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Evening Standard
Evening Standard
Business
Meghann Murdock

London homes with gardens are priced £64,000 higher on average than those without outdoor space

Properties in Chelsea, where a home with a garden is priced £166,000 higher on average than one without outdoor space

(Picture: Daniel Lynch)

Sixty per cent of London homes on the market have access to a garden but would-be buyers can expect to pay a premium of £64,000 on average for the outside space, according to new research from estate agent Benham and Reeves.

If this week’s RHS Chelsea Flower Show is making you green with envy for outdoor space, spare a thought for show locals in the exclusive Kensington & Chelsea borough where homes with gardens come at a £166,000 premium on average.

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