Buy 100 Bexley homes for the price of a Chelsea mansion
PUBLISHED: 11:38 03 February 2015 | UPDATED: 11:38 03 February 2015
Or just seven for the price of an ordinary Kensington home
FANCY moving from Bexley to one of the most exclusive parts of London? It could take you some time.
The average house price in the borough is one seventh of that in Kensington and Chelsea, according to Land Registry data analysed by property specialists Potrell.
Over the last seven years, the average home in Kensington and Chelsea sold for £1.34 million, compared with the Bexley average of £196,015.
On Kensington’s most expensive street, The Boltons, the average home retails for an impressive £19,983,000 - one hundred times the average Bexley price.