Study rates London property most likely to increase despite Brexit uncertainty

Kensington and Chelsea is the best place in London to invest in property as Brexit fears continue to hit prices, according to a new analysis. The study rates properties in the capital according to their ‘diamond’ investment status which looks at those most likely to increase in value and given a score of between one and 10. The analysis by property investment portal One and Only Pro, found that 19% of properties in Kensington and Chelsea are rated as ‘diamond’ with an average price of over £1 million. Whereas developers and investors would typically be looking for growth areas, the research shows that property is all about location. It is currently better to buy in the prime areas of London, as it offers investors better returns, terms of location and long term value.