Notting Hill Property Market
Notting Hill is situated in a borough West of London, populated with mature trees that throw their branches into the sky as if to match the general elegance of the generous sized mansions and terraced houses constructed during the nineteenth century in architectural styles associated with the Victorian and Edwardian eras. Any wonder then that Notting Hill has been described previously as the ‘Victorian citadel’? Now, in their contemporised setting, the colourful facades of these beautiful homes and their front or back gardens, hint at an increasingly bohemian lifestyle, whilst seeming to embrace debonair aspirations in the making. An area that is noted for its green open spaces and more than one hundred garden squares or paddocks (forty-six of which raise an annual levy for the fact that they are private and enshrined for the most part within half a dozen crescents) contributes to the pleasantries and aerial elegance of the geographical layout of Notting Hill. The area has more than thirty parks open from 7.30am and open spaces, as well as two cemeteries, Gunnersbury and Hanwell.
The true exception of the kind of Victorian housing and amenities described above, is the ‘Brutalist’ architect Ernö Goldfinger’s thirty-one storey block of council flats! Standing tall at ninety-eight metres near Westbourne Park tube station, Trellick Tower became the controversial landmark of the North Kensington skyline in 1972. However, these days it tends to be venerated as something of a seventies relic, heralding the convention-busting excesses of the seventies era, when people were rather more inclined to stomp the city in platform shoes, wearing flared trousers, parading big collars and lapels on their shirts and jackets, if not dancing to the glam rock music of the Slade or the Bay City Rollers...
It is otherwise hard to imagine this increasingly gentrified area as having ever before been an area of slum dwellings or infamously associated with the notorious, greedy landlord Peter Rachman in the fifties, not to mention the serial killer John Christie (otherwise known as the Rillington Place Strangler) who was hung in 1953...
The average price when buying any type of property in Notting Hill currently stands at £1,122,086. The average price for a house in the area is £2,516,667, and £1,056,715 when buying a flat in the area, comparatively.
The average rental value in Notting Hill today is £672 per week (or £2,912 a month). The average rental cost for a flat is £530 a week, and a house costs £2,400 per week in comparison.
Standard of Living in Notting Hill
Image courtesy of tripadvisor.co.uk
Notting Hill is close to Central London, and is considered a cosmopolitan hub, boasting a number of independent high-end shops, cafes, bars and restaurants. It’s an area full of wealthy professionals and young families, as reflected by the amount of primary schools compared to secondary schools which is 12 to 3.
Notting Hill is better served by primary schools than secondary schools by a ratio of 12 to 3. The schools are heavily subscribed so when thinking of relocating to the area with school aged children, it is worth doing some research by consulting the Education section on the website for the Royal Borough of Kensington and Chelsea www.rbkc.gov.uk to establish the criteria for admissions. Locally, King’s College, the Imperial College of Science & Technology and the Royal Schools of Mine make up the royal chartered colleges of Higher Education.
Notting Hill has a variety of different supermarkets and food shops, including the typical supermarkets most would expect, like Waitrose, Tesco and Marks & Spencers, and more independent food stores like Planet Organic, Grocer On Elgin and Notting Hill’s Famers’ Market. Notting Hill Gate, Portobello Road and Pembridge Road offer a large variety of shops.
Other Living necessities in Notting Hill
In terms of area demographics, since the fifties there has been a significant number of Caribbean and Irish inhabitants in Notting Hill, although their numbers have unfortunately dwindled to coincide with the gentrification of the locality which has made it more and more expensive to be housed.
There is also a strong Mediterranean community of Portuguese, Spanish and Moroccan people associated with Trellick Tower and its surrounding accommodation. The community as a whole is evenly divided between the Christian and Muslim faiths, providing a good contrast to accommodating alternative faiths. 35% of the inhabitants live on their own with nearly half of workers falling in line with managerial and professional roles. The age group that makes up 70% of the population is 0 – 45, with only 30% of the local population aged over 45.
Places to visit near Notting Hill
There are many places to visit near Notting Hill. The most famous places are the Notting Hill Carnival, Portobello Market (Portobello Road), The Gate Theatre, The Print Room and The Electric Cinema. Notting Hill has also become one of the top 10 movie locations in London for film fanatics, due to the popularity of The Notting Hill movie, directed by Richard Curtis and released in 1999.
Notting Hill Council Tax
Two councils cover the Notting Hill area so your council tax will depend on which council you need to pay, Kensington and Chelsea or Westminster.