London Property: All About the Location

London is the capital and by far the largest city in the United Kingdom. Covering an area of nearly 660 square miles, Greater London comprises of thirty three boroughs. Stretching from Hillingdon in the west to Havering in the east, and from Enfield in the north to Croydon to the south, these boroughs house more than 8 million people.

As would be expected from such a major cosmopolitan city, London has always been a major property hotspot.

As with any large city, however, property for sale in London varies greatly in price from area to area and borough to borough. For example, a small studio apartment in prime locations in the sought after and upmarket borough of Kensington and Chelsea, could easily command a far higher sale price than a family sized semi in a traditionally less affluent borough, such as Tower Hamlets or Hackney.

Properties with easy access to transport links, such as the London Underground or rail stations, will also command a premium. This is also the case with properties with views of the Thames or other city landmarks.

Many London boroughs also benefit from the knock-on effect from neighbouring, more prosperous boroughs, where in time demand will raise the property values.

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