Excerpt

From artists and authors to actors and pop stars, Hampstead’s always been a magnet for the rich, famous and influential.

Date

16th March 2022

Publication

The Metro

Reading time

5mins

Hampstead is one of the best areas to buy in London – if you can afford it

By Andrea Dean

From artists and authors to actors and pop stars, Hampstead’s always been a magnet for the rich, famous and influential.

Judi Dench, Liam Gallagher and Stephen Fry are just three of the household names who’ve lived locally in recent years, and no less than 75 plaques commemorate illustrious earlier residents such as John Constable, John Keats and George Orwell.

Working out why it’s so appealing is a no-brainer: it’s in a hilltop setting, packed with beautiful period properties, only a short distance from the West End and yet hasn’t lost its villagey atmosphere.

And there’s the Heath, a sprawling green space that, if it wasn’t for the views over the city, could be in the heart of the country.

Apart from the traffic, many of Hampstead’s residential streets and twisty cobbled lanes have hardly changed since the 19th century.

There are over 400 listed buildings, including Georgian townhouses, Victorian villas, terraces and cottages, plus mansion flats and some contemporary houses.

‘Hampstead’s been a key beneficiary of off-street parking,’ says Camilla Dell, founder of property buying specialist Black Brick, who lives in the area.

‘Prices range from £1,400 to over £2,000 per sq ft, and many of our sales are off-market, so not advertised.’

 

What’s new in the area?

Novel House is a scheme of luxury apartments in New End, a quiet enclave moments from Heath Street’s boutiques and restaurants.

They have high ceilings, picture windows, secure underground parking, and use of a 24-hour concierge, gym and landscaped gardens.

Prices range from £3.95million for a three-bedroom home to £5.95m for a four-bedroom duplex with a very large terrace, through Knight Frank.

The occasional one-off house aside, other current developments are on Hampstead’s borders.

They include Oakley Gardens on Childs Hill, where ready-to-move-into two and three-bed apartments with a concierge and underground parking start at £840,000, from Savills.

Nearby Coachworks Mews consists of three houses equipped with top-end Poggenpohl kitchens, oak staircases, underfloor heating and sedum roofs.

One three-bed, three-bath home is left, priced £2million, also via Savills.

First-time buyers are catered for at The Artisan, a newly launched mix of one and two-bed apartments by housebuilder Hill and available with Help to Buy.

Featuring sleek open-plan interiors with Caesarstone kitchen worktops, integrated appliances, LED lighting and underfloor heating, each has a balcony or terrace and there’s on site cycle storage. The starting price is £545,950.

Moving to Belsize Park, one final two-bed, two-bath apartment is for sale at Belsize Park Firehouse, in a converted Grade II*-listed red brick former fire station.

Combining original details with a contemporary finish, it’s yours for £1.55million, via Johns & Co.

 

Everything potential buyers need to know about Hampstead

Average house price: £1,636,319

Average rent: £3,431 pcm for a two-bed property

Council tax (Band D): £1,719.47

Commuting time to Zone 1: About ten mins from Hampstead to Euston

Annual Travelcard: £1,536

Amenities: ★★★★☆ Independents — though fewer than there once were — and premium chains on the slopes of Heath Street, Rosslyn Hill and Fitzjohn’s Avenue, and more around South End Green. Standouts include The Coffee Cup café, crepe stall La Creperie and Villa Bianca, an Italian eatery; try the Holly Bush, The Freemasons Arms or The Flask for a cosy pint; Everyman cinema; Keats House; Burgh House; Freud Museum; Kenwood

Open space: ★★★★★ Hampstead Heath includes woodlands, meadows, swimming ponds and sports facilities; Parliament Fields; Golders Hill Park

Schools: ★★★★☆ GCSE and A level results above average. The fact that there are more independents than state schools reflects how much money’s in the area

Crime: Slightly above average

Who lives there? Affluent families; a strong domestic market

Famous faces: Harry Styles owns three houses here

Schools, crime and house price data supplied by Zoopla.

 

What can I afford on the property ladder?

£450,000

This smart studio is on the second floor of a converted period house, and includes wooden flooring, a neutral décor and plenty of storage.

£1.25 million

A good-sized first/second-floor maisonette located between the high street and Heath. Has two bedrooms, kitchen and living room and a roof terrace.

£9.5 million

In a secluded spot adjoining the Heath, this elegant house incorporates six bedrooms, three bathrooms, a conservatory and south-facing garden.

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