Here’s Why Marylebone’s Home Prices Remain Strong
In 2016, the revenue of private hospitals in Harley Street exceeded £400 million, more than a quarter of the city’s total acute private healthcare sector. The availability of expert specialists and therapists has been a big draw to affluent older buyers and contributed to Marylebone’s growing reputation as a desirable neighbourhood. In fact, if you have one or multiple properties for sale in Marylebone, you may be able to negotiate a higher sale price. Average sales prices were up 3% in the past three months in contrast to the falling prices for homes in other prime central London areas.
‘How walkable is the neighbourhood?’ is a common question posed by home buyers and for good reason. Walks and sports activities in London’s picturesque parks is exactly what the doctor ordered! Quick access to the city’s lively green spaces is always welcome, and anyone looking to rent in Marylebone will not be disappointed. It is in proximity to Hyde Park and Regent’s Park. Hyde Park is a London institution from where you can make your way around many more beautiful places scattered across a 350-acre space, including Kensington Palace and Gardens, Apsley House, Wellington Arch, Albert Memorial, Speaker’s Corner and Serpentine Galleries.
The Marylebone Underground station connects to Bank Station in 18 minutes flat. Museums and art galleries are also located in proximity, allowing residents to immerse in the cultural and artistic experiences they crave conveniently.
Those who don’t care so much for the bustle of Oxford Street will love Marylebone’s quieter ambiance of tree-lined pavements, Parisian cafes and unique boutiques. To new residents desirous of indulging in a bit of glitz and glamor, our estate agent Marylebone would recommend Chiltern Firehouse, a favourite celebrity hotspot distinguished by its fabulous menu, elegant style and fun atmosphere.
Families in Marylebone look forward to the Summer Fayre, an annual street festival with food, drinks, craft stalls, music, dance, farmer’s markets and children’s activities. The neighbourhood’s historic feel is evident in its classic Victorian buildings; almost 44% of Marylebone’s homes were built prior to 1900. With its old-world charm intact, Marylebone holds its own amongst other desirable prime central London neighbourhoods.
