New study ranks Richmond borough as sixth ‘poshest’ London borough

A new study by Jefferies James has ranked London's 33 boroughs in order of their 'poshness' based on the percentage of 'prime' properties they have.
To be a 'prime' property in this case, it must have asking prices of £2 million or more.
Metro writes: "Across London's 112,602 property listings, 6,822 (6.1 per cent) fall into this prestigious category, and a few spots boast an especially large proportion."
Out of the 33 boroughs, Richmond borough takes sixth place with 7.9 per cent of its properties falling into the 'prime' category, making it above London's average proportion of 'prime' homes.
In Teddington alone, many properties are worth £3 - 4 million.
Taking first place is Kensington and Chelsea with 32.3 per cent of its sales stock deemed 'prime'.
At the bottom is Barking and Dagenham with 0%.
Meanwhile, next-door Kingston has been ranked as number 15 with 3.3 per cent of total property listings priced over £2 million.
You can view the full list here.
Share: