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Living in Westminster: A lifestyle and investment guide

Parliament and Westminster Bridge

The beating heart of the capital, Westminster is one of the most iconic places to live in London.

Rich with history and a centrepiece of English heritage, Westminster is an undeniable part of what makes the capital the place it is today. Hosting the world-renowned UNESCO World Heritage Palace of Westminster, locally known as the Houses of Parliament, residents here are witness to history in action as Her Majesty’s Government conduct the affairs of the nation.

Key royal establishments such as Westminster Cathedral, Buckingham Palace and Westminster Abbey have formed an integral part of the city for hundreds of years, with Westminster Abbey reportedly being founded in the seventh century. As a result, it won’t be a surprise to anyone that property in Westminster comes with a stately price tag.

Where is Westminster?

Westminster is a government district within the City of Westminster. It sits on the north bank of the River Thames, nestled between Kensington and Chelsea and close to the City of London.

You’ll know the district if you have ever visited the National Gallery, Tate Modern, or Parliament Square.

Things to do in Westminster

Living in Westminster, you’ll never be short of exciting amenities. Whether you’re gallery hopping from the Tate Modern to the National Gallery to see the latest exhibitions, enjoying a peaceful Sunday walk around St. James’s Park or celebrating the weekend with a drink at the Queen Elizabeth Roof Garden, there’s plenty of things to do.

Being a wealthy district of London, Westminster offers its fair share of fine dining experiences literally fit for Prime Ministers. Roux at Parliament Square, Kerridge’s Bar & Grill and The Cinnamon Club are all popular choices amongst locals.

For shopping, you have everything you could ever want right on your doorstep with Cardinal Place and Victoria Place, as well as the world-famous Oxford Street running through the city.

Transport

Westminster is in Zone 1 with its own tube station that connects residents with the rest of London via the Circle, District and Jubilee lines. Locals can also get around using the various bus routes, the Matthew Parker Street taxi rank, or the Santander Cycle docking stations in Abingdon Green, Storey’s Gate and Westminster Pier.

Education in Westminster

Families living in Westminster have nearby access to some of the top-performing schools in London, including Hampden Gurney CofE Primary School, St Clement Danes CofE Primary School, King’s College London Maths School, and Harris Westminster Sixth Form.

House prices in Westminster

As an affluent area of London, the average house price in Westminster is £1,634,494 as of October 2020, according to Rightmove. Prices vary due to property type, with terraced houses selling for an average of £3,131,772 and semi-detached properties reaping £4,531,250.

Mayfair is the most expensive area, with an average price tag of £5,942,560, while Maida Hill comes in at the most affordable at £595,696.

Rental prices in Westminster

Rental prices for Westminster vary from £235 to £1,600 per week. The average rental value as of October 2020 is £543 per week.

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