Homes on London’s garden squares command a significant price premium
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25 per cent price premium for homes on garden squares versus the local area

The price premium for property in Central London’s Garden Squares versus the local area is 25 per cent*, according to new research by Hamptons International. The research, which analysed house prices in and around 64 of Central London’s garden squares, found that buyers are willing to pay over the odds for a property on a garden square.  Homes within a coveted garden square setting are worth an average of £5,454,782, compared to £3,075,011 for property just 200m away.

Nearly 90% of the most expensive garden squares are situated in either the London borough’s of the City of Westminster or Kensington & Chelsea, both of which have an inherent sense of cachet in their own right as residential areas. Indeed, since 2009, both the City of Westminster and Kensington and Chelsea have seen property prices on garden squares reach in excess of 30% of comparable property within the vicinity.

Most Expensive Squares – Houses

Row Labels

Average of Indexed Price

Wilton Crescent


Chester Square


Collingham Gardens


Kensington Square


Gainsborough Gardens


Thurloe Square


Earls Court Square


Hereford Square


Norland Square


Johnny Morris, Head of Research at Hamptons International, commented: "Those purchasing property within London’s garden squares are enticed not only for the shared amenity, but for the kudos that is associated with such a historic and coveted residential oasis in the heart of the capital. The prestige that comes with a home within a communal garden square setting attracts both domestic and international buyers, with many squares being internationally-recognised as the finest and most sought after examples of British architecture.

Furthermore, the price premium is a reflection of the scarcity of housing stock available, matched with a prime Central London location which lends to the notion that purchasing a property on a garden square is at the very pinnacle in the hierarchy of residential addresses.”

* Sales in each square over the last 5 years were compared to those within a 200m radius (excluding those in the square or nearby squares) to establish the premium paid to buy a home in a garden square in London.  All prices were indexed forward to March 2014 values, to account for house price inflation.

For media enquiries please contact:

Claire Basing Lawson, Senior Press Officer, Hamptons International
020 7758 8405 / 07854 504 717 /

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