News · 23 March 2016
Looking for a Flat With a View?
New research finds buyers face paying up to a 50 percent premium for a flat with a Thames view in west London developments.
New research has found homebuyers in this area could face paying a 50 percent premium for views of the Thames river.
According to estate agent Marsh and Parsons, a two-bedroom flat with views of the river in King Henry's Reach, situated on the Middlesex side of the course on the approach to Hammersmith Bridge, is currently on the market for £1,250,000, equivalent to £1,275 per square foot.
A comparative two-bedroom flat in the same gated development with no Thames view is £825,000, that is £425,000 less, meaning the view demands a 52 percent premium.