Where are Britain’s most expensive streets?

Kensington Palace Gardens has been named the most expensive place to live in Britian, with the average home on the street now worth a whopping £35,696,711

The prestigious address is currently home to a selection of Britain’s wealthiest homeowners, including Formula One heiress Tamara Ecclestone, Chelsea FC owner Roman Abramovich, and current Sultan of Brunei, Hassanal Bolkiah.

In second place, and moving up one place from last year’s ranking, is the capital’s Grosvenor Crescent (SW1X), with an average property value of £21,984,033.

In third place, and down from second last year, is The Boltons (SW10) with an average property value of £19,858,239.

Zoopla also identified the most expensive streets in Britain’s largest counties. Golf Club Road in Weybridge, Surrey, tops the list comfortably, with an average property value of £5,937,835.

Temple Gardens in Rickmansworth, Hertfordshire is second, with an average value of £4,060,609, very narrowly beating Phillippines Shaw in Tunbridge Wells, Kent, where the average property value is £4,013,587.

A regional analysis of the data shows that a huge 94.2% of streets with an average property price of £1 million and above are located in southern England.

What’s more, of the 14,417 total £1 million streets in Britain, 5,899 are in Greater London. The capital is closely followed by South East England (5,278) and the East of England (1,875). In contrast, Northern England, Wales and Scotland have far fewer expensive streets – Yorkshire and the Humber is home to just 77, North East England currently has 45, and Wales has 11.

In line with this trend, 19 of the top 20 towns with most £1 million plus streets can all be found in Southern England.

Guildford takes the top spot with 204 expensive streets, the Thames Valley town of Reading is second with 187, followed Leatherhead in Surrey with 176.

Lawrence Hall, spokesperson for Zoopla, said: “Despite London’s property market cooling over the past year, it’s no surprise that the capital’s most exclusive boroughs continue to dominate the list. This is partly thanks to some incredibly luxurious properties benefitting from unbeatable locations near the heart of the city.

“Whilst London will always prove attractive for those with deep pockets, Surrey’s Virginia Water and Rickmansworth in Hertfordshire certainly provide better value when it comes to space. Heading north, homeowners will find they’re likely to get much more square footage for every £1 million spent, especially in Scotland and in North East England.”

Top 10 most expensive streets in Britain

Source: Zoopla, August 2017

 Top 10 most expensive streets by county* in Great Britain, outside London

Source: Zoopla, August 2017

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