Clash and match – fake and real, flowers and stripes, the Kindle and the paperback – is all the rage. A place where the bish and the bosh come together is the rather unprepossessing Chepstow Place, tucked off Chepstow Corner, and nestled between Notting Hill and Westbourne Grove.
The yin is there with fashionable Farrow and Ball, stylish vet's surgery Pets Naturally (where free poo bags hang enticingly outside on a hook), and hat emporium Misaharada Millinery. And yet, when you're feeling a bit yang, you can pop along and place a bet at William Hill, run your clothes through a cool cycle at Central Wash (one of the remaining launderettes in west London) or buy a paintbrush and roller at Lords decorators merchants.
Spring is traditionally the time when the London market stretches itself and wakes up properly. 2012 is no exception, as can be seen in our latest market intelligence report.
Notting Hill and Holland Park prices are now, on average, 13.5% higher than the previous 2007 peak (Lonres).
But it's interesting to see how this breaks down within the area. The star performers are houses within W14 where prices have risen on average by 19.9% in the last 12 months, compared with houses in W8 increasing in value by an average of 11.4% over the same period, and houses within the W11 postcode rising in value by 10.4%.
By contrast, houses within the W10 postcode have risen on average by 3.2% in the last 12 months.
The Crayson team was cock-a-hoop to hear that Giles Barker had completed his Marathon in 3 hours 49 mins, obliterating his target time of 4 hours 30 minutes. HUGE congratulations to the man who describes himself as having an unwavering aversion to sweating!
His target fundraising of £1,750 now stands at £1,895....and counting! You can read his story, or add to the growing fund, here.
A very impressed, Nick Crayson
26.4.12
These were the words uttered by Crayson team member Giles Barker after an indulgent Christmas lunch, and the ones he may live to regret on Sunday morning when his newly fine-tuned and well-honed body is put to the test.
Who wants two bedrooms when you can have one? The owner of an urbane apartment in Talbot Road, W2, went for best-factor rather than guest-factor when he converted the existing two bedroom flat into an extremely stylish and spacious one bedroom pied a terre. And then set about decorating it in the most sophisticated style.
Property above £2m has effectively just gone up in price by 2%. Already expensive property has just got a bit more. However property in our market has consistently outperformed over the medium and long term and – although the costs are now higher – no doubt homeowners will recoup these costs over time.
Although it might sound thrilling, sometimes being smack in the middle of everything can be a tad tiresome. Which is why living on the fringes of Notting Hill on Clarendon Road, but only moments from Portobello Road, makes good sense.
Running parallel to Ladbroke Grove, two streets to the west, Clarendon Road is one of the most prestigious addresses in Holland Park. The wide and tree-lined street stretches through the heart of this thriving area, joining Holland Park Avenue at its southern extreme. Residents have the advantage of a relatively quiet street location, combined with being on the doorstep of the considerable charms and attractions that the immediate area has to offer - fashionable 'Portland Cross' and Holland Park Avenue in the south; Portobello and Kensington Park Road to the east, to name just a few.
Cheryl Markosky is a freelance national property journalist, who writes for publications including Country Life, Sunday Times, Daily Mail, Mail on Sunday and Sunday Express. She recently moved from Notting Hill to Holland Park, but creeps back over the border to visit old haunts, such as Mr Christians, Oxfam Books and the Electric.
At the time of our autumn report, there was much debate in the office about which season we were technically embraced by. No such doubt now. With the thermometer reading -5C, and snow due to fall in the next couple of days, we are clearly in the grip of winter.
We’ll be sad to see the back of 2011, our first full year of trading. It’s been a wonderful year for all of us at Crayson, we’ve met some fabulous people, sold some amazing houses, and totally immersed ourselves in Notting Hill life.
‘Discreet marketing’ refers to the quiet marketing of a property – no advertising, no presence on the website, no for sale board, no PR; but the property is very much for sale. The only buyers who know about it are those that are registered with the agent, (or a buying agent who has been quietly informed), and who has been qualified by that agent as a serious prospect.
We don’t have a shop window, and don’t feel the need to position ourselves on a high street, taking up valuable retail space, cheek by jowl with every other estate agent. Apparently 94% of house buyers use the internet to find property for sale and no longer feel the need to walk into an estate agent’s office. We strongly suspect the figure is even higher than that in Notting Hill.
We are delighted to be publishing our Quarterly Market Intelligence report. You can see it in full here
It’s our ‘Autumn’ report. Some may be hanging on to the belief that it’s still Summer; others may complain that it is palpably Winter. Technically, both are correct. Meteorologists use a definition of the seasons based on months, with autumn being September, October and November in the northern hemisphere. However, astronomically, autumn doesn't officially start until the autumn equinox, the date when night and day are nearly of the same length and the Sun crosses the celestial equator. That date will be 22nd September.
Six months on from opening our doors in Lambton Place, we’re overjoyed to be able to report that all the houses we have sold have been at the Guide Price or above, and that we have not had to reduce the price of any of the houses we’ve sold so far. What’s more, we recently exchanged on a property in Lonsdale Road well in excess of the guide price of £3.2m, setting a new £ per square foot record for the road and the area.
If you’re buying or selling, or are simply a home-owner in Holland Park and Notting Hill, you may well want to take a look at our research into the local property market. Our quarterly review is hot off the press and captures the character and mood of the area, analysing trends and prices.
…to Crayson client, and Gumball Rally organiser, Maximillion Cooper
It's Gumball time again as celebrities and supercars converge on Covent Garden to participate in the annual Gumball 3000 Rally. Over 100 sensational vehicles set off from London today (26th May) on a 3,000 mile journey across 10 countries to Istanbul in what Vanity Fair Magazine described as ‘the most rock ‘n’ roll car rally ever staged’.
Famed for its outlandish exploits and celebrity participants, Gumball 3000 was created in 1999, when founder Maximillion Cooper invited 50 friends to take part in a 3000 mile drive and party around Europe. Over a decade later, crowds of over a million people attend the rally, and a televised and online audience reaches over 60 million in over 100 countries as fans follow Gumball’s every move.
All of us at 10 Lambton Place loved the Royal wedding; and we’re delighted that those stunning official photographs were taken by a Notting Hill photographer. Hugo Burnand is based in Powis Mews, a few minutes’ walk from our own offices.
The last few weeks have seen precedent prices being set in some of the best properties in the area and to some extent some buyers have rushed to Exchange and Complete before the end of the financial year and beat the increase in the top band of Stamp Duty Land Tax from 4% to 5%.
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