London homes with gardens are priced ?64,000 higher on average than those without outdoor space

The south-west London area has the highest premium for outdoor space in London, but buyers can expect to pay a premium for it on average of?64,000. The highest premium for outdoor space in London is paid by the south-west, but more central boroughs like Westminster, Camden, and the City of London have premiums of?100,000. On average, Bexley in south London has the lowest outdoor space premium at?47,000. The prices of homes with gardens are the most expensive in London. They are?41,000 more expensive than those without. Queensway development launches a?60 million penthouse. Crossrail property hotspots – Elizabeth line stops with the highest house price growthElizabeth Line launch: The cheapest place to buy a house or flat along the Crossrail route. Knight Frank reports that the private garden premium for flats has increased more than two percent in the year to April. The average asking price of a London flat without a private garden is now 19% higher than the one with one, up from 16.6 percent in April 2021. According to the Office for National Statistics in London, 20% of London’s households do not have access either to a shared or private garden. This is the highest proportion in the UK.