Mayfair Property Guide

The following is an article by Ludgrove Property. Ludgrove is ranked one of Mayfair's best property buying agencies by Spears, Prime Resi and E-Private Clients. We find properties for home-owners, investors, family offices and developers. Case studies of our work can be found here. To discuss your property requirements feel free to contact us on +44 (0)207 889 2860 or Email: info@ludgroveproperty.com. We'd be delighted to hear from you!

The Mayfair Property Market

As the saying goes 'don't wait to buy real estate, buy real estate and wait'. And so it is to Mayfair where property owners have seen consistent annual price growth with limited downside over the last 30 years - making the area one of the top real estate markets in the world.

• Average Sales Value Houses: £4.85m

• Average Sales Value Flats: £5.9m

• Average £ PSF Sale Price: £2,157 (at Sept 2020)

In the past aristocrats and landed gentry dominated the Mayfair scene but today you are more likely to encounter a young tech millionaire or billionaire resident with 50% of residents expected to be aged between 25 and 44 by 2021.

The restaurant options aren't too bad either - with a restaurant to resident ratio of 38/1 compared to 319/1 across Prime London, you won't be stuck for choice*. Famous residents have included Queen Elizabeth II (born at 17 Bruton Street), Winston Churchill, Benjamin Disraeli and Jimi Hendrix (23 Brook Street).

Clarges is arguably one of Mayfair's most prestigious new developments. Situated opposite Green Park and within a stone's throw of the Ritz, the development is super prime luxury at its finest. However Twenty Grosvenor Square completed by Finchatton in October 2019, featuring 37 new homes and a 25 metre indoor swimming pool arguably raises the benchmark. The quality of the interiors is above and beyond what you'd expect in some of the world's finest hotels.

Feel free to get in touch with Ludgrove if you would like to find out more about buying a property in Mayfair. In the meantime, here are some of our personal highlights:

Restaurants

Scott's, Mount Street

• Cecconi's, Burlington Gardens

• The Connaught, Carlos Place

• Le Gavroche, Upper Brook Street

• The Grill at The Dorchester, Park Lane

• Gymkhana, Albemarle Street

• Hakkasan Mayfair, Bruton Street

• Nobu, Old Park Lane

• Scott's, Mount Street

• Sexy Fish, Berkeley Square

• The Wolseley, 160 Piccadilly

Sexy Fish, Berkeley Square

Hotels

Brown's Hotel, Albemarle Street

• Brown's Hotel, Albemarle Street

• Claridge's, Brook Street

• The Connaught, Carlos Place

• The Dorchester, Park Lane

• Duke's, St James's Place

• The May Fair Hotel, Stratton Street

• The Ritz, 150 Piccadilly

Members Clubs

The Garden at Annabel's, Berkeley Square

• Annabel's, Berkeley Square

• The Arts Club, Dover Street

• The Conduit, Conduit Street

• George, Mount Street

• 5 Hertford Street

• Little House, Queen Street

The Arts Club, Dover Street

Pubs

The Footman, Charles Street

• Coach & Horses, Hill Street

• The Footman, Charles Street

• The Punchbowl, Farm Street

• The Guinea, Bruton Place

• Shepherd's Tavern, Hertford Street

Wine Merchants & Other

Hedonism Wines, Davies Street

Hedonism Wines, Davies Street

Curzon Cinema, Curzon Street

To find out how Ludgrove can help you with your property search you can:

• Call us on 0207 889 2860

• Email us at info@ludgroveproperty.com

• Or visit our website at www.ludgroveproperty.com

* Restaurant ratio data by Wetherell/Dataloft.