The FT’s Nathan Brooker compares the London districts of Chelsea and Hampstead to see what kind of property £30m can buy.

last time we were in London we showed you two homes for under five million pounds today we are showing you two properties at the very top of the market to see what you can buy with a 30 million pound budget first off I've come to Hampstead in North London now barring perhaps Buckingham Palace 30 million pounds is pretty much enough to buy you whatever you want so what happened home to the super-rich for years it's also perhaps the only part of London that can legitimately be called leafy still last year home values dropped by almost 5 percent but it's not cheap a square foot of floor space might cost you 3 thousand pounds hello I'm Peter Brooks from Savile's this is a secluded six bedroom house designed by the minimalist architects cardio silvestri arranged over five floors it has three receptions and four bathrooms in the basement there are extensive spa facilities including and 10 metres from England property is on the market at a guide price of twenty two and a half million pounds Hamptons got charm you also have Harry Styles and Jamie Oliver as neighbors but for 30 million pounds it's a little bit out the way don't you think I've come to Chelsea in central London to see something a little bit more in the thick of it after the downturn caused by the 2008 financial crisis property prices in Chelsea rose to record levels but since stamp duty reform in 2014 prices have dipped down 13 percent in a year still newly built homes here can command between 4 and 5 thousand pounds per square foot making them among the most expensive homes just about anywhere hello I'm James Gilbert green from Stratton Parker this 8,000 square foot end of terrace house is in the boltons conservation area and has 5 bedrooms over 6 floors dating back to the 1860s it has been completely redesigned by architect and interior designer Robbie Hodge it has seven bathrooms three receptions underground parking and a bespoke wine cellar the basement houses the pool and spa including a gym steam room and sauna this house is on the market for 30 million pounds so which is the better buy the market in Hampstead means your money is probably a little safer than in Chelsea that said it's hard to see prices falling off a cliff in central London in terms of buying costs we're looking at some serious sums of money even if it's your primary residence for the stamp duty on the Hampstead property alone you could spend every night in a suite at the Ritz Hotel for eight and a half years for the stamp duty on the Chelsea property you could buy a private jet if you're looking for a village feel then go for Hampstead if it shops an entertainment you're after Chelsea is for you at this price point you can afford to be particular you

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