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London’s best place to live in 2024 named ‘area for the rich’, as each borough was ranked

The best place to live in London has been voted by MyLondon readers – and it probably won’t come as much of a surprise to most. According to our readers, Richmond Upon Thames in South West London is the best place in the city to live, and with its luxurious style, leafy green spaces and excellent transport links, it’s easy to see why.

Richmond has been described by locals as a great place for young people to live in London, so it’s understandable that there would be a high vote for the borough. Speaking to MyLondon in 2023, Guy Chance, 69, said Richmond was “a lot of fun for young people, all the things they can do on the social side, it’s a lively place”.




But while it’s very popular, it’s also very expensive for many, making living in the neighborhood a challenge. Tony Khatchik, who runs children’s store The Toy Station, says: “The average family is younger now than it was 20 years ago, yet they have big mortgages because prices are so high and everything else is expensive, so they don’t have so much. lots of disposable income.”

READ MORE: A depressing new map shows the London boroughs with the biggest rent price increases for 2024

People watching in Richmond Park (Image: Rasid Necati Aslim/Anadolu Agency)

He said central Richmond had always been “a playground for the rich and the millionaires” but that this had spread to the outskirts now so that homes “that were affordable … have tripled in price”. He remembered a time, now 20 years ago, when it was possible to buy an apartment or a house with a modest income.

But now, the area is only for the very rich, he said. According to the ONS, the average house price in Richmond in March 2024 was £746,000, compared to the London average of £500,000 for the same month.

The second best place to live, according to readers, is Bromley in south London, on the Kent border. The borough includes parts of Crystal Palace as well as Penge, Orpington and Anerley within its boundaries, as well as several football teams.

But while it has proved popular with MyLondon readers, it is one of six London boroughs that has no Tube station within its boundaries. Connections to central London and beyond are provided via London Overground transport and rail services.

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