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Overall, sold prices in Westminster over the last year were nine percent up on the previous year and three percent up on the 2019 peak of £1,755,356.
Renting is also an expensive business in Westminster. The rental average for the area is £4,150 per calendar month, but rates can reach almost £10,000 per calendar month for large, five-bedroom rental properties.
Few places can match Westminster for its range of attractions. Whether you enjoy gallery hopping from the Tate Modern to the National Gallery to see the latest exhibitions, or you prefer a peaceful Sunday walk around St. James’s Park or a lively weekend with a drink at the Queen Elizabeth Roof Garden, there are always plenty of things to do in this busy district.
Unlike house prices, you do not have to spend a fortune when it comes to eateries as there are some outstanding restaurants that offer fine dining at its best. Roux at Parliament Square, Kerridge’s Bar & Grill and The Cinnamon Club are all popular choices amongst locals. You may even expect to see a famous face or two across the room.
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