Britain’s most expensive streets revealed – including one where the average property costs £35.7m

More than 14,400 streets across Britain currently have an average property value of £1 million-plus, new research shows.

Not so long ago, the words ‘Millionaires’ Row’ signified an exclusive residential neighbourhood, often along one scenic strip such as a riverside or hilltop drive filled with great houses in varying architectural styles. Depending on the location, these may be stately homes, mansions, townhouses, often with imposing designs.

But today there are more than 14,400 streets in England and Wales where the average price is £1 million or more, according to a new report from Zoopla, which highlights the extraordinary property wealth enjoyed by many homeowners.

Kensington Palace Gardens in west London has been identified by the property website as Britain’s most expensive street, with the average property price currently stood at a staggering £35,696,711.

Somewhat incredibly, Zoopla said average property values on the street have fallen by an average of £2,569,432 over the past 12 month, reflecting a slowdown in property price growth in central London.

Grosvenor Crescent in the SW1X postcode of London was identified as the second most expensive street, with an average property value of £21,984,033.

In third place is The Boltons, in the SW10 postcode of London, with an average property value of £19,858,239.

According to Zoopla, 94.2% of streets with an average property price of £1 million-plus are located in southern England.

Of the 14,417 total £1 million streets in Britain, 5,899 are in Greater London, 109 are in Scotland and 11 are in Wales, according to Zoopla’s property ‘rich list’.

Excluding London, Guildford in Surrey has the highest number of streets – 204 in total – where an average property value is £1 million-plus.

Top 10 most expensive streets in Great Britain

RankStreet Name                                                    Area                                     Average Property Value (£)
1Kensington Palace GardensLondon£35,696,711
2Grosvenor CrescentLondon£21,984,033
3The BoltonsLondon£19,858,239
4Courtenay AvenueLondon£18,973,761
5Ilchester PlaceLondon£15,311,090
6Compton AvenueLondon£13,739,572
7Manresa RoadLondon£12,587,961
8Cottesmore GardensLondon£11,969,745
9Albemarle StreetLondon£11,371,851
10Chester SquareLondon£10,630,003

 

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

RankStreet NameCountyAverage Property Value (£)
1Golf Club Road, WeybridgeSurrey£5,937,835
2Temple Gardens, RickmansworthHertfordshire£4,060,609
3Phillippines Shaw, Tunbridge WellsKent£4,013,587
4Dock Lane, BrockenhurstHampshire£3,247,728
5Broadway, AltrinchamGreater Manchester£2,879,572
6Whitebarn Road, Alderly EdgeCheshire£2,775,571
7Mope Lane, WithamEssex£2,723,426
8Lovelace Avenue, SolihullWest Midlands£2,125,724
9Cliff Road, SalcombeDevon£1,890,022
10Roundhay Park Lane, LeedsWest Yorkshire£1,731,040

 

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

RankStreet NameCountyAverage Property Value (£)
1Golf Club Road, WeybridgeSurrey£5,937,835
2Temple Gardens, RickmansworthHertfordshire£4,060,609
3Phillippines Shaw, Tunbridge WellsKent£4,013,587
4Dock Lane, BrockenhurstHampshire£3,247,728
5Broadway, AltrinchamGreater Manchester£2,879,572
6Whitebarn Road, Alderly EdgeCheshire£2,775,571
7Mope Lane, WithamEssex£2,723,426
8Lovelace Avenue, SolihullWest Midlands£2,125,724
9Cliff Road, SalcombeDevon£1,890,022
10Roundhay Park Lane, LeedsWest Yorkshire£1,731,040