London is home to England’s most expensive street where a house would set a potential buyer back by £28.9 million, research has found.
According to analysis done by the bank Halifax, Tite Street on the banks of the Thames in Kensington and Chelsea is the UK’s most expensive street with average house prices of £28,902,000.
Not far behind was Holland Park’s Phillimore Gardens, where average house prices come in at nearly £25.2 million.
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Halifax’s research showed that the top five most expensive streets in the country were all to be found in London, with addresses in Mayfair, Chelsea and Westminster making the top five.
House prices in South Audley Street, Mayfair, just round the corner from Park Lane, have an average price of £22,850,000.
(Image: Google Maps)
Meanwhile, research found that property prices in Chelsea Square, a stone’s throw from prestigious shopping street the King’s Road, come in at an average price of £18,800,000.
Queen Anne’s Gate by St James’s Park is the fifth-most expensive street in the UK, with average house prices of £17,563,000.
The research found Benar Headland in Pwllheli was Wales’s most expensive street with an average price of £2,152,000.
Across the rest of the UK, in Cardiff, the most expensive street was Llandennis Avenue, where the average price will set buyers back £1,361,000.
In the North West of England, Barrow Lane in leafy Altrincham was the most expensive street with an average of £3,706,000.
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In Yorkshire and the Humber, Fulwith Mill Lane, Harrogate, at £1,797,000 was followed by Ling Lane in Leeds at £1,551,000.
In the West Midlands, Birmingham’s Carpenter Road (£3,088,000) took top spot and in the East Midlands it was Benscliffe Road in Leicester (£3,288,000).
Chaucer Road in Cambridge was the most expensive street (£3,610,000) in East Anglia.
Pearce Avenue in Poole (£3,478,000) was top in the South West, while Old Hall Road in Windermere (£2,508,000) was top in the North region, which includes parts of the Lake District as well as the North East of England.
In Newcastle, Montagu Avenue was the most expensive in the city at £1,369,000.
Halifax calculated average property prices based on transactions between 2016 and 2021 using Land Registry figures.
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