Expensive Palace – Kensington Palace: The ‘sumptuous’ £500million royal residence of Kate and William

Kensington Palace is located in the Royal Borough of Kensington and Chelsea in London. It is a stunning property steeped in years of UK royal history.

The picturesque village Cilla Black lived in for 45 years
Prince William and Kate Middleton currently reside at Kensington Palace in Apartment 1A with their three children, Prince George, Princess Charlotte and Prince Louis.

But the Cambridge family are not the only ones who live at the extravagant London palace.

The Duke and Duchess of Gloucester, Duke and Duchess of Kent and Prince and Princess Michael of Kent all live at Kensington Palace too.

Kensington Palace Queen Victoria’s re-imagined childhood rooms (Image: Historic Royal Palaces)
According to Fox Business, Kensington Palace is worth an extraordinary $600million (around £501million).

Some parts of Kensington Palace are open to the public to enter, so they can get a glimpse of royal life.
Such public areas include Queen Victoria’s re-imagined childhood rooms, and the King and Queen’s state apartments.
Historic Royal Palaces curators have recreated the rooms in which Queen Victoria grew up.

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This includes vibrant red wallpaper, lavish red carpets, maroon curtains with gold features, green wallpaper and a stripy chaise lounge across several rooms.

As for the King’s “sumptuous” state apartments, visitors can expect to see the “most splendidly decorated room in the palace”, according to the Historic Royal Palaces official website.

The Cupola Room was the first royal commission of William Kent, who went on to design the rest of the state apartments.
As for the Queen’s state apartments, the Queen’s drawing room is filled with porcelain from China and Japan.
Visitors can also catch a glimpse of Queen Mary II’s closet.

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Recently, Prince William hosted New Zealand Prime Minister Jacinda Ardern at Kensington Palace, in Apartment 1A.

On July 2, the pair were pictured chatting in William and Kate’s living room.

Despite being such a grand palace, Apartment 1A appears homely and cosy, with soft cream sofas, pretty blue and white porcelain plant pots, and floral patterned lampshades.

The sofas surround a table, which boasts a summery table cloth featuring red, blue, green and yellow shapes.
There are matching cushions on both sofas, each with decorated with green and pink plants.
The room also contains two lamps, one deep red and another cream and floral one.