As we head into spring and Londoners flock to parks across the city, we're looking at what park-side living means for property buyers and sellers.
The sunshine has transformed London today. Whether you're enjoying lunch on a local Common or drinks at a riverside pub, days like this showcase why homes near parks command such premium prices.
Is it worth booking a viewing? Getting your park-adjacent home valued? Here’s what our experts have to say…
Expert insight: the park premium
For this, we look to a local expert. William Cooke, Operations Director – Sales in Foxtons Battersea office, shares his experience with property near Battersea Park:
"Living near London's parks commands significant price premiums, we even shared some research showing properties adjacent to premier parks priced 53% higher than the broader market. Battersea Park boasts the second-highest premium in the capital, with homes across SW11, SW3, and SW8 averaging £927,098—50% higher than wider Wandsworth.1
I can tell you from experience that homes near Battersea Park are remarkably sought-after. They rarely linger on the market – we often have multiple viewings scheduled within days of listing, and competitive offers follow quickly.
As a seller, this means you can expect strong interest and potentially favourable selling conditions. We're constantly on the lookout for new properties in this area to meet the persistent demand from our qualified buyers.
For buyers, these spring days truly showcase what makes Battersea special - families enjoying picnics by the lake, joggers on tree-lined paths, and residents savouring the peaceful green space in urban London. When you purchase here, you're not just buying a home but investing in a lifestyle and a historically resilient asset.”
1 Source: Foxtons research - available in Property Industry Eye
The green city
With nearly 3,000 parks across London (source), this 'park premium' extends well beyond Battersea. From the vast expanses of Richmond Park to the manicured gardens of Regent's Park and the community feel of all our amazing local Commons, proximity to green space consistently boosts property values.
At Foxtons, our local experts can provide tailored insights for your specific area – whether you're selling near Greenwich Park, buying close to Hampstead Heath, or exploring options around Victoria Park. We understand the nuances of each local market and can help you maximize your property's park proximity value or find the perfect green space home that meets your lifestyle needs.
The sunnier side of London living
Searching for that perfect south-facing garden flat? Wondering what your Holland Park property is worth in today's market? With spring arriving, it's the ideal time to explore London homes, and our local expertise can help you spring into action:
Source: This article uses local knowledge from one of our Operations Directors, as well as Foxtons own data on property premiums around parks. With it, we aim to give a snapshot of the opportunities around the kinds of homes we’re all dreaming of on these lovely, sunny days. If you have any questions on the article, ask a Foxtons expert.
