Chelsea soars in popularity in seven-figure property boom
Chelsea is now the most popular area in Prime London, according to recently released data
An incredible 34 houses worth over a million are sold every day – with more than a quarter of the seven-figure property boom houses sold for over two million as prices soar.
Figures from the Land Registry showed that in April this year some 1,028 houses sold for seven figures, with 214 sold for more than two million. This means Chelsea is now the most sought-after spot to live in London, as Russian oligarchs flock to the area.
Over the last year there were 478 sales in Chelsea – with 57 of those homes costing over five million pounds.
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