In a new piece by Investec, Black Brick Buying Agents have been asked to share our insights and expertise into how different areas of London affect the prime property market.
Our Managing Partner, Camilla Dell, commented:
“Bayswater appeals to a wide range of buyers, ranging from families to property investors. The area has seen a surge in buyer demand, driven by a £3bn regeneration of Queensway, which includes high-end apartment complexes, restaurant pavilions and landmark retail destinations that will be completed in 2026. W2 is also within striking distance of some of London’s best schools such as Wetherby, Chepstow House and Pembridge Hall.
My favourite part of W2 is The Hyde Park Estate, a small triangle area bordered by the Bayswater Road, Edgeware Road, and Sussex Gardens. The architecture consists of grand, white, stucco-fronted buildings that surround various garden squares and crescents. Residents are close to the park and Connaught Street for essential shopping.
The volume of transactions in W2 is up 14% year-on-year, and there has been a 9% increase in prices. In the last three months, houses achieved an average sales price of £6,082,667. Homes in good condition with period features and high ceilings are most sought-after, particularly in quieter streets.
That said, Bayswater hasn’t been immune from the slowdown caused by increases in stamp duty and the abolishment of the UK Resident Non-Dom rules. The average discount achieved between February and April 2025 was 9% *.”
Read the full article here.