Forbes has listed the most expensive postcodes in London:

1. SW3 Chelsea, Brompton Average Home Sale Price £1,956,024
2. SW1X Knightsbridge Average Home Sale Price £1,910,987
3. SW1W Belgravia Average Home Sale Price £1,902,467
4. W8 Kensington Average Home Sale Price £1,891,100
5. NW8 St John’s Wood Average Home Sale Price £1,800,571
6. NW3 Hampstead Heath Average Home Sale Price £1,697,553
7. SW7 South Kensington Average Home Sale Price £1,640,722
8. WC1N Bloomsbury Average Home Sale Price £1,499,219
9. SW10 West Brompton Average Home Sale Price £1,361,781
10. W11 Notting Hill Average Home Sale Price £1,357,941
11. W2 Bayswater Average Home Sale Price £1,311,033
12. W14 West Kensington Average Home Sale Price £1,283,763
13. NW1 Regent Park Average Home Sale Price £1,142,685
14. N6 Highgate Average Home Sale Price £1,123,608
15 SW13 Barnes Average Home Sale Price £1,075,588
16. W1K Mayfair (North) Average Home Sale Price £1,048,626
17. SW5 Earls Court Average Home Sale Price £1,041,025
18. W1H Marylebone Average Home Sale Price £1,034,483
19. SW1V Pimlico Average Home Sale Price £937,226
20. W1J Mayfair (South) Average Home Sale Price £934,643

See the article with details and illustrations of London’s most expensive postcodes HERE

Property developers Minerva PLC and Northacre PLC are planning on rebuilding the Odeon Cinema in High Street Kensington. They bought the movie theatre back in 2005 for £24 million. The cinema that was originally built in 1920’s is being turned into ca 35 (ca. 100,000 sq ft) private high-end residential apartments and 5 townhouses with an underground car park and six screen cinema (1056 seats). The building of The Kensington should start in 2008.

Photos Minerva PLC & Northacre PLC