Property in the City
COST PER SQ FT £700 - £1,500
Many areas east of Westminster are often referred to as The City, although the real area of The City encompasses Holborn, The Barbican Estate, Moorgate, Liverpool Street, St Pauls, Moorgate and Old Street. Otherwise referred to as 'The Square Mile'.
Despite being one of London’s most residential areas at the turn of the 20th century, The City's population decreased rapidly as the financial services sector expanded. However, the trend is changing and as more new-build apartments are constructed, The City's population is set to grow by upto 70% between 2013 and 2020.
The city is largely populated by city workers, with a significant proportion of renters, both long and short term. The city has seen a considerable increase in property values in the past decade, with most parts increasing by more than the London average.
- Forward thinking architecture
- Lack of supply, always keeping prices high
- Good return on investment for buy-to-let investors
- Strong rental market
Properties in the City
Property in The City is varied. Around Moorgate and Barbican it is often difficult to see the distinction between residential and commercial buildings. The majority of the housing stock in this area has been built in the past thirty years, with a large number being built in the last ten years. The Barbican has long been one of London’s cultural and residential landmarks with apartments often fetching central London prices.
Period properties can be sourced closer to Chancery Lane, however, they are few and far between and typically tend to be above or behind commercial premises. A larger number of period properties can be found closer to the Shoreditch and Old Street sections of The City.
- New build apartments
- Warehouse and factory conversions
- 1960’s modernist architecture
Personal Property Search Agents in The City
If you are searching for a property in The City, The London Property Scout offer a personalised service to private clients. For more information, please send us your brief.
West and Central West London
Chelsea SW3, SW10, Chiswick W4, SW10, Earls Court SW5, Fulham SW6, Hammersmith W6, Shepherd's Bush W12, Holland Park W8, W11, W14, Kensington W8, W14, SW7, Maida Vale & Little Venice W9, W2, Notting Hill Gate W8, W11
North and Central North London
East and Central East London
The City EC2, EC3, Clerkenwell & Farringdon EC1, EC2, Shoreditch & Hoxton EC1, E1, N1
South and South West London