Britain's most expensive street revealed

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Dearest place to live

The Royal Borough of Kensington and Chelsea is home to the UK's most expensive street for the second year in a row.

This year, the honour goes to white stuccoed Egerton Crescent, where the average house costs a staggering £7.4m according to data from Lloyds Bank.




Oligarch Central

"Unsurprisingly, many of the most expensive residential streets," says Nitesh Patel, economist at Lloyds Bank, "in England and Wales are in the Royal Borough of Kensington and Chelsea."

"With more than half of the 20 most expensive London streets in the borough Kensington and Chelsea has long had a global appeal and in more recent years the area has attracted many ultra-wealthy foreign buyers. Low housing supply also helps support high property values in this area."

Away from central London, the capital's most expensive addresses are The Bishops Avenue - a House of Saud and Russian oligarch favourite - in Hampstead with average property value of £6,203,000, the second most expensive in the survey, and Parkside in Merton (£5,212,000), the sixth priciest street.

Macclesfield money

Outside southern England the most expensive street is Withinlee Road in Macclesfield with an average property price of £1,871,000 . Withinlee Road is followed by Ridgeway in Charnwood in Leicestershire where the average house price stands at £1,671,000.

The priciest street in the North West is Withinlee Road in Macclesfield with an average property price of £1,871,000 – nationally it is the 48th most expensive. Favoured by Premier League football players this street is followed by Thorsway in Wirral (£1,584,000) and East Downs Road in Altrincham (£1,361,000).

North East value?

What of the North East? Six of the ten most expensive streets in the North East are in Newcastle, particularly in Gosforth and Ponteland. Graham Park Road is the most expensive with an average price of £1,126,000, followed by Oakfield Road (£781,000) and Edge Hill (£701,000).

In the South West most of the dearest addresses are along the south coast, with five of the ten most expensive streets in Poole in Dorset. These include Western Avenue with an average property price of £2,427,000, Brudenell Avenue (£1,844,000) and Chaddesley Glen (£1,489,000).

Estuary views

Seven of the ten most expensive streets in Yorkshire and the Humber are located in the area that makes up the so-called 'Golden Triangle' between Harrogate, Wetherby and north Leeds, says Lloyds. The region's most expensive street is Rutland Drive in Harrogate (£1,152,000).

Meanwhile the most expensive Welsh street is Gannock Park in Conwy with an average house price of £655,000; followed by Druidstone Road and Lake Road West both in Cardiff (both £636,000), East Cliff in Swansea (£608,000) and Llantrithyd Road in Cowbridge (£555,000).

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