NW3 has long been a fashionable and desirable area in which to live and this is reflected in the property prices of this hilly part of London. The attractive village centre with its Georgian architecture and wide, leafy avenues, and Hampstead Heath, acres upon acres of spacious public space, ensure the area's popularity. Lavish, new properties have brought a cosmopolitan wealth to Hampstead and it remains one of the capital's most desirable areas in which to live. Close by is Hampstead Garden Suburb, an early 20th century, purpose-built model village with beautiful tree-lined streets and a feeling of space. The whole suburb is a conservation area.
Hampstead Village boasts a variety of properties including imposing detached mansions and picturesque homes dating back to the 17th century. Further out, there are the Georgian, Edwardian and Victorian semi's and terraces, many of which have been converted into flats, as well as 1 and 2 bedroomed cottages. Modern luxury homes in Hampstead have resulted from conversions or replacements of existing buildings such as hospitals and colleges. Potential for new build is limited due to the scarcity of building land. In Hampstead Garden Suburb, a few flats can be found amongst the century-old, purpose-built houses and cottages.
Well-heeled families, foreign tenants, international business people, the rich and sometimes the famous, as well as the occasional tycoon.