Southwark dual carriageway is millionaires row

Blackfriars Road in Southwark, south London, has emerged as the new millionaires’ row, recording more sales of homes at over £5m than any other address in the country. Analysis by law firm Boodle Hatfield shows that in the past year there have been 16 sales above that figure on the street, also known as the A201. All were apartments in One Blackfriars, an asymmetrical glass tower nicknamed “the Vase”, which sits by Blackfriars Bridge, across the road from the railway terminus. Meanwhile, sales of properties at £5m or more in the traditional hotspots of Westminster and Kensington & Chelsea were down by 23% over the past year, but were up by 19% elsewhere in London. In the past year 416 sales of properties for £5m or more were recorded by the Land Registry, of which 262 were in Westminster and Kensington & Chelsea, 107 elsewhere in London and 47 outside London.

The Times (11/11/2019)