page 5: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

Key - explanation of content

PostC Area [SUPER PRIME] Tube station key

1 bed 2 beds 3 beds 4 beds Bakerloo Northern n LQ 500 750 1,000 2,000 Central Piccadilly n Mid 750 1,250 2,000 3,000 Circle Victoria n UQ 1,250 2,000 3,000 4,000 District Waterloo & City

Hammersmith & City Overground OG

Jubilee Rail Link ≠Metropolitan DLR DLR

Closest Tube stations

High Street Kensington Kensington Olympia OG

London Map Detailed Post Code Map Area Detail

Weekly Rent figure is average across all sizes, and all quartiles

500

750

1,000

2,000

750

1,250

2,000

3,000

1,250

2,000

3,000

4,000

W11Notting Hill

W8Kensington

W2Paddington /

Marylebone

W1Mayfair

W9Maida Vale

£940

£1,025£1,450

£1,070

£1,830

Post Code - Area Borough

A brief description of each of the areas on the page.

Volume distribution

Post Code - Area

The general postcode and area of London under review

and to which the rent rates in the table relate.

Table

Average rent levels for Lower Quartile (LQ), mid-level (Mid)

and Upper Quartile (UQ) for 1, 2, 3 and 4 beds for the Post

Code under review.

These are average rents and variations do exist within

each of these catgories. These rents DO NOT represent

higher and lower caps in the market, just an indicative

level of likely asking rent.

High Low Graph

Graphical representation of the table above for each

area under review.

Volume Distribution

Graphical representation of the volume distribution for

each type of accommodation (1 through to 4 bedrooms),

giving an indication of the more frequent size in each

market/area.

Closest Tube Stations

The closest tube stations (up to a maximum of three) for

each area under review. This is not to say these are the

ONLY tubes servicing each area, but give a good

indication of available transport links.

London Map

Area map of London with major geographical space

defined. Area under review is highlighted in red - and W

(central) for illustrative purposes on this page.

Detailed post code map

A more detailed representation of the post code areas

under review, including:

n Post Code

n Area Name

n Average rent

The average rent is the average across all sizes and

quartiles, and not an indication of the prevalent rent in the

area under review.

Area Detail

A brief description of the area, including:

n Post Code

n Area Name

n Main Borough

For illustrative purposes, the area below is the West

(central) area and related post codes.

Page 6: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

Area Rent Summary Rents are quoted weekly

LQ Mid UQ LQ Mid UQ LQ Mid UQ LQ Mid UQ

West (Central)

W1 Mayfair Super Prime 500 745 1,050 685 1,275 2,350 1,085 2,220 3,085 1,200 2,950 3,900

W2 Paddington/Marylebone 365 500 700 500 750 1,015 785 1,175 1,735 985 1,650 2,000

W8 Kensington Super Prime 365 545 820 525 795 1,500 745 1,375 2,350 1,395 2,180 3,100

W9 Maida Vale 260 380 500 375 595 900 525 800 1,200 825 1,250 1,650

W11 Notting Hill 350 500 780 460 665 930 655 1,250 1,700 1,250 2,250 2,950

West (West)

W4 Chiswick 275 345 420 350 455 650 445 610 765 715 910 1,085

W6 Hammersmith 285 380 500 385 595 850 515 840 1,000 635 885 1,100

W12 Shepherd's Bush 275 340 370 375 435 565 450 535 750 550 735 830

W14 West Kensington 300 375 485 380 500 675 565 760 980 700 1,100 1,250

South West (North of the river)

SW1 Belgravia Super Prime 355 600 900 525 975 1,725 730 1,840 2,800 1,100 2,800 4,000

SW3 Chelsea Super Prime 375 595 900 595 840 1,400 800 1,600 2,650 1,400 2,700 3,850

SW5 Earls Court 325 455 675 455 650 1,125 630 975 1,500 1,020 1,750 2,150

SW6 Fulham 295 375 545 395 545 810 515 795 1,150 660 995 1,400

SW7 South Kensington/Knightsbridge Super Prime 375 580 750 555 875 1,625 845 1,495 2,550 1,250 2,300 3,100

SW10 West Brompton 375 470 625 450 665 1,125 655 1,075 1,750 775 1,375 1,915

South West (South of the river)

SW4 Clapham 295 345 405 370 450 600 475 580 730 650 815 1,000

SW11 Battersea 284 360 495 380 515 800 480 735 1,140 630 950 1,350

SW15 Putney 255 325 375 325 425 545 395 625 765 510 750 900

SW18 Wandsworth 275 330 385 325 425 550 420 675 885 600 725 950

SW19 Wimbledon 245 310 340 310 410 575 435 575 785 575 800 1,250

North West

NW1 Camden 300 425 575 405 600 740 570 945 1,300 765 1,175 1,600

NW3 Hampstead 320 400 600 415 575 890 550 850 1,175 800 1,475 1,875

NW6 Kilburn/West Hampstead 280 360 430 355 430 565 505 585 700 650 910 1,150

NW8 St Johns Wood 275 385 585 425 650 950 615 1,100 1,650 1,000 1,875 2,200

NW11 Golders Green 205 275 310 335 400 495 410 550 700 560 810 975

North and East

N1 Islington 305 400 550 405 575 795 520 720 950 675 985 1,300

E1 Wapping 275 390 500 395 600 825 500 695 1,035 640 910 1,100

E14 Poplar/Canary Wharf 275 380 555 360 540 995 480 980 1,500 525 890 1,750

South East

SE1 Southwark 325 465 685 395 600 895 550 700 1,250 600 950 1,650

SE10 Greenwich 250 315 360 310 395 495 430 560 710 610 765 930

SE16 Surrey Quays/Bermondsey 215 340 410 335 420 575 470 570 745 560 760 860

Home Counties

Esher, Cobham, Weybridge 215 240 275 310 360 550 365 475 815 570 735 1,020

1 bed 2 beds 3 beds 4 beds

Page 7: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

W West (central)

W8 Kensington [SUPER PRIME] W11 Notting Hill [PRIME] W9 Maida Vale W2 Paddington/Marylebone W1 Mayfair [SUPER PRIME]

1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds

n LQ 365 525 745 1,395 n LQ 350 460 655 1,250 n LQ 260 375 525 825 n LQ 365 500 785 985 n LQ 500 684 1,085 1,200n Mid 545 795 1,375 2,180 n Mid 500 665 1,250 2,250 n Mid 380 595 800 1,250 n Mid 500 750 1,175 1,650 n Mid 745 1,220 2,220 2,950n UQ 820 1,500 2,350 3,100 n UQ 780 930 1,700 2,950 n UQ 500 900 1,200 1,650 n UQ 700 1,015 1,735 2,000 n UQ 1,050 2,149 3,085 3,900

Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations

High Street Kensington Ladbroke Grove Kilburn Park Paddington Ladbroke Grove Kensington Olympia OG Holland Park Maida Vale Edgware Road Holland Park

Notting Hill Gate Warwick Avenue Baker Street Notting Hill Gate

London Map Detailed Post Code Map Area Detail

Rent figure is average across all sizes, and all quartiles

365525

745

1,395

545

795

1,375

2,180

820

1,500

2,350

3,100

350

460655

1,250

500665

1,250

2,250

780930

1,700

2,950

260

375525

825

380

595

800

1,250

500

900

1,200

1,650

365

500

785985

500

750

1,175

1,650

700

1,015

1,735

2,000

500684

1,0851,200

745

1,220

2,220

2,950

1,050

2,149

3,085

3,900

W11Notting Hill

W8Kensington

W2Paddington /

Marylebone

W1Mayfair

W9Maida Vale

£775

£1,015£1,310

£1,145

£1,730

W8 - Kensington Royal Borough of Kensington&Chelsea

Kensington is an affluent and densely-populated area. Its commercial heart

is Kensington High Street. SUPER PRIME

W11 - Notting Hill Royal Borough of Kensington&Chelsea

Notting Hill is a cosmopolitan, affluent and fashionable district known for the

annual Notting Hill Carnival, and the home to the Portobello Road Market.

PRIME

W9 - Maida Vale City of Westminster

Residential district in West London between St John's Wood and Kilburn.

Mostly residential, and mainly affluent, consisting of many large late -

Victorian and Edwardian blocks of mansion flats.

W2 - Paddington/Marylebone City of Westminster

Affluent, inner-city area of central London. Mostly residential, with many

private medical and dental practices, traditionally concentrated in Harley

Street.

W1 - Mayfair City of Westminster

Fashionable central residential area. Many blocks of flats are under the

ownership of the Grosvenor family, with strict leases and head leases. SUPER

PRIME

Volume distribution Volume distribution Volume distribution Volume distribution Volume distribution

Page 8: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

W West (west)

W4 Chiswick W12 Shepherd's Bush W6 Hammersmith W14 West Kensington1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds

n LQ 275 350 445 715 n LQ 275 375 450 550 n LQ 285 385 515 635 n LQ 300 380 565 700n Mid 345 455 610 910 n Mid 340 435 535 735 n Mid 380 595 840 885 n Mid 375 500 760 1,100n UQ 420 650 765 1,085 n UQ 370 565 750 830 n UQ 500 850 1,000 1,100 n UQ 485 675 980 1,250

Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations

Chiswick Park ≠ Shepherd's Bush OG ≠ Hammersmith Ravenscourt Park Gunnersbury OG Shepherd's Bush Market Ravenscourt Park Baron's Court

Goldhawk Road Baron's Court

London Map Detailed Post Code Map Area Detail

Rent figure is average across all sizes, and all quartiles

275

350

445

715

345

455

610

910

420

650

765

1,085

275

375

450

550

340

435

535

735

370

565

750

830

285

385

515

635

380

595

840885

500

850

1,000

1,100

300

380

565

700

375

500

760

1,100

485

675

980

1,250

W4Chiswick W6

Hammersmith

W14West

Kensington

W12Shepherd's Bush

£585 £665 £675

£520

W4 - Chiswick Borough of Hounslow

Chiswick is a large, leafy suburb of west London. It is located close to the River

Thames and is poplar with families. Its links to central London are very good.

W12 - Shepherd's Bush Borough of Hammersmith & Fulham

An area of west London well connected to the City. Primarily residential in

character, its focus is the shopping area of Westfield shopping centre, the

largest urban shopping centre in Europe.

W6 - Hammersmith Borough of Hammersmith & Fulham

An urban centre on the north bank of the River Thames. One of west London's

key transport hubs and commercial and employment centres. It is focused on

the two London Underground stations, bus station and road network

converging at Hammersmith Broadway.

W14 - West Kensington Hammersmith&Fulham, RBKC

Home to the Olympia (exhibition and events centre), West Kensington is a

residential area. It consists mainly of Victorian terraced houses, many of which

are subdivided into blocks of flats.

Volume distribution Volume distribution Volume distribution Volume distribution

Page 9: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

SW South West (North of the River)South Kensington/

SW6 Fulham SW10 West Brompton SW7 Knightsbridge [SUPER PRIME] SW3 Chelsea [SUPER PRIME] SW1 Belgravia [SUPER PRIME]

1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds

n LQ 295 395 515 660 n LQ 375 450 655 775 n LQ 375 555 845 1,250 n LQ 375 595 800 1,400 n LQ 355 522 730 1,100n Mid 375 545 795 995 n Mid 470 665 1,075 1,375 n Mid 580 875 1,495 2,300 n Mid 595 840 1,600 2,700 n Mid 600 977 1,840 2,800n UQ 545 810 1,150 1,400 n UQ 625 1,125 1,750 1,915 n UQ 750 1,625 2,550 3,100 n UQ 900 1,400 2,650 3,850 n UQ 900 1,726 2,800 4,000

Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations

Fulham Broadway Earl's Court Gloucester Road Sloane Square Sloane Square Parson's Green Gloucester Road South Kensington South Kensington Hyde Park Corner Putney Bridge Knightsbridge

London Map Detailed Post Code Map Area Detail

Rent figure is average across all sizes, and all quartiles

295395

515660

375545

795995

545810

1,150

1,400

375450

655775

470665

1,075

1,375

625

1,125

1,7501,915

375

555

845

1,250

580

875

1,495

2,300

750

1,625

2,550

3,100

375595

800

1,400

595

840

1,600

2,700

900

1,400

2,650

3,850

355522

730

1,100

600

977

1,840

2,800

900

1,726

2,800

4,000

SW6 - Fulham Borough of Hammersmith & Fulham

Increasingly affluent area of south west London, very green and within very

close reach of Chelsea and Kensington. Good for families, and more

affordable than other SW north of the River.

SW10 - West Brompton Royal Borough of Kensington&Chelsea

Boasts many beautiful traditional residential squares with many imposing

properties fronting onto them. Some more expensive pockets within it such

as The Boltons.

SW7 - South Ken/Knightsbridge RBKC (Kensington & Chelsea)

Graceful garden squares and streets, and includes the Natural History

Museum, the Science Museum, the Royal Albert Hall, Imperial College

London, the Victoria and Albert Museum, the Royal College of Art, the Royal

College of Music. It is also the home of Harrods and Harvey Nicholls. SUPER

PRIME

SW3 - Chelsea Royal Borough of Kensington & Chelsea

Most desirable part of Chelsea is around Sloane Square and Knightsbridge

tube. This property market attracts considerable attention, and is a very

complex market that can vary from street to street. SUPER PRIME

SW1 - Belgravia City of Westminster/RBKC

Noted for its immensely expensive residential properties, it is one of the

wealthiest districts in the world together with parts of Chelsea and

Knightsbridge. A complex property market. SUPER PRIME

SW6Fulham

SW10W. Brompton

SW7South Ken /

Knightsbridge

SW3Chelsea

SW1Belgravia

£1,530

£705 £1,475£940

£1,360

SW5 - Earls Court: Material regeneration of the Earls

Court Exhibition Centre, surrounding car parks and

two council estates to be demolished and replaced

by residential project of four new urban

villages. Disruptions to this area may not make it

attractive for expatriates over the next two/three

years.

Volume distribution Volume distribution Volume distribution Volume distribution Volume distribution

Page 10: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

SW South West (South of the River)

SW15 Putney SW18 Wandsworth SW19 Wimbledon SW11 Battersea SW4 Clapham1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds

n LQ 255 325 395 510 n LQ 275 325 420 600 n LQ 245 310 435 575 n LQ 284 380 480 630 n LQ 295 372 475 650n Mid 325 425 625 750 n Mid 330 425 675 725 n Mid 310 410 575 800 n Mid 360 515 735 950 n Mid 345 451 580 815n UQ 375 545 765 900 n UQ 385 550 885 950 n UQ 340 575 785 1,250 n UQ 495 800 1,140 1,350 n UQ 405 600 730 1,000

Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations

Putney ≠ Clapham Junction ≠ OG Wimbledon ≠ Battersea Park ≠ Clapham High Street ≠ OGEast Putney Clapham South Wimbledon Park Vauxhall ≠ Clapham Common

Clapham Common Southfields Clapham North

London Map Detailed Post Code Map Area Detail

Rent figure is average across all sizes, and all quartiles

255

325395

510

325425

625

750

375545

765

900

275

325420

600

330425

675725

385

550

885950

245310

435

575

310410

575

800

340

575

785

1,250

284

380480

630

360

515

735

950

495

800

1,140

1,350

295

372475

650

345451

580

815

405

600

730

1,000

SW15 - Putney Borough of Wandsworth

Residential and shopping district in south London, near the river Thames.

Good for families with plenty of open spaces and clean air, and good links

to the City.

SW18 - Wandsworth Borough of Wandsworth

Also known as 'Nappy Valley' due to the larger numbers of middle-class,

affluent families, it is an area of , mainly, Victorian houses bordered by the

west side of Wandsworth Common, a large park.

SW19 - Wimbledon Borough of Merton

The combination of convenient access to central London with the benefit

of plentiful recreational facilities has seen strong demand for homes,

especially the larger properties in the Wimbledon Village and Wimbledon

Park areas; with a resulting effect on prices to make it amongst the highest

in the outer London area.

SW11 - Battersea Borough of Wandsworth

The new US embassy is being constructed at Nine Elms , a new development

that also sees the building of luxury apartments in the area. Battersea Park is one

of the largest South of the River . Close to Chelsea and more affordable - poor

transport links.

SW4 - Clapham Borough of Lambeth

Relative proximity to expensive areas of central London has led to an

increase in middle-class people living in Clapham. The area is an affluent

place, though its professional residents often live relatively close to

significant pockets of social housing.

SW19Wimbledon

SW15Putney

SW18Wandsworth

SW11Battersea

£550

£670£545

£515

Volume distribution Volume distribution Volume distribution Volume distribution Volume distribution

SW4Clapham

£560

Page 11: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

NW North West

NW6 West Hampstead NW8 St John's Wood NW3 Hampstead NW11 Golders Green NW1 Camden1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds

n LQ 280 355 505 650 n LQ 275 425 615 1,000 n LQ 320 415 550 800 n LQ 205 335 410 560 n LQ 300 404 570 765n Mid 360 430 585 910 n Mid 385 650 1,100 1,875 n Mid 400 575 850 1,475 n Mid 275 400 550 810 n Mid 425 613 945 1,175n UQ 430 565 700 1,150 n UQ 585 950 1,650 2,200 n UQ 600 890 1,175 1,875 n UQ 310 495 700 975 n UQ 575 739 1,300 1,600

Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations Closest Tube stations

West Hampstead ≠OG St John's Wood Hampstead Heath ≠OG Brent Cross Camden Road ≠OGKilbrun Maida Vale Hampstead Golders Green Chalk Farm Finchley Road ≠ South Hampstead ≠OG Belsize Park Camden Road

London Map Detailed Post Code Map Area Detail

Rent figure is average across all sizes, and all quartiles

280355

505

650

360430

585

910

430565

700

1,150

275

425

615

1,000

385

650

1,100

1,875

585

950

1,650

2,200

320

415

550

800

400

575

850

1,475

600

890

1,175

1,875

205

335

410

560

275

400

550

810

310

495

700

975

300

404

570

765

425

613

945

1,175

575

739

1,300

1,600

NW6 - West Hampstead Borough of Camden

Mainly residential with several small shops, restaurants, cafes, bakeries

concentrated on the northern section of West End Lane and West End

Green.

NW8 - St John's Wood City of Westminster

Developed with a large amount of low density "villa" housing, as opposed to

the terraced housing it remains a desirable residential district. Close to ASL

International School.

NW3 - Hampstead Borough of Camden

Known for its intellectual, liberal, artistic, musical and literary associations

and for the large and hilly parkland Hampstead Heath, It is home to some of

the most expensive housing in the London area (on the sales market).

NW11 - Golders Green Borough of Barnet

It has a wide variety of housing and a busy main shopping street, Golders Green

Road. The area has relatively expensive property .

NW1 - Camden Borough of Camden

Known for its markets as a major tourist attraction at weekends, selling

goods of all types including fashion, lifestyle, books, food, junk/antiques and

more bizarre items; they and the surrounding shops are popular with young

people, in particular those searching for "alternative" clothing.

SW19Wimbledon

SW15Putney

SW11Battersea

NW1Camden

St John's Wood

NW3Hampstead

NW8

NW6W. Hampstead

NW11Golders Green

£975

£570

£825

£500

£785

Volume distribution Volume distribution Volume distribution Volume distribution Volume distribution

Page 12: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

NE North and East

N1 Islington E1 Wapping E14 Poplar / Canary Wharf1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds

n LQ 305 405 520 675 n LQ 275 395 500 640 n LQ 275 360 480 525n Mid 400 575 720 985 n Mid 390 600 695 910 n Mid 380 540 980 890n UQ 550 795 950 1,300 n UQ 500 825 1,035 1,100 n UQ 555 995 1,500 1,750

Closest Tube stations Closest Tube stations Closest Tube stations

Highbury and Islington ≠OG Shadwell ≠OG DLR Canary Wharf DLRAngel Wapping ≠OG Poplar/All Saints DLR

Westferry DLR

London Map Detailed Post Code Map Area Detail

Rent figure is average across all sizes, and all quartiles

305

405520

675

400

575

720

985

550

795

950

1,300

275

395500

640

390

600695

910

500

825

1,0351,100

275360

480 525

380

540

980890

555

995

1,500

1,750

N1 - Islington Borough of Islington

It is an inner-city district in London, spanning from Islington High Street to

Highbury Fields, encompassing the area around the busy Upper

Street. Young, up and coming, trendy and close to the City.

E1 - Wapping Borough of Tower Hamlets

It forms part of the Docklands to the east of the City of London. Wapping's

proximity to the river has given it a strong maritime character, which it

retains through its riverside public houses . Many warehouses have been

converted into luxury flats. Good for Cirty commute; not great for families.

E14 - Poplar/Canary Wharf Borough of Tower Hamlet

Poplar, Isle of Dogs, Limehouse, Canary Wharf make up much of the

residential area surrounding Canary Wharf's business district. Extremely

popular with young professionals, it is becoming increasingly more

residential, and well served with different amenities.

£770

N1Islington

E1Wapping

E14Poplar

£655

£680

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Page 13: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

SE South East

SE1 Southwark SE16 Surrey Quays/Bermondsey SE10 Greenwich1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds 1 bed 2 beds 3 beds 4 beds

n LQ 325 395 550 600 n LQ 215 335 470 560 n LQ 250 310 430 610n Mid 465 600 700 950 n Mid 340 420 570 760 n Mid 315 395 560 765n UQ 685 895 1,250 1,650 n UQ 410 575 745 860 n UQ 360 495 710 930

Closest Tube stations Closest Tube stations Closest Tube stations

Waterloo / Waterloo East ≠ South Bermondsey ≠ Cutty Sark DLRSouthwark Canada Waters OG Greenwich DLRElephant & Castle ≠ Bermondsey New Cross ≠ OGLambeth North Surrey Quays ≠ OG Deptford Bridge DLR

London Map Detailed Post Code Map Area Detail

Rent figure is average across all sizes, and all quartiles

325395

550600

465

600700

950

685

895

1,250

1,650

215

335

470560

340420

570

760

410575

745

860

250310

430

610

315395

560

765

360495

710

930

SE1 - Southwark Borough of Southwark

Generally an area of mixed development, with council estates, major office

developments, social housing and high value residential gated

communities side by side with each other. It has undergone extensive

redevelopment in the last 10 years, it's the home of the Shard, and the

increasingly trendy, up and coming Borough Market.

SE16 - Surrey Quays Borough of Southwark

Young professionals tend enjoy Surrey Quays for the modern, relatively

maintenance free, properties, fast links to the City and the West End and

the affordable house prices. There is also a newly emerging popularity with

families moving here.

SE10 - Greenwich Royal Borough of Greenwich

Greenwich offers a mixture of wide open spaces and lower density living

areas, but is still situated close enough to the likes of Canary Wharf and

London Bridge to feel like a part of London. Well known for its maritime

history and giving its name to the Greenwich Meridian and Greenwich

Mean Time (GMT).

SW18Wandsworth

£755

Volume distribution Volume distribution Volume distribution

SE1Southwark

SE16Surrey

Quays

SE10

Greenwich

£520 £510

Page 14: London - R3Location€¦ · Marylebone W1 Mayfair W9 Maida Vale £940 £1,450 £1,025 £1,070 £1,830 Post Code - Area Borough A brief description of each of the areas on the page.

Contact R3Location Contact Card

Office Address

83 Victoria Street

London

SW1H 0HW

R3Location LIMITEDWho we are

R3Location is the only Central London based

company in the relocation industry that delivers

a new approach for organisations moving key

executives into London and the South East of

England. finding, on-going and departure

support.

Where we are

With offices in St James’s Park, R3Location offers

a range of bespoke services, ranging from pre

assignment and home finding support through

to ongoing tenancy and departure support.

Experienced management team

R3Location is managed under the careful

supervision of two industry veterans who have

over 25 years collective relocation experience.

Contact Details

T: +44 203 463 9774

E: [email protected]


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