The W11 area that was once filled with artists and flower shops now sees a new crowd of sophisticated and wealthy residents. The iconic candy-coloured houses of Notting Hill reflect its bohemian past. The area also benefits from a wide array of offbeat music venues and numerous antique shops.
To this day, there are still artists and cultural offerings and the area has some of the best music venues and theatres in London. Every year, one of London’s largest festivals, Notting Hill Carnival, takes places in the streets to celebrate the Caribbean population that once populated it. The festival has a tendency to be very loud and go on into the wee hours of the day. Most residents either take part in the festivities or simply pack up and leave for the weekend.
During the rest of the year, the cobblestone streets are lined up with calm cafés and restaurants. The food choice is world class and the lifestyle that Notting Hill offers is idyllic and very much resembles the eponymous iconic film. It is very well connected to the rest of London, yet still feels like a small neighbourhood when one lives there.
Notting Hill sees a high influx of tourists on Saturdays, making the area, which is usually rather quiet, feel alive and bustling. The iconic Portobello Market is always busy and antique dealers from all over the country hit its stalls as early as 7am on Saturdays to get hold of the good stuff. When you step away from the main streets, though, the rest of the area is largely residential.
Not only does Notting Hill benefit from a very central location, clean streets and a very expansive cultural offering, but it also has worldwide notoriety. For that reason, the property prices in the area are very high, even by London standards. A commercial property for sale is rarely available in the famed Portobello Street, but there are a few around the borough.
There are quite a variety of properties available in the neighbourhood. From modern newly built properties to lofts and Victorian houses, the area has an eclectic array of architecture.
The average property in the area sells for £1,500,000. One-bedroom flats in the heart of the neighbourhood start at around £700,000 and can quickly escalate beyond the £1,000,000 price point, and its not rare for certain properties to go beyond £10,000,000.
The rental market in Notting Hill is always extremely in demand and benefits from high rent prices, thus making it a safe London property investment.
DO – explore the Caribbean flavour of the place by attending the Notting Hill Carnival. Held annually since 1965, the carnival is the largest street festival in Europe.
SEE – a film inside one of London’s most atmospheric cinemas, the Coronet. Built in 1898, the cinema was initially a theatre.