The most expensive street in Britain has been named as Kensington Palace Gardens, the regal address claiming the title for the 11th year on the trot.
Residents in the luxurious street, where properties cost an average £32.8 million, include Chelsea FC’s oil billionaire owner Roman Abramovich, Formula One heiress Tamara Ecclestone and the Sultan of Brunei.
While none of those will be losing much sleep over prices, Zoopla’s 2019 Rich List suggests houses in the swanky north London neighbourhood – its most famous residents are Prince William and wife Catherine and their three children – have lost around £2.8 million in value in the last year.
London’s neighbourhoods dominate
London streets dominate the list of the top 10 most expensive places to buy a home in the UK.
Among those are Courtenay Avenue in Hampstead where homes cost £19.5 million, Grosvenor Crescent in Kensington and Chelsea at £19.1 million, nearby Ilchester Place at £15.1 million and the Boltons in Chelsea at £14.3 million.
Exclusive pockets of wealth
Laura Howard, Zoopla’s consumer expert, said: “It’s not surprise that it’s the capital that plays host to the UK’s most expensive streets, but even to the super rich, the wealth that can be found among them is mind-blowing.
“Outside of London, it’s exclusive pockets of the well-heeled Home Counties, such as Kent, Surrey and Hertfordshire, that boast the priciest streets.”
Multi-million pound areas
Montrose Gardens, in Leatherhead, Surrey, is the most expensive street outside of London with homes valued at an average of £6.5 million.
For the most expensive street in the north, head to Broadway, in Altrincham, Greater Manchester, where the average property costs just under £3 million.