Thursday, January 28, 2010
Parking problems in Notting Hill
Yesterday's Evening Standard featured an article about Ledbury Road, Notting Hill, and its rather confusing parking rules. The problem lies with the fact that the street is situated on the boundary between two London boroughs - (Royal Borough of) Kensington & Chelsea and City of Westminster. Supposedly, and for the purposes of parking, this boundary lies down the middle of the road, causing problems (i.e. a parking ticket!) to those park on one side of the road and then obtain a ticket from the other council's ticket machine - as detailed in the article.
If this is the case, I can imagine that the same problem would exist for those with a residents' parking permit if they mistakenly park in a space "in" the wrong borough. In fact, I know the southern section of nearby Chepstow Road used to suffer from exactly this problem; as another road on the boundary between these two boroughs, many of those who parked there were often caught out. Luckily, that road now has clear signs indicating that those with residents' parking permits can park on either side of the road. Maybe Ledbury Road should follow suit?
Article: London road where you get fined for parking on wrong side of the street (27th January 2010, The Evening Standard)
Labels: News
Wednesday, January 13, 2010
Latest property news for Kensington & Notting Hill
There's been a number of recent articles in the press on everyone's favourite topic - property prices - and what they're doing in the borough of Kensington & Chelsea and Notting Hill.
The latest article is published in today's Evening Standard. House prices have risen by 51% in the "bonus belt" - areas of London that are favoured by city bankers (and international buyers), such as Kensington and Notting Hill - during the tail-end of last year. This follows the property slump that was at its worst in February and means that house prices have now, supposedly, surpassed the peak of 2007 with some properties even going for record prices.
Whilst some may feel that trying to predict what house prices will do next is a bit like sticking your finger in the air, such articles show one quite important thing. Areas such as Kensington and Notting Hill will always be popular with a wide variety of buyers because they're such prime areas of London. Any general slump in the property market will of course have an effect in Kensington, but in other ways than prices being completely slashed - such as a lack of supply as people hold on to their properties, waiting for an upturn in prices. (Or, I suppose, an offer they can't refuse.)
Just before Christmas, it was also revealed that one of the most expensive streets in the country is Wycombe Square, W8 - which is, in fact, just south of Notting Hill Gate. Whilst I don't doubt it's an incredibly expensive "street", with an amazingly pricey collection of properties, the new-build nature of this gated community isn't exactly your average British road. (And not just because of property prices.) This information comes from a report by Halifax, and is based on property sales between 2005 and 2009. A number of other streets in the borough of Kensington & Chelsea are also on the list (of 20 streets), although I can think of many more streets in the area that should be on the list. (The Boltons in Chelsea and the surrounding streets? The mansions of Holland Park? What about "Embassy Row" - Kensington Palace Gardens - where properties go for £50 - £80 million?!) I guess those were streets in which people didn't sell during this time period; once you've bought, how can you possibly trade up?
Labels: Property
Tuesday, January 5, 2010
Graham and Green Sale - 15th to 17th January 2010
Graham and Green are having another one of their fantastic sales next weekend, with up to 70% off end of season, sample, ex-display, discontinued & damaged stock.
The sale will take place on:
Friday 15th January: 9am - 5pm
Saturday 16th January: 9am - 5pm
Sunday 17th January: 10am - 2pm
at 3-4 Capital Interchange Way, Chiswick, TW8 0EX (Google Map)
More information about the store on the Graham and Green website or on 020 8987 3700.
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