|Bankers Head To Bedford Park
Chiswick ranked amongst prime locations for city bonus spending
'Sophisticated and fashionable' Chiswick is amongst the prime locations for bankers to spend their bonuses according to a property website.
According to Primelocation, which ranked Chiswick 11th out of the country's Top 20, if you were asked to design a fashionable and sophisticated village close to the heart of London, you’d find plenty of inspiration in Chiswick.
Jason Scott, of Faron Sutaria, said: “We’re getting a lot of interest from sellers at the moment, testing the market in advance of bonuses, and some interest from buyers.
“The big attraction here is the Bedford Park conservation area – beautiful, large family homes with a lot of cachet and prestige. The Norman Shaw houses are especially popular and often sell above asking price – we’ve had bankers come here and ask owners ‘how much do you want for it?’. They sell for up to £3.5m.
“We also get younger buyers – newly-weds for example – who maybe used to live in a trendier area like Clerkenwell or Bankside – who come to Chiswick for the more settled feel.
“They’re junior bankers, or lawyers who are not partners yet. They like Chiswick for the village vibe: it has a butcher, a fishmonger, wine bars, restaurants. They’re spending maybe £500,000-800,000 for three-bed terraces in places like the Glebe Estate."
Top 20 Hotspots where bankers buy homes
No.1: Chelsea, London, SW3
January 6, 2011