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Eaton Square: Houses here cost £20m to £30m
Eaton Square: Houses here cost £20m to £30m
Eaton Square: Houses here cost £20m to £30m Des res: The favourite addresses of the super rich

Where the highest fliers love to live

Hugo Duncan, City Correspondent
2 Nov 2007


These are London's streets of success.

The Evening Standard today spotlights where the capital's corporate powerbrokers choose to make their homes.

Exclusive research with directories and search group 192.com, compiling a host of official filings including company reports and electoral rolls, shows that Eaton Square in Belgravia and Shad Thames in Bermondsey are the top two addresses for directors of firms with turnover of more than £10 million.

Buckingham Palace Road and Cadogan Square follow close behind. Other popular streets among £10 million-plus boardroom big hitters include Warwick Square in Pimlico, which is loved for its private gardens and tennis court. White-stuccoed Portland Road, home to local landmark Julie's restaurant in Notting Hill, is also a big favourite.

Notting Hill and St John's Wood feature highly on the power list while further out, Castelnau on the south side of Hammersmith Bridge, attracts the powerful rich thanks to its large houses, easy commute into the City and proximity to some of the best schools in the country such as The Harrodian and St Paul's. Former Tory MP and wordsmith Gyles Brandreth and smoothie actor Nigel Havers add a touch of celebrity interest to the mainly big business folk who live here.

Kensington and Chelsea is the most powerful borough in London with 1785 directors of £10 million-plus firms living there, followed by Westminster with 1653.

Barnet scores highly thanks to the popularity of leafy Hampstead Garden Suburb while Camden benefits from West Hampstead. Further out, Richmond completes the top five.

Eaton Square and Cadogan Square have long been among the most prestigious addresses in London, the jewels in the crown of the ancient Grosvenor and Cadogan estates respectively.

Savills director Brian D'Arcy Clark said: "Both are established addresses which have always attracted London's powerful buyers, buyers who are doubtless attracted by the company they will be able to keep."

Eaton Square was built by the Duke of Westminster along with Belgrave Square and Chester Square in the 19th century and is named after Eaton Hall, the Grosvenor family seat in Cheshire.

It is "the most prestigious Belgravia address", according to Charlie Willis, of estate agents Strutt & Parker, and notable past residents include Prime Ministers Neville Chamberlain and Stanley Baldwin and former Foreign Secretary Lord Halifax.

More recently it has attracted Noam Gottesman, founder of Mayfair hedge fund GLG, investment guru George Soros, advertising and art dealing millionaire Charles Saatchi and his wife Nigella Lawson, and Lord Harris of Peckham, the Carpet King who founded Carpetright. Football managers Jose Mourinho and Sven-Goran Eriksson have also lived there.

Cadogan Square is the heart of Earl Cadogan's estate and lies just off Sloane Street, where the capital's most exclusive haute couture boutiques are found. It is home to bankers and top executives as well as Formula One tycoon Flavio Briatore and entrepreneurial jeweller to the stars, Theo Fennell.

"The square blends the grandeur of Belgravia with the informality of Chelsea and a dash of Knightsbridge," says Simon Umfreville of Chesterton.

While Eaton Square and Cadogan Square are old favourites for London's rich, famous and powerful, Shad Thames has sprung up much more recently.

Running east from Tower Bridge along the south bank of the River Thames, in Victorian times it was the largest warehouse complex in London housing tea, coffee and spices.

Charles Dickens described the east end of Shad Thames, then called Jacob's Island, as "the filthiest, the strangest, the most extraordinary of the many localities that are hidden in London" and set parts of Oliver Twist there, including Bill Sikes' death.

Following the post-war decline of the warehouses a huge redevelopment programme in the 1980s and 1990s transformed Shad Thames into one of London's hotspots. Many of the warehouse conversions, including the highly sought-after Butlers Wharf, offer stunning views across the river to the City.

It is walking distance to the Square Mile or a River Bus ride to Canary Wharf and therefore very popular among City workers, including a host of bankers, lawyers and headhunters.

BP finance director Dr Byron Grote and Peter Burema, president of Global Pharmaceuticals at Ranbaxy Laboratories, live here.

Westbourne Park Road is the most popular street among female directors,who are attracted by large houses and gardens and a wealth of specialist shops on Portobello Road and Westbourne Grove.

There is also good access to the City and West End as well as Heathrow airport.

EATON SQUARE, SW1

Where? In the heart of Belgravia and part Duke of Westminster's London estate.
Why? Huge houses and lavish flats in the most prestigious garden square in London.
How much? Houses cost £20 to £30million
What the agents say: Brian D'Arcy Clark, Savills: "Eaton Square is probably the best known square in London, an address that is instantly recognisable anywhere in the world."

SHAD THAMES, SE1

Where? On the south bank of the River Thames to the east of Tower Bridge.
Why? Spacious warehouse conversions with beautiful river views in walking distance of the City.
How much? 3-bedroom apartments for £1 million to £3.5 million
What the agents say: James Hyman, Cluttons: "The buildings are positioned along the waterfront with some of the best water-fronted views in the world. You also have the most spectacular warehouse conversions."

CADOGAN SQUARE, SW1

Where? The jewel of the Cadogan Estate just off Sloane Street.
Why? Spectacular, expensive garden square, quintessentially English, great shopping.
How much? Flats £10m, houses £25m.
What the agents say: Charlie Willis, Strutt & Parker: "One of the best garden squares in Knightsbridge. With their red brick facades, these houses are less formal than their Eaton Square counterparts but equally prestigious."

CASTELNAU, SW13

Where? South of Hammersmith Bridge
Why? Easy commute to City, large houses, and some of the best schools in the country including St Paul's.
How much? Family home with pool, £6 million
What the agents say: Christopher Carney, Chesterton: "One of the finest roads in southwest London. Many successful business people live here as it balances the rural charm of Barnes Village with good access to the City."

WESTBOURNE PARK ROAD, W2

Where? Runs from Notting Hill to Paddington.
Why? Number one for female directors. Not the most expensive or beautiful street in highly fashionable Notting Hill, but good shopping, schools and transport to the City, West End and Heathrow.
How much? 3-bedroom house £2.5 million
What the agents say: Charles Oliver, Chesterton: "The choice of many a company director. The mixture of eclectic and artisan shops and high-order services appeals."

WHERE THE WEALTH IS

RankStreet No of directors of firms with turnover of more than £10 million
13=Abbey Road, NW814
26=Albert Bridge Road, SW1112
26=Avenue Road, NW812
26=Broomwood Road, SW1112
18=Brunswick Gardens, W813
3Buckingham Palace Road, SW119
4Cadogan Square, SW118
39=Camden Hill Square, W811
39=Circus Road, NW8 11
5=Castelnau, SW13 17
18=Eaton Place, SW113
1=Eaton Square, SW120
39= Eaton Terrace, SW111
26=Elgin Crescent, W11 12
26=Elsworthy Road, NW312
13=Ennismore Gardens, SW714
18=Finchley Road, NW11 13
26=Frognal, NW312
39=Frognal Lane, NW3 11
9=Hamilton Terrace, NW815
39=Hampstead Way, NW11 11
39=Holland Park, W11 11
39=Kensington Park Gardens, W1111
9= Landsdowne Road, W1115
26=Lonsdale Road, SW1312
9=Marylebone Road, NW1 15
39=Melton Street, NW111
26=Montpelier Square, SW712
26=Narrow Street, E1412
18=Onslow Gardens, SW713
13=Palace Gardens Terrace, W8 14
8Palgrave Gardens, NW816
5=Portland Road, W1117
18=Pratt Street, NW113
9=Prince Albert Road, NW815
18= Prince of Wales Drive, SW1113
18=Randolf Avenue, W913
26=Ranelagh Gardens, SW612
39-Redington Road, NW311
18=Regents Park Road, NW113
39=St James's Drive, SW1711
1=Shad Thames, SE120
26= Sheldon Avenue, N6 12
39=South Park Road, SW1911
26=Stormont Road, N612
13=Sutherland Avenue, W914
39=Thuleigh Road, SW1211
39=Upper Richmond Road, SW1511
5= Warwick Square, SW117
26=Westbourne Park Road, W212
13=Winnington Road, N214

RankBoroughNumber of directors
30Barking106
3Barnet1335
27Bexley 171
31Brent 99
7 Bromley904
4Camden1333
15City of London 464
12Croydon471
14 Ealing467
21Enfield 331
24Greenwich 231
23Hackney 264
9Hammersmith & Fulham610
22Haringey322
13 Harrow469
29Havering 140
19Hillingdon 355
11Hounslow 483
18Islington373
1Kensington & Chelsea1785
17Kingston399
10Lambeth561
25Lewisham223
8Merton 640
32Newham49
20Redbridge343
5Richmond 1132
28Southwark161
26Sutton222
16Tower Hamlets415
33Waltham Forest36
6Wandsworth998
2Westminster1653

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