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The Green Advantage: How London’s Green Spaces Add Value to Homes 

The Green Advantage: How London’s Green Spaces Add Value to Homes 

London is one of the greenest major cities in the world. Around 20% of the city is dedicated to public parks and open spaces, while nearly half of London includes trees, private gardens, green roofs, waterways, and landscaped roadways. Altogether, this natural environment covers more space than all the city’s railways and roads combined, making the Capital a uniquely attractive place to live.

The Royal Borough of Kensington and Chelsea, one of London’s most prestigious postcodes, has long been synonymous with royalty, heritage, and refined living. It boasts some of London’s more renowned parks – from the Kensington Palace Gardens to the charming corners of Holland Park. In fact, aside from the world-renowned parks, nearly 90 of London’s roughly 300 garden squares are located between the Royal Borough of Kensington & Chelsea and Westminster alone.

For both homeowners and investors, living near green spaces offers tangible personal and financial benefits. Here, we delve deeper into the benefits of green space in Kensington.

Green Spaces and Property Values

Firstly, the demand for green space that grew during the Covid pandemic remains strong, although buyers are now less focused on large private gardens and more interested in having convenient access to green spaces in their local area.

This demand is reflected in property prices and is particularly evident in Central London. Research from property investment firm, Jefferies London, suggests that properties in proximity to London’s royal parks command an 86% premium, with average house prices reaching heights of £1,051,765 – marking an 85.9% premium when compared to the London average of £565,637. The likes of Hyde Park and Kensington Gardens added 58% and 30.7% respectively.

Similarly, leading estate agency Winkworth carried out research showing that properties located near central London and its royal parks can see their value increase by 30% to 100%. Even properties near smaller local parks can command a premium of up to 15%.

Appealing to the Modern Buyer

For homebuyers looking in London, green space has become more than just an added benefit – it’s now a lifestyle priority. In a city known for its density, noise, and fast-paced lifestyle, access to nearby parks and leafy squares offers a sense of calm, wellbeing, and balance.

Buyers increasingly view green spaces as an antidote to the hustle and bustle of the revered London lifestyle, while some studies have shown strong links between proximity to nature and improved mental and physical health. Parks also provide room for exercise, socialising, and family activities, which are especially valuable in city centre areas where private outdoor space is limited.

Kensington’s Leafy Retreats

Kensington’s Royal parks and historic green spaces bring royal perks.

Hyde Park, one of the city’s largest and most iconic royal parks and once Henry VIII’s hunting grounds, offers sprawling lawns, lakeside walks, and vibrant cultural events throughout the year.

Just to the west, Holland Park provides a more tranquil escape with its woodland trails, landscaped Dutch gardens, and the serene Kyoto Garden, perfect for quiet reflection.

Just east of High Street Kensington Station lies Kensington Palace Gardens, a historic setting that blends royal heritage and statues, with beautifully maintained grounds and independent cafes. It is home to Princess Diana’s Memorial Park.

Together, Kensington’s royal parks and historic green spaces add a feeling of prestige and exclusivity to the area, signalling a higher quality of living for residents.

For homebuyers and investors focusing on Kensington, proximity to green space isn’t just a luxury – it can be a strong advantage in the London property market. Apartments and homes near these parks command premium prices due to their desirability, attract a higher volume of renters and strong yields, all whilst providing an elevated lifestyle. Yet the broader implications for inclusivity and long-term community structure shouldn’t be ignored.

100 Kensington Apartments

Covering more than half an acre of its own perfectly curated green space, 100 Kensington is ideally situated near some of the borough’s most iconic green spaces, including Hyde Park, Holland Park, and Kensington Palace Gardens – all accessible within 10 minutes.

This landmark development blends the best of premium city-centre living with a rare sense of natural calm, offering residents exclusive access to beautifully landscaped private gardens – one of the largest in the borough. Featuring a distinctive sculpture by renowned artist David Harber, these tranquil grounds provide a peaceful retreat from the energy of city life. More than just a place to unwind, this half-acre oasis enhances residents’ quality of life while adding lasting value to the property.

To find out more or to book a viewing at our Marketing Suite, click here.

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