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With the most expensive street in England, Egerton Place, and the UK's most expensive postcode SW1X, some of the most vibrant and diverse cultural offerings, attractions people travel around the world to see and the city's key regeneration area all within its boundaries, if you can afford to invest in a South West London property you probably should.
A collection of luxurious new homes are to be built near King's Road, Chelsea, on a plot which was purchased a few days ago for £85m by a hedge fund.
The new development, called The Glebe, is being tipped to become the most expensive address in London, overtaking One Hyde Park in the process, with experts expecting an individual new home to sell for as much as £35m, if not more.
The owner of Manchester City, Sheikh Mansour, plans to fund the construction of new homes and commercial units in the land surrounding the football club's stadium, as part of the regeneration of the wider Manchester area.
The Premiership and FA Cup double-winning champions Chelsea take on the almighty Manchester United this Sunday in the traditional curtain raiser to the football season at Wembley in a repeat of last season's Community Shield contest.
Manchester United will be gunning for revenge after Chelsea won last year's contest 4-1 on penalties after the match finished 2-2. But there will be no shortage of respect among the players on the pitch on Sunday.
15 March 2010
Demand among overseas nationals eyeing up new homes in the UK could continue to grow over the coming months, after the UK pound's value fell once again this morning.
Last week's slight recovery in sterling's worth was short-lived because the currency's value dipped this morning, after credit ratings agency Moody's once more warned that the UK's Aaa credit rating is under threat due to the country's high national debt levels.
Sterling dropped 1% against the US dollar at $1.5118 - slightly above the all time low of $1.478.