Eaton Square, Belgravia, London – Property Guide

nestled on the edge of Westminster, Pimlico and Victoria, historic Eaton Square in Belgravia (Postcode: SW1W) is considered the richest thoroughfare in London.

Eaton Square residents enjoy close proximity to the prestigious St Peter’s Eaton Square C Of E School, located at the crux of Lower Belgrave Street, as well as renowned hotspots and popular attractions, including Chester Square, the shoppes of Elizabeth Street and Stone Street, Cadogan Hall, Knightsbridge, Belgrave Square Garden, Westminster Cathedral, Apollo Victoria Theatre and St James Theatre.

Eaton Square now and historically:

• Named for Eaton Hall, the Grosvenor’s county seat in Cheshire, Eaton Square was built between 1826 and the 1850s.
• The terraces of Eaton Square were designed and built at varies times by Thomas Cubitt, George Sutton, Seth Smith and Charles James Freake, and the diverse array of architectural styles seen in Eaton Square property reflects the subtle differences in the work of these famed architects.
• A short jaunt from its affiliated St Peter’s Eaton Square School, St Peter’s Church is located at No. 19 Eaton Square. In 1824, Lord Grosvenor himself placed the church’s foundation stone, and construction was completed in 1827. Interestingly, the church was almost completely destroyed by fire twice in its illustrious history, in 1837 and then in 1988. Its current facade is all that remains of the 1837 rebuild.
• Between 1923-1935, former Prime Minister Neville Chamberlain made his home at No. 37 Ebury Street.
• 1939 Defense Regulations brought myriad changes to Eaton square real estate, and many larger properties were converted into maisonettes and flats.
• Eaton Square is distinct by Belgravia standards in regards to layout, as it is divided by the King’s Road, a former footpath created as a direct route to Hampton Court Palace for Charles II and his family.
• At 23A Eaton Square is Ashcombe House, an 1827 mansion built by Mr. Cubitt that is considered one of the most expensive properties in the world.

Property Prices in Eaton Square

Most recent property sales:

• Ashcombe House, a 7 bedroom 3 reception room terraced town house with gold plated indoor pool and cinema, sold for£30 million on the 31st of March 2016.
• 1 bedroom fourth floor flat for£1.7 million on the 16th of May 2016.
• 2 bedroom Grade II character flat with private garden for£1.57 million on the 8th of April 2016.
• 2 bedroom, 1 bathroom, 1 reception room flat for£3.7 million on the 14th of December 2015.
• 2 bedroom ground floor flat with balcony for£2.65 million on the 7th of August 2105.

Excluding Ashcombe House, which was sold at a price of just over £2,800 per square foot, you will see prices ranging from about £650 to £1,700 per square foot when looking to buy property in Eaton Square.

4 recent property lettings on the market in Eaton Square:

• 4 bedroom, 3 bathroom, 2 reception room flat to rent for£16,467 PCM or £3,800 pw
• 4 bedroom, 2 reception room flat with eat-in kitchen to rent for£18,634 PCM or £4,300 pw
• 2 bedroom, 2 bathroom, 1 reception room flat to rent for£11,700 PCM or £2,700 pw
• 2 bedroom, 2 bathroom flat with fireplace to rent for£10,833 PCM or £2,500 pw

When renting property in Eaton Square, you’ll likely see prices between £5.8 and £7.4 per square foot per month.

What to expect if you’re looking to buy in Eaton Square, Belgravia

Eaton Square surrounds the private Eaton Square Gardens, with access given only to residents. Many Eaton Square homes for sale boast gorgeous garden views, private terraces and plenty of natural light. In the last five years, more than 50 properties on Eaton Square have been snapped up, the majority of which are 1 and 2 bedroom flats, with an average sold price of £5 million and median cost of £1,175 per square foot.

Primarily a residential thoroughfare, you may find that there is ample available Eaton Square property to rent. Depending on your desired space and amenities, such as a fireplace, eat-in kitchen with plenty of storage or in-building porter, you can expect to pay between £5,800 and £7,400 monthly for 1,000 square feet of space.

As the posh thoroughfare is convenient to Sloane Street and the Victoria tube station, those looking to buy property in Eaton Square may want to act quickly in order to secure a house or flat on in this highly sought after area.

Buy or rent a property in Eaton Square

Whether you desire to purchase property on the prestigious northern terrace of Eaton Square or are looking for a temporary home to rent in Belgravia near Ebury Street, contact Douglas Lyons and Lyons on 020 7235 7933. Sellers may opt to keep their property off the general market in order to sell/let discreetly or in an efficient manner, and Douglas Lyons and Lyons has access to exclusive lists of available property in Eaton Square, Knightsbridge and greater Belgravia. Give us a ring today.

Sell or let your Belgravia property with Douglas Lyons and Lyons

When you’re ready to sell or let your property in Belgravia, Douglas Lyons and Lyons has you covered. Get in touch on 020 7235 7933 to schedule an accurate evaluation, survey and quick sale/letting.

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