Property millionaires: what £1 million buys you in every London borough

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Property millionaireship in London is no longer an exclusive club as house prices continue to rise.

Indeed, almost 80 per cent of local authorities in England and Wales have seen sales of at least £1 million+ so far this year – up from just over half in the first six months of 2012.

In London, every borough has a seven-figure property or two – and in some neighborhoods it’s now more than the maximum cost price.

And according to research, by estate agents Benham and Reeves, the capital is the country’s £1m-plus home hotspot, with sales of £3,342m so far in 2022.

But the headline figures hide many sins. Across London a budget of around £1m will buy you everything from basement flats to penthouses, and from mews houses to modern family homes:

Barking and Dagenham

In London’s cheapest borough, you can find this detached house (above) with four bedrooms, four reception rooms, and a separate outbuilding with two additional bedrooms. The Longbridge Road property also has a large garden and a garage for off-street parking.

Tyrone Ash Real Estate, 03333 050656

Barnett

A two bedroom cottage on Wileyfield Way, Hampstead Garden suburb

/ Right move

In Barnet, £1 million will buy you a rustic two-bedroom cottage set on a green back with a sprawling garden.

Dexter’s, 020 7435 9822.

Bexley

Right move

There is currently only one property for sale in Bexley – a detached four-bedroom Grade II listed cottage, which comes with a large garden with a paddock and two stables.

Park Estates, 013 2253 5048.

Brent

Four bedroom house in Kingsbury

/ Right move

A four bedroom detached house in Kingsbury approached via a driveway leading to a front garden with off street parking for several cars and a large rear garden with patio and lawn in Brent. 1 million purchase.

Andrews Estate Agents, 020 8012 2095

Bromley

300 year old cottage on Chislehurst Road, Bickley

/ Right move

In London’s most south-eastern borough, you can get a four-bedroom Grade-II listed cottage for £1 million. Dating from the 1800s, the building originally consisted of three cottages, but is now a sprawling 2,700 sq ft home, with three outbuildings, three reception rooms, a double garret and a 121ft wide garden.

Brown Estates, 020 8012 1854

Camden

One bedroom flat on Arkwright Road, Hampstead

/ Right move

This one bedroom flat in Hampstead is set on the upper ground floor of a Victorian conversion, with high ceilings, large windows, wooden flooring and two fireplaces.

Knight Frank, 02080123474.

City of London

Cromwell Tower, Barbican

/ Right move

In this central London borough, you can buy a three-bedroom modernist flat on the ninth floor of the Barbican’s Cromwell Tower for £1.25 million. Built in 1973, it is one of the three original Barbican towers, and has 108 flats and three maisonettes over 43 floors.

Frank Harris & Co, 020 7600 7000

Croydon

Four bedroom house on Lordsbury Field, Wallington

/ Right move

This 1930’s cottage style home is on a leafy road in Wallington, close to local schools and the town centre. There are four bedrooms, three bathrooms, a garage and a secluded 75ft rear garden.

Winkworth, 01737 904134

Ealing

Kingsley Avenue, Ealing

/ Right move

On Kingsley Avenue, it’s a Georgian semi-detached house with “period charm”. Highlights include the conservatory, which leads onto the west-facing garden, and bay windows throughout.

Leslie & Co, 020 8012 5319

Enfield

Oakfield Road, Southgate

/ Right move

In Enfield, a million will buy you a five-bedroom, 1,839 sq ft Edwardian house. Period details include floor tiles in the entrance hall, corniced ceilings, fireplaces and bay windows. The house is close to Broomfield and Grovelands Parks, Palmers Green and Southgate Tube.

Anthony Pepe, 020 8012 5308

Greenwich

King George Street, Greenwich

/ Right move

In Greenwich, your money’s worth will stretch to a two-storey end of terrace house on King George Street, less than a minute from Greenwich Park. There are three bedrooms, three bathrooms, loft space for storage and a small garden.

Conran Estates, 020 8012 3034

Hackney.

One bedroom open plan warehouse flat in Shoreditch

/ Right move

Fashionable East London calls for industrial chic and this Victorian warehouse conversion on Cotton Gardens in Shoreditch offers 1,200 sq ft of open-plan space, with oak floorboards, high ceilings and exposed steel beams and columns. .

The Modern House, 020 3795 5920

Hammersmith and Fulham

Fulham Reach, Distillery Road

/ Right move

This two-bedroom waterside apartment in the new Fulham Reach development is priced at £1,010,000 and has access to a screening room, spa, swimming pool, gym and virtual golf simulator.

Chestertons, 02080126284

Lose

Princes Avenue, Muswell Hill

/ Right move

This three-bedroom flat in an Edwardian conversion is priced at £1.1 million. Located in the heart of Muswell Hill, it has a 50ft rear garden and large kitchen and dining area.

Stonebridge & Co, Fine & Country, 020 8012 5918

Hero

Old Church Lane, Stanmore

/ Right move

This five bedroom detached family home in Stanmore is close to outstanding rated local schools and Stanmore and Canons Park underground stations. Outside, a patio and pool extend into a large garden with a shed and secluded outdoor seating. It cost £1.25 million.

Hampton, 020 8012 7528

Havering

Links Avenue, Romford

/ Right move

In Havering, a million will buy you a four-bedroom detached house in Gidea Park, near Romford. Close to the newly opened Elizabeth Line, the property also has off-street parking and a garden. It cost £1.1 million.

William H Brown, 01708 923042

Hillingdon

Portman Gardens, Uxbridge

/ Right move

At the very end of the Metropolitan line, you can buy a large six-bedroom house with two reception rooms, an open-plan kitchen, bathroom and conservatory for £1.175 million.

Purple Bricks, 020 8012 7448

laugh

Three bedroom mansion flat in Chiswick

/ Right move

This three bedroom garden flat is situated in a popular mansion block in Chiswick. The ground floor flat’s south facing garden is a valuable and rare amenity in Prebend Mansions, close to Stamford Brook and Turnham Green tube stations.

Whitman & Co, 020 8012 1791

Islington

St Peter’s Church, 124 Dartmouth Park Hill, Islington

/ Right move

This two bedroom flat on Dartmouth Park Hill is inside a converted church, giving it triple height ceilings, exposed wooden beams and stained glass windows. It cost £1.25 million.

Marsh & Parsons, 020 3858 2403.

Kensington and Chelsea

Right move

Meanwhile, in the capital’s most expensive borough, a cool million will buy you this pied-à-terre on Beauchamp Place in Knightsbridge. The 630 sq ft third floor flat has one bedroom, a separate living/dining room, galley kitchen and a shower room with a lift and caretaker.

Dexter’s, 020 7373 8883

Kingston on Thames

Elton Road, Kingston upon Thames

/ Right move

This three-bedroom, two-story home in Kingston has been extended to create a stunning entryway with vaulted ceilings and awnings. There is wooden flooring throughout, and a log burner in the living room for the winter months. It cost £1.1 million.

Carrington, 020 8012 1744

Lambeth

14 Dowland Street, Vauxhall

/ Right move

This split level maisonette is part of a warehouse conversion at Vauxhall. For £1.176 million, you’ll get three bedrooms, an open-plan living space and excellent transport links.

Global House Estates, 020 8012 3014

Lewisham

Five bedroom house in Brockley

/ Right move

On Darfield Road in Brockley, this renovated five bedroom, two bathroom Victorian terraced house is well located for the area’s excellently rated schools and its many parks. It is likely to expand further under planning.

Peter James, 020 8012 6984

Merton

Right move

In south-west London you can buy a 1,473 sq ft three-bedroom house with a double rear extension and a 43ft garden near Wrens Park station. The entire upper floor is a master bedroom suite with built-in wardrobes and an en-suite shower room.

Alison, 020 8012 3236

Newham

Windsor Road, Newham

/ Right move

A refurbished Victorian end of terrace house on one of Forestgate’s most sought-after streets is yours for £1.25 million. Located in Woodgrange Conservation Area, it’s close to Wanstead Flats and Epping Forest – plus, it has its own walled garden.

Sterling Ackroyd, 020 8012 7516

Redbridge

Brandsbury Square, Repton Park, Woodford Green

/ Right move

A five-bedroom house, originally the water tower of a Victorian hospital in Woodford Green, Essex. It is priced at £1.195 million.

John D Wood & Co, 020 8012 1734.

Richmond upon Thames

Star and Garter House, Richmond Hill

/ Right move

A one-bedroom flat in Richmond’s former Star and Garter Hotel, built in 1906 to care for wounded soldiers. It offers views of London, and a leisure suite with pool, spa, treatment room and cinema.

Marsh & Parsons, 020 8012 0274

Southwark

Lent Street, London Bridge

/ Right move

This slim two-bedroom townhouse in the borough could be yours for £1 million. At 4.55 meters wide, it is set over three floors and covers 1,171 square feet.

Frank Harris & Co, 020 7620 3400

Sutton

The Gallup, South Sutton

/ Right move

In Sutton, a million can buy you The Gallop, a three-bedroom flint cottage that “looks as good as it looks”. The characterful home has a detached double garage and large garden, and is close to nearby schools.

Fine & Country, 020 8012 3733

Tower Hamlets

Bagshaw Building, Warden, Tower Hamlets

/ Right move

It’s a newly constructed two bedroom corner apartment in Bagshaw Building, Wardyan. It has a wrap-around garden balcony, views of Canary Wharf and access to a private dining area, rooftop observatory, gym and yoga studio.

Johns & Co, 020 3858 2628

Waltham Forest

The Arbor, Orford Road, Walthamstow

/ Right move

A new, two-bedroom eco-house in Walthamstow village aims to “set a new standard for sustainable development”. It is carbon negative and net energy positive, which means energy bills will be almost negligible. Along with its photovoltaic panels that provide electricity, the walls are made from compressed earth bricks, the lampshades from the site soil and the worktops from wood shavings from the wooden frame.

The Stowe Brothers, 02038589264

Wandsworth

Mountford Mansions, 100 Battersea Park Road

/ Right move

Two bedroom, New York style mansion flat in Battersea on the second floor of a Grade II listed building. There is an elevator, 24-hour concierge, communal courtyard and roof terrace.

Knight Frank, 02080121558

Westminster

Chesham Place, Belgravia

/ Right move

In Belgravia, £1.05 million buys you a one-bedroom basement flat with contemporary interiors and a private patio.

Foxton, 020 8012 6792