Research by estate agent Savills has identified Barnsbury in Islington and South Hampstead in Camden as some of the most affluent suburbs in the UK, driven by high household incomes and significant mortgages. These areas boast large family homes, excellent schools, and a variety of local amenities including restaurants and wine bars. Barnsbury has an average house price of £1,219,867, while South Hampstead sits at £1,058,174. Experts predict that the suburban demand will surge as families seek desirable living conditions close to London.
When examining the dynamics of affluent suburbs, the research from Savills illuminates that areas like Barnsbury and South Hampstead are highly sought after due to their excellent amenities and family-friendly environments.
High household incomes and significant mortgages are reflective of the desirability of these suburbs, where luxury homes often sit beside vibrant local businesses that cater to the affluent lifestyle.
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