The UK’s top 10 most expensive streets are all in London and have an average price tag of more than £19m
Tite Street in the London Borough of Chelsea and Kensington is the most expensive street in the UK, with an average house price £28.9m, according to Halifax’s review of Land Registry data.
Second on the list is Phillimore Gardens, with average house prices on the prestigious street near Kensington and Holland Park standing at £25,188,000.
Mayfair’s South Audley Street is the third most expensive on the list, with average house prices at £22,850,000.
The UK’s top 10 most expensive streets are all in London and have an average price tag of more than £19m.
In the South East of England, taking the 11th and 12th spots, South Ridge (£7,125,000) and East Road (£6,862,000), are both in Weybridge, just outside the M25.
The average price of a home on one of the ten most expensive streets in both the North and West Midlands rose 11% in a year, making them the two best performing regions.
In the North West they have risen by 5% on average, followed by the East Midlands at 4%. London, in comparison, experienced just a 1% increase.
At the other end of the scale, in the South West the prices of homes on these streets have tumbled 15%, while in East Anglia the average price has fallen 5%.
Esther Dijkstra, mortgage director at Lloyds Bank, said: London’s dominance of the top ten most expensive streets in the UK continues, with property prices on some of the most famous roads in the capital averaging £19m.
She said: Homes in the South East’s most expensive streets will set you back around £5.5m, and you’ll benefit from more rural locations all within commuting distance of the capital.