Rowing through Prime Real Estate
This month sees the return of The Boat Race, an iconic annual event first held in 1829, and one of OQO London’s favourite sporting events held in the capital.
The Boat Race has become synonymous with British tradition and excellence between the Cambridge University Boat Club and the Oxford University Boat Club – a battle of strength, precision, and determination, taking place along the River Thames in southwest London.
Starting at Putney Bridge the race passes through four miles of prime property areas including Fulham, Hammersmith, Barnes, Chiswick and Mortlake, finishing at Chiswick Bridge, with spectators lining the river’s edge for a glimpse of these arch rivals doing battle to take the title.
This stretch of the river offers a unique perspective of some of London's most desirable neighbourhoods, and the race's route travels through areas with significant historical and cultural value.
This course not only traverses some of the most prestigious parts of London but also takes in areas known for their prime real estate.
Here's a look at the property values in these key areas along the route:
1. Putney
As the starting point of the modern-day race, Putney is a well-known area for its riverside charm, strong sense of community, and proximity to central London. With great schools, green spaces, and a lively high street, it appeals to families and professionals alike.
Property Values:
Putney has an average property value of around £700,000, though prices can soar for riverside properties or larger homes. High-end homes along the Thames can easily exceed £3 million, with luxury apartments reaching up to £5 million. The area is increasingly sought after due to its excellent transport links and residential appeal.
2. Fulham
Fulham, nestled between Putney and Chelsea, is one of London's most desirable neighbourhoods. Known for its upscale living, proximity to King’s Road, and a variety of trendy cafes, shops, and green spaces, Fulham has become a hotspot for affluent professionals and families.
Property Values:
The average property price in Fulham is approximately £1.5 million, but like many prime areas in central London, the range can be much higher. Luxury homes, particularly those along the river or in prime locations such as Fulham Riverside or Parsons Green, can cost upwards of £3-£6 million. Fulham offers an upscale urban lifestyle, making it one of the most expensive areas along the racecourse.
3. Hammersmith
Hammersmith, a key business and transport hub, offers a mix of residential, commercial, and leisure spaces. The area has become more attractive to families and professionals due to its central location, excellent transport links, and proximity to the Thames.
Property Values:
Property values in Hammersmith are somewhat more affordable than Fulham but still on the higher end of the spectrum for London. The average price is around £850,000, but riverside properties or larger family homes in areas like Hammersmith Grove or near the river can exceed £2-£3 million. Hammersmith offers a blend of residential convenience with proximity to central business districts.
4. Barnes
Moving into Barnes, this charming and leafy neighbourhood is known for its village feel, excellent schools, and picturesque riverside views. With easy access to central London via the District Line, Barnes combines tranquillity with an affluent lifestyle.
Property Values:
Barnes has a reputation for being one of southwest London's most desirable areas, with property prices averaging £1.5 million. Riverside properties and large family homes can command anywhere between £3-£6 million, with some of the most exclusive homes reaching well beyond £7 million. It is a location that appeals to wealthy families looking for a peaceful setting with excellent amenities and transport links.
5. Chiswick
Chiswick, located further along the Thames, is known for its wide, tree-lined streets, beautiful parks, and a strong sense of community. The area is popular with professionals and families, offering a more suburban lifestyle while still providing easy access to the city.
Property Values:
Chiswick is one of the most expensive areas in west London, with average property prices around £1.2 million. Riverside properties and large homes can command figures upwards of £3 million, with some of the most prestigious homes approaching £6 million or more. Its proximity to central London and excellent schools make it particularly attractive to affluent families.
6. Mortlake
Mortlake, where the race finishes, is a quieter residential area with excellent river views. It offers a more relaxed atmosphere compared to its neighbouring districts but still enjoys the benefits of being close to central London and the Thames.
Property Values:
Mortlake’s average property price is approximately £700,000, but properties closer to the river, particularly in sought-after locations like the Mortlake riverside, can fetch prices between £1.5-£2.5 million. The area is appealing for those looking for more affordable living compared to its neighbouring areas like Barnes or Fulham but still offers proximity to the Thames and good transport links.
Summary of Property Trends
The modern-day Boat Race route passes through a variety of prime southwest London property areas, offering a mix of high-value and relatively more affordable homes.
From the luxury riverside apartments in Fulham to the more serene, family-friendly atmosphere of Barnes and Chiswick, these areas along the Thames are among the most sought-after real estate in London.
Putney: £700,000 average, up to £3-£5 million for riverside homes.
Fulham: £1.5 million average, up to £3-£6 million for luxury properties.
Hammersmith: £850,000 average, up to £2-£3 million for riverside homes.
Barnes: £1.5 million average, up to £6-£7 million for exclusive properties.
Chiswick: £1.2 million average, up to £3-£6 million for prime homes.
Mortlake: £700,000 average, up to £2.5 million for riverside properties.
For anyone considering living near the Boat Race route, these areas offer an exclusive slice of London living, where historical appeal and natural beauty combine with premium property prices.
On April 13th both Oxford and Cambridge will be pushing themselves to the limit, fighting for that one goal: to cross the line first.
But only one crew will come out on top.
The same can be said for the property market – with so many contenders, it's easy to feel like you're in a race yourself.
So, how do you get ahead?
Just like these elite athletes, you need the right team in your corner.
That’s where OQO London steps in.
Whether you're buying a family home or your next investment, we’ll make sure you're part of the winning team – always a length ahead of the competition.
Contact OQO London now.