{"id":150,"date":"2010-03-03T16:38:00","date_gmt":"2010-03-03T16:38:00","guid":{"rendered":"http:\/\/squishypaw.wordpress.com\/2010\/03\/03\/kensington-chelsea-property-news-roundup"},"modified":"2012-03-20T13:44:43","modified_gmt":"2012-03-20T13:44:43","slug":"kensington-chelsea-property-news-roundup","status":"publish","type":"post","link":"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/","title":{"rendered":"Kensington &#038; Chelsea property news roundup"},"content":{"rendered":"<div>Barely a week goes by without more news and stats about the property market in London and, given the affluent status of the borough, most mention Kensington &amp; Chelsea! Here&#8217;s a roundup of some recent news:<\/div>\n<div>\n<ul>\n<li><a href=\"http:\/\/www.easier.com\/67000-more-mansion-million-liverpool.html\">Easier Property<\/a> reports on a recent Primelocation.com study which reviewed the size of properties that \u00a31 million gets you. Unsurprisingly, London came up with the smallest properties in the country, with Kensington &amp; Chelsea the &#8220;worst&#8221; value. A \u00a31 million property here will only get you 1,443 square feet; by comparison, a million pound home in Liverpool will stretch to 4,000 square feet in size.<\/li>\n<li>In related news, \u00a31 million properties have seen a recovery for a number of areas of the capital, including Kensington &amp; Chelsea. <a href=\"http:\/\/www.yourmortgage.co.uk\/news\/3626568\">Your Mortgage<\/a> report that, overall for London, the number of properties sold in this price bracket rose by 2% in 2009, whilst in Kensington &amp; Chelsea this figure stood at 11%.<\/li>\n<li>Meanwhile, <a href=\"http:\/\/www.businessweek.com\/news\/2010-02-28\/london-luxury-home-prices-increase-the-most-since-march-2008.html\">Businessweek<\/a> reports on data compiled by estate agency Knight Frank, who say that the value of properties above the \u00a31 million mark in London have risen in value by 3.2% from January to February, and by 17% from February 2009 to the same month this year. Knight Frank takes its data from a number of wealthy neighbourhoods in London, including Kensington &amp; Chelsea; prices for these areas are still below their peak, though their rise is fueled by a shortage of properties by strong demand from buyers, particularly foreign buyers who are attracted by the current weak Pound. The same article also states that developers are being brought by this upward trend in the property market; new &#8220;construction starts&#8221; increased by 43% between July and December 2009 in Kensington &amp; Chelsea.<\/li>\n<li>Nothing to do with \u00a31 million homes (well, maybe not&#8230;or maybe?!) <a href=\"http:\/\/www.countrylife.co.uk\/property_news\/article\/444501\/Top-ten-second-home-spots.html#part2\">Country Life<\/a> points out that almost 8% of properties in the Kensington &amp; Chelsea are &#8220;second homes&#8221; (i.e. pied a terres and similar) which apparently equates to 7,000 properties in the area.<\/li>\n<\/ul>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Barely a week goes by without more news and stats about the property market in London and, given the affluent status of the borough, most mention Kensington &amp; Chelsea! Here&#8217;s a roundup of some recent news: Easier Property reports on a recent Primelocation.com study which reviewed the size of properties that \u00a31 million gets you.&hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","footnotes":""},"categories":[16],"tags":[76],"class_list":["post-150","post","type-post","status-publish","format-standard","hentry","category-property","tag-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kensington &amp; Chelsea property news roundup - The Guide to Notting Hill<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kensington &amp; Chelsea property news roundup - The Guide to Notting Hill\" \/>\n<meta property=\"og:description\" content=\"Barely a week goes by without more news and stats about the property market in London and, given the affluent status of the borough, most mention Kensington &amp; Chelsea! Here&#8217;s a roundup of some recent news: Easier Property reports on a recent Primelocation.com study which reviewed the size of properties that \u00a31 million gets you.&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/\" \/>\n<meta property=\"og:site_name\" content=\"The Guide to Notting Hill\" \/>\n<meta property=\"article:published_time\" content=\"2010-03-03T16:38:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2012-03-20T13:44:43+00:00\" \/>\n<meta name=\"author\" content=\"Anna\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anna\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/\"},\"author\":{\"name\":\"Anna\",\"@id\":\"https:\/\/www.thehill.co.uk\/#\/schema\/person\/69f260e48e176757bef16611ded8277e\"},\"headline\":\"Kensington &#038; Chelsea property news roundup\",\"datePublished\":\"2010-03-03T16:38:00+00:00\",\"dateModified\":\"2012-03-20T13:44:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/\"},\"wordCount\":321,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.thehill.co.uk\/#organization\"},\"keywords\":[\"Property\"],\"articleSection\":[\"Property\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/\",\"url\":\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/\",\"name\":\"Kensington & Chelsea property news roundup - The Guide to Notting Hill\",\"isPartOf\":{\"@id\":\"https:\/\/www.thehill.co.uk\/#website\"},\"datePublished\":\"2010-03-03T16:38:00+00:00\",\"dateModified\":\"2012-03-20T13:44:43+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.thehill.co.uk\/#website\",\"url\":\"https:\/\/www.thehill.co.uk\/\",\"name\":\"The Guide to Notting Hill\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.thehill.co.uk\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.thehill.co.uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.thehill.co.uk\/#organization\",\"name\":\"The Guide to Notting Hill\",\"url\":\"https:\/\/www.thehill.co.uk\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.thehill.co.uk\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.thehill.co.uk\/wp-content\/uploads\/2021\/06\/The-Guide-to-Notting-Hill.png\",\"contentUrl\":\"https:\/\/www.thehill.co.uk\/wp-content\/uploads\/2021\/06\/The-Guide-to-Notting-Hill.png\",\"width\":454,\"height\":143,\"caption\":\"The Guide to Notting Hill\"},\"image\":{\"@id\":\"https:\/\/www.thehill.co.uk\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.thehill.co.uk\/#\/schema\/person\/69f260e48e176757bef16611ded8277e\",\"name\":\"Anna\",\"url\":\"https:\/\/www.thehill.co.uk\/index.php\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kensington & Chelsea property news roundup - The Guide to Notting Hill","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.thehill.co.uk\/index.php\/kensington-chelsea-property-news-roundup\/","og_locale":"en_US","og_type":"article","og_title":"Kensington & Chelsea property news roundup - The Guide to Notting Hill","og_description":"Barely a week goes by without more news and stats about the property market in London and, given the affluent status of the borough, most mention Kensington &amp; Chelsea! 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