David Cameron and his family have moved into a £16.8 million house in one of London’s most expensive streets in leafy Holland Park.
The property has seven bedrooms, six bathrooms and three reception rooms, and belongs to Mr Cameron’s good friend Sir Alan Parker, who runs the PR firm Brunswick. He bought the house for £16 million two years ago.
The Camerons’ house in Notting Hill is currently rented out, and the sudden change in leadership means that his tenants have not had time to move out yet.
It is estimated to be worth £3.6 million, and in the last five years it has grown in value by 56.1 per cent, according to Zoopla. The Camerons recently remortgaged their house in order to release £800,000 from the property days before the referendum vote.
It is not clear how long the Camerons will stay in Sir Alan’s house in Holland Park, or whether they will find somewhere else to live in London while the children – Nancy, 12, Elwen, 10, and Florence, five – can continue going to school. The Camerons also own a £1.3 million home in his constituency of Whitney, Oxfordshire.
Mr Cameron’s new neighbourhood is home to Robbie Williams, the Sainsbury family, and Elle MacPherson.
One neighbour told the Independent: “It’s a very family-friendly street. There’s a lot of children around here. I’m sure we’ll be looking out for them too.”
Sir Alan founded Brunswick in 1987 after working on an oil rig and managing a number of rock bands. He often goes on holiday with the Camerons, and invited them to his wedding.