Notting Hill

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Can i afford to live in Notting Hill? (or do i even want to!)

started by ahunter (17-01-2008, 19:13)

ahunter 17-01-2008, 19:13: I’m always toying with the idea of leaving Clapham and moving to Notting Hill. Is it really that good? Can i afford it if i only want to pay £700 per month in rent?
dmj1962 17-01-2008, 19:41: Hmmm…different kind of place altogether, I’d say.

You’re much closer to the West End, of course, and it’s quite leafy (but then, so are the right bits of Clapham). And you’re much more likely to bump into celebrities - but that may not be an incentive! And I’m not the best person to ask about rent, since I took the plunge and bought, many moons ago…

That’s not very helpful, is it?
ahunter 18-01-2008, 10:06: Heh heh. Better than nothing :)

I love Clapham (i live by the common). There’s just something about Notting Hill/Bayswater that really appeals to me though. Perhaps it’s all the great restaurants and pubs + the electric cinema is fantastic.

I think i would have to win the lottery to buy in notting hill, so i will probably be stick to renting/flatsharing :)
Nguyenuk11 Admin 18-01-2008, 10:13: What you need to do is regularly check out gumtree.com and have a wander in the region and watch out for rent ads. You never know, but yeah it’s expensive. I suggest you move in with others to make the rent cheaper of course. I’m only fortunate because my mum got our central flat ‘many moons’ ago ;) but damn right, this is the area to be IN.
Rob Hinchcliffe 18-01-2008, 10:20: Interesting article:

http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2008/01/17/lphotspot117.xml

“In 2007 property prices in this prime area rose 32 per cent, compared to the 27 per cent London average…prices are likely to rise again in 2008”
dmj1962 18-01-2008, 11:50: Interestingly, they quote a price of £850,000 for an average property.

But you can still buy for a lot lower than that - they forget to point out that a lot of the property in the area is quite large.

A one or two bed flat is perfectly feasible at half that price…if you’ve £425,000 to blow. :-)
ahunter 18-01-2008, 11:59: Linus - Can borrow 425k? seriously. I’ll pay you back when i get a chance :)

Yeah - Gumtree is great for cheap flatshares. Might have to have a little sniff around this evening!