Thea Wellband discusses her favourite London villages with The Resident Magazine. London’s urban villages seem to have it all – independent shops, artisan food stores, excellent schools, green space and picturesque architecture, and with community spirit now at the top of many buyers wish lists, it’s no wonder there’s a premium to pay for vibrant village life.
Thea Wellband, Senior Buying Consultant at The Buying Solution, says; “Two of my favourite London villages are Marylebone and Pimlico. Despite Marylebone undergoing a huge transformation over the last five years and its skyrocketing prices, in part the village has managed to retain that personal feel. It still hosts a number of weekly independent markets including Cabbages and Frocks and the Sunday Farmers’ Market, both of which draw in the locals. The Howard De Walden Estate and The Portman Estate have also helped maintain its community feel by investing in the public areas and keeping a good mix of high quality and independent cafes, shops and restaurants on the High Street and surrounding streets. Marylebone’s residents range from all ages and it’s popular with families too – this really appeals to buyers looking for that authentic London village feel. Over the last year average sale prices in Marylebone gained 3 per cent on the previous year compared to other prime neighbourhoods which saw prices fall, and you can still find a large one/two bedroom apartment for around £1 million off Marylebone High Street.
“Pimlico Road and Orange Square are at the centre of Pimlico’s adorable little village triangle. Buyers are attracted to its proximity to Sloane Square and Belgravia, while its unique blend of shops, restaurants, weekly farmers’ market, Daylesford Organic are a real selling point as they bring a certain country charm to such a central location. The area is also known for its galleries, antique and interiors showrooms as well as being home to renowned florist, Nikki Tibbles Wild at Heart, all of which contribute to making this such a quintessentially British village in the heart of the capital. Whilst prices have strengthened here in comparison to relatively stagnant growth in Pimlico-proper, it’s the quality of Victorian town house properties and apartments with impressive ceiling heights and natural light available which continue to drive demand.”
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