The UK’s Richest Neighbourhoods and Their Millionaire Residents
By Bluei Fausto
The United Kingdom is home to luxury residential villages and cities that only the super-rich can afford.
Miles of countryside and city neighbourhoods are priced at thousands to even millions per piece of land, making the UK one of the world’s most expensive real estate markets.
Read on to find out all about the UK’s richest neighbourhoods and their millionaire residents. The money spent on homes will shock you!
Located in the South Bucks district of Buckinghamshire is a lovely neighbourhood where the famous Bekonscot Model Village can be found. It is approximately 23.4 miles away from central London but is a great neighbourhood because of its private, gated communities; amazing schools; and green space.
Mansions are dotted across Beaconsfield, and only the rich can afford to buy a house and lot in this area. According to the Daily Mail UK, residents of Beaconsfield pay more than £500,000 more than anywhere else in Buckinghamshire.
Millionaire residents include singer Beverly Craven, journalist Chris Harris, YouTuber Molly Templeton, and game developer Tara Saunders.
9. Kensington and Chelsea
Stretches of fully maintained mansions with an average price of £2.7 million are London’s Royal Borough (or Kensington and Chelsea).
This neighbourhood houses the wealthiest men and women in the UK with James Dyson, inventor of vacuum cleaner and owner of Dyson Ltd. One of Norway’s richest men – John Fredriksen – also owns a mansion in Kensington and Chelsea, as well as Formula 1 mogul Bernie Ecclestone.
One of UK’s most affluent areas, dotted with grand Victorian architecture and leafy garden squares, is Knightsbridge. This neighbourhood is situated in central London alongside international retail centres in the West End. This location is one of the prestige neighbourhoods in the United Kingdom, with a number of millionaire and billionaire residents.
A two-bedroom flat would cost about £2,000,000 to £6,000,000, which is quadruple the price of any two-bedroom apartment in other parts of the UK. Some of the most notable and millionaire residents include former professional footballer David and wife Victoria Beckham and pop singer Madonna.
Located in the central London address, south-west of Buckingham Palace, is this exclusive and one of the wealthiest districts in the world. Belgravia is home to billionaires that can afford to purchase mansions priced at more than £11 million.
According to Foxtons UK, the average price of a Belgravia property ranges from £3 million to £11 million or more, depending on the number of bedrooms and the overall size of the property. A number of billionaires have a property in Belgravia, including the Chelsea Football Club owner Roman Abromovich with two adjoining townhouses in one mega-mansion.
6. Notting Hill
This neighbourhood may be one of the world’s most famous residences because of Hugh Grant and Julia Robert’s movie, but it is also famous as the ‘playground of the rich and famous.’
Notting Hill is an affluent district in West London with vibrant cafes and restaurants, and it’s considered a tourist spot. The famous Portobello Market is one of the eye candies of this neighbourhood, where the movie Notting Hill featured.
Just like any other famous tourist spots, expect to pay millions of pounds for a typical two- to three-bedroom flat in Notting Hill. The price tag for a semi-detached residence costs £4,350,000 to £10,000,000. Famous and rich residents include poet and novelist Thomas Hardy, musician Damon Albarn, fashion designer Stella McCartney, and children’s book author Elizabeth Clark.
This suburb is famous for The Beatles members’ homes like John Lennon and Ringo Starr. It is an exclusive town with more than 120 millionaire residents.
According to The Telegraph, the average cost of a Camp End 2-bedroom house is £5 million or more. Other popular residents include Leonardo DiCaprio, One Direction member Liam Payne, and international footballer Jamie Redknapp.
Home to Windsor Castle or the British Royal Family is one of UK’s prime neighbourhoods. It is a historic landmark which has plenty of attractions not just for tourists but also its local residents. However, properties in this area cost a huge amount of money (not less than a million pounds).
Christie’s International Real Estate website estimates four- to five-bedroom apartments at more than £5 million. Because Windsor is an exclusive residence, only the rich and famous can afford to purchase a property here. Millionaires such as TV presenter Rolf Harris, actor Kris Marshall, and actor Michael Caine have a property in Windsor.
Sevenoaks is a town in Kent, in the Southern East part of England. It is only a half an hour ride from Central London and the Gatwick International Airport. Sevenoaks is considered a prime location because of its leaner lifestyle, picturesque surroundings, and secluded location. Some houses in this area, particularly in Broxbourne, have a hefty price tag of more than £10 million.
Millionaire residents include Actor Ray Brooks, Gold medalist Steve Ovett, and actor Daniel Day-Lewis.
2. The Boltons
Considered the third most expensive street in London is this premium residence in the phenomenon ‘lens shape’. The Boltons are situated in the district of Royal Borough of Kensington and Chelsea, with flats worth not less than £2 million. Some properties like mansions even have huge Italianate spaces, which are worth £40 million.
Famous rich people who actually own property in this prime location are novelist Jeffrey Archer, singer Mick Jagger, Russian-Israeli billionaire Roman Abramovich, and Amanda Eliyash.
1. The Bishops Avenue
Known as the Billionaire’s Avenue or Billionaire’s Row, this stretch of land is home to mansions worth tens and hundreds of millions, located at the north side of Hampstead Heath. Prestigious properties in this place are ten times higher in cost compared to the rest of the properties in England. The cost of homes can go as high as £65 million and more.
Broadcast magnate Richard Desmond with an estimated net worth of £2 billion owns two houses in this prestigious residence. Singer Justin Bieber also owns a mansion in the Billionaire’s Avenue that is up for rent with a price tag of £25,000 a week.
These are the Top 10 Richest Neighbourhoods in the United Kingdom that are home to a number of millionaires and billionaires. The home values in these prime areas climb each year, with more interested buyers willing to pay millions of pounds.
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