River view commands 20% premium

Properties along the route of the Oxford vs Cambridge boat race can attract premiums of 20%, according to a local agent.

The Boat Race takes place this Sunday, 6 April and will see thousands of people along the four miles and 374 yard from Putney to Mortlake.

Marsh & Parsons says that during the race, the crowds will be exposed to some of the best homes in London, with their uninterrupted views of the waterside.

Properties on sale along the route include a four-bedroom property in Fulham on the market for £1,925,000, and a four-bedroom penthouse in Barnes with panoramic river views on sale for £2,999,950.

Peter Rollings, CEO of Marsh & Parsons, said: As a rule of thumb, the enduring appeal of old father Thames adds 20% in value to property that overlooks it. During the Boat Race, those with prime river views enjoy the kudos of showing off the best seats in town to friends, but it is the year-round appeal of the river that generates the price difference.

Breath-taking river views add a real sense of space to a property, and scenic river paths provide opportunities for walking and cycling through the capital. Emerging new build developments stand out in particular, many of which have been marketed abroad, and are in high demand from both UK and international buyers.