Knightsbridge falling both in the City of Westminster and the Royal Borough of Kensington and Chelsea, has traditionally been regarded as an affluent area of London, with high end shopping such as Harrods on Brompton Road, the main arterial road in Knightsbridge and Sloane Street, to the south. Another huge appeal to Knightsbridge is the high number of prestigious five star hotels, many of which enjoy a view of the expansive Hyde Park (350 acres).
Over the last twenty years the area has experienced extensive regeneration, with new and expensive apartment buildings being built close to Hyde Park. These include, Trevor Place, Lancelot Place, The Knightsbridge and perhaps most famously, One Hyde Park (serviced by the Mandarin Hotel).
As a result of this, much of the housing stock is formed of large apartment buildings, many of which are owned by overseas individuals. Examples of the preferred residential addresses are the famous Lowndes Square for apartments and The Egertons for houses. There are some attractive garden squares as well, these run southwards from Knightsbridge to Chelsea.
The overseas ownership and sporadic occupancy of many of these homes has resulted in Knightsbridge having quite a seasonal community, very busy in the summer months and then quieter in the winter months.
Knightsbridge, in its time, has achieved some of the highest £ per sq ft in London. These levels have now been eclipsed Mayfair.
Harvey Nichols Department Store