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London’s Millionaire Hotspots – Ranked by Enness for Mansion Global

22nd September 2020
Islay Robinson GROUP CEO

Islay Robinson

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Islay Robinson
GROUP CEO

Islay Robinson

High-end home sales remained active across London during the first half of 2020, with Fulham and Hampstead emerging as two of the capital’s prime property hotspots.

According to Enness Global, both the SW6 and NW3 postcodes recorded 92 transactions priced above £1 million during the first six months of the year.

Robinson noted that demand for prime London property strengthened following the reopening of the market in May, supported by renewed international interest and the stamp duty holiday.

Of the 1,348 prime property sales recorded, 92% were priced between £1 million and £5 million. A further 97 transactions were completed between £5 million and £10 million, while 13 properties sold for more than £10 million.

Chelsea’s SW3 postcode led the market for ultra-high-value sales, with four homes priced above £10 million changing hands during the first half of the year.

Robinson also highlighted a growing interest in areas such as Hampstead and Wandsworth, as buyers placed greater importance on larger homes, private outdoor space and access to nearby green areas.