In a year end analysis by Lloyds Bank of of the most expensive residential streets in Britain and Wales shows Grosvenor Crescent in Belgravia, London as the most expensive at an average price of £16.9 million. Six streets in the boroughs of London including Westminster and Kensington and Chelsea have average home prices at £10 million and up. The area continues to attract the wealthiest buyers and its location to nearby Knightsbridge, Chelsea and Pimlico make it the most desirable according to PropertyWire.
Grosvenor Crescent Belgravia, London
Ilchestor Place in Holland Park in the borough of Kensington and Chelsea is the second most expensive and has an average home price of £16,700,000.
The most expensive street in 2017 Eaton Square has dropped to third and is now having average residential prices previously at£17 million to £13,585,000 for 2018. Following is Chester Square at £12,534,000 and Carlyle Square at an average home price of £11,618,000 and Kensington Road at £10,185,000.
Of the top 20 most expensive streets in Britain and Wales seven of those are in Surrey. Weybrige has three: Weybridge with East Road at £5,053,000, West Road at £4,578,000 and Cavendish Road at £3,881,000.
Two of the 20 priciest streets are in Leatherhead with Queens Drive at £4,222,000 and Leys Road at £3,749,000. Gorse Hill Road in Virginia Water at an average of £3,727,000 and Icklingham Road in Cobham at £3,559,000.
Finishing the top 20 most affluent residential streets are Charlbury Road at £4,470,000 and Crick Road at £3,978,000 in Oxford and Panorama Road in the Sandbanks area of Poole at £2,361,000.
Away from London in the South East the streets of Sandbanks in Poole are the most expensive with Panorama Road and then Bury Road in Canford Cliffs with an average of £2,266,000, Sandbanks Road at £2,180,000, Western Avenue at £2,155,000 and Haig Avenue at £2,108,000.
Congleton Road in Alderley Edge in the North of England are the most expensive at an average of £1,985,000, followed by Park Drive in Altrincham in £1,820,000.
The residential areas of Newcastle with Runnymede Road average home prices for the North East are at £1,111,000 and Montagu Avenue at £1,048,000.
The West Midlands has Roman Road in Sutton Coldfield at £1,481,000 and Widney Manor Road in Sollihull at £1,386,000.
Average prices In Wales at St. Annes Close in Swansea has an average price of £1,029,000 followed by Twyncyn in Dinas Powys at £813,000.
Harrogate in Yorkshire has the most expensive homes at Fulwith Mill Lane and Humber at an average £1,545,000.
For the East Midlands Warren Hill in Newtown Linford in Leicester has average prices at £1,288,000.
Andrew Mason, mortgage products director at Lloyds Bank tells Property Wire:.
‘The prime London boroughs of Westminster and Kensington and Chelsea continue to reign supreme with Britain’s most expensive streets. Six addresses in the two boroughs come with a price tag of over £10 million with the top two over £16 million.’
‘As expected, addresses in London and the South East top the list of most expensive places to live, our research shows that all other regions have at least one £1 million street. Away from London, the survey shows that the most expensive streets are tightly clustered within Cheshire, Yorkshire and the Humber and Sandbanks in Dorset on the South coast.’