About Knightsbridge
Move on up, that seems to be the best way to describe your move to Knightsbridge housing. You are moving on up to a very exclusive area of London. This once-little hamlet has turned itself into a great location for luxury homes and flats.
Its history is not as prominent as other locations in London but today, it is one of the more desired areas to live in. Its homes sell for a very high price because of this demand.
The homes are beyond beautiful and are all well-kept so you do not lose any value when you make your purchase.
There Is Little Crime
One of the most attractive features of this area is the fact that there is little crime on its streets. Today, the crimes committed are more high profile and not the kind you would find in lesser areas of the city.
That is because in the 19th century the residents and authorities made it their priority to rid the area of the different highwaymen plying their ill-gotten trade. They were very successful and this area became one of the most sought-after areas in London to live in.
Plus, the new residents have installed CCTV cameras, security guards, and even bars on the lower windows to keep crime away. All of this security drives up the real estate value of each home.
The Cost Of Real Estate In Knightsbridge
This exclusive real estate market is known for having the highest prices paid for an apartment. Two residences at One Hyde Park sold for £100 million and one 2-story apartment at the same address went for £140 million.
Having the highest prices paid for apartments in the world has helped raise the overall real estate prices in the area. While it is still possible to pay under £100,000 for a little real estate in this neighborhood, those low prices are reserved for car parks and not apartments.
The starting asking price is £60,000 and the most expensive is listed at £250,000. That is just £25,000 lower than the cheapest studio apartment in this area which is listed at £275,000.
Most apartments and homes in this area list for over £1,000,000 with a handful under that benchmark price tag. A majority of the homes are listed at over £20,000,000 with quite a few listed between £1,000,000 and that £20,000,000 level.
It Is Rich To The Core
That is the best way to describe Knightsbridge. Not only does it contain fabulous homes that any king or queen would love to own, but it is also filled with luxury businesses like Harrods.
You get fine shopping with lots of peace of mind as the crime rate is low. There is no reason not to look for a home in this area. It has everything you need or wants plus it is in the heart of London so you have easy access to all other parts of the city.