Published: 23/05/2016Bayswater and Notting Hill are some of London’s most architecturally traditional areas populated by culturally diverse residents, including Middle Eastern, American and Greek communities along with the stalwart Notting Hill set. The buildings are predominantly Georgian terraces, often with shared garden squares. Families and young people alike love that the area is rich in green spaces, with a vibrant restaurant community offering a fantastic selection of international dining as well as traditional English pubs. Try heading to the Cypriot Aphrodite Taverna or the popular local Greek restaurant, Halepi, a favourite of Richard Branson. Curry lovers can head down to Masala Zone on Bishops Bridge Road or Khans on Westbourne Grove. Hyde Park and Kensington Gardens, free to all, are in close proximity to both Bayswater and Notting Hill along with Kensington Gardens and Hyde Park. In Hyde Park you will also find the world famous Serpentine Lake and Gallery and it is well known for its annual events, from summer concerts to the yearly Winter Wonderland.
Shopping in the area is dominated by the world-famous Portobello Market and Notting Hill’s surrounding boutiques and Whiteley’s Shopping Centre in Bayswater, London’s first department store, containing many high street brands, food outlets, an Odeon Cinema and its own All Star Lanes bowling alley. The area offers excellent transport links into both The City and The West End with the Central Line servicing Notting Hill Gate and Queensway and the District and Circle lines servicing Notting Hill Gate and Bayswater. Regular buses and super quick access to the M4 and M40 provide routes out of town towards Heathrow Airport, Oxford and the West of the UK.
Current prices in Bayswater and Notting Hill rank as some of highest in the UK, with average prices per square foot increasing by 0.4% over the last 12 months compared to the previous year. Average prices in Bayswater/ Notting Hill and surrounding areas such as Kensington and Holland Park are now 34% higher than they were 5 years ago, while the number of properties on the market has risen by 17% compared to a year ago. Current rent values in the area have fallen slightly by 2% compared to the same period last year. In the first quarter of 2016 the rental values in Bayswater/Notting Hill averaged £721 per week for flats and £1649 per week for houses, with 74% of properties reflecting asking prices of less than £1000 per week.