The Royal Albert Hall, the V&A Museum and Sigmund Freud. They all have one thing in common, and that’s Kensington. Kensington has always had a reputation for housing only the rich and famous, and many ambitious people are determined to own a piece of exclusive property in the area. But what makes this bold borough so appealing to local Londoners and can we mere mortals share this prestigious postcode?

Any estate agent in Kensington will let you know that the exclusive Kensington property market is in top form, even though many of the houses for sale in Kensington have the highest price tags in London. The area is home to many affluent people including various politicians and British celebrities. Recent research done by the Land Registry revealed that a single property in this exclusive area holds an estimated value of approximately £728,000. Other boroughs with the most exclusive properties in the UK include the trendy Chelsea and Hyde Park areas.  

Ask a letting agent in Kensington and they will tell you that even though the prices of exclusive properties in the UK are incredibly high, the average Londoner still has the opportunity to rent a home or apartment in Kensington. The recession seems to have prompted a trend among Kensington property owners, who have started to rent out their exclusive apartments. Exclusive properties such as these are known as “pied-a-terre apartments.” Prices for studio apartments for rent in the area start off at approximately £1200 per month

As well as being a part of the exclusive London property list, Kensington is also a shopper’s paradise. Beautiful boutiques and department stores line the high street, which is perfect for a full day of retail therapy. The area is filled with exciting attractions including museums, exquisite architecture, and theatres. Kensington’s location in central London makes it very appealing to commuters, who benefit from shortened travelling times.

Kensington was recently added to the “most expensive streets in London” list. The roads that made the list included Eldon Road, Albert Place and Victoria Road. The cloud over London’s property market appears to have a silver lining as estate agents claim that homes are selling nearly 50% more quickly than a few months ago. But even though rentals are not sky-high, exclusive property for sale in this area can still only be bought by people who can afford to enjoy the finer things in life.