According to an article in the financial times, it seems Battersea is becmoing a popular destination for people working in the finance markets. Bankers and insurance workers are heading to the area as it’s close to Chelsea, but doesn’t come with the associated cost of property.House prices in Chelsea are generally much higher than the property prices of Battersea.
Come September, Thomas’s school on Battersea High Street will also welcome perhaps the most famous four-year-old on the planet: Prince George.
Last month, the developer behind the Battersea Power Station scheme of more than 4,360 apartments slashed profit forecasts amid rising costs and wider economic uncertainty. According to Knight Frank data, house prices across Battersea are down 2.6 per cent in the year to March. Yet Kris Ericsson, sales manager at Knight Frank Battersea & Nine Elms, argues that domestic interest is still strong: “I haven’t seen this many British born or European buyers looking in Battersea since the end of 2011, 2012.” On the other side of Battersea Park, Banda Property is marketing a duplex, three-bedroom penthouse in a new-build block on Radstock Street in North Battersea for £7.95m.
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