For many years the majority of ordinarily wealthy British property buyers have been shut out of prime London property. But stagnant prices in Kensington and Chelsea for a decade might let a sliver of light in.
Consider that if in 2014 you were a young-ish banker (or more likely a couple) who’d reluctantly moved to still-lovely Zone Three – say Wimbledon – rather than continuing to live your dream life in Notting Hill.
Your Wimbledon property has gone up a bit in value:
Source: KFH
Okay, so a 10-30% price gain over ten years is hardly the crazy house price explosion that London saw from the mid-1990s to 2016.
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