Prime Resi: Russell Simpson Chelsea Gardens Research Report

  • By Adam Foster
  • 20 May 2014

Up to 35%, apparently. But two-thirds of London “gardens” are more concrete than foliage: 65% of “garden space” in the capital is patio, roof terrace and/or balcony, says the agency.

And the premium seems to be even higher for paved space: “Properties in Chelsea with private patio or roof terraces can also a command a 60% price premium compared to properties of a similar size with little or no outdoor amenity space,” reports Russell Simpson, with Londoners typically paying 20% more than the rest of the UK for their outside areas.

The agency has done some sums to work out that, with average prices in Chelsea at £1,740 psf and £5m+ homes going for £2,400 psf, a 300 sq ft garden could be worth up to £700,000…


Gardens and historical London spots! Take a peek at our beauty in Wetherby Gardens being marketing alonside @knightfrank at the moment. One remaining!

Absolutely beautiful shot of Battersea House - which is on the market with the delightful @Property_RS

Dogs PARADISE in Wetherby Gardens!

On today: Xavio Design gives us an inside look at the extraordinary refurbishment of this £125m, 88-room super-home on Belgrave Square

London letting have been warned.