Home to the super rich: Zoopla reveals Britain’s most expensive streets
Kensington Palace Gardens is crowned Britain’s most expensive street for the 12th consecutive year
Outside of London, Montrose Gardens in Leatherhead leads the pack, where the average property price is £6,037,000
There are now 12,545 streets in Britain where the average property value is £1million or over - up 30% on five years' ago
Zoopla, the UK’s leading property portal, today reveals its Rich List for 2020 - providing the definitive rundown of the most expensive streets based on average house prices.
London leads the way
With London home to the top ten most expensive streets in the UK, Kensington Palace Gardens (W8) holds the title for the priciest road in Britain for the 12th consecutive year, with an average property price of £35,991,500. Often cited as one of the ‘most exclusive addresses’ in London, the tree lined avenue is dotted with embassies, diplomatic residences, and the homes of ultra high net worth individuals, including steel tycoon Lakshmi Mittal and Chelsea F.C. owner Roman Abramovich.
Coming in second for the second year running is Courtenay Avenue (N6) in Highgate, which harbours an average property value of £18,639,000. For those with pockets deep enough to satisfy the eye watering prices for property on this street, there are currently a number to choose from, including an eight bedroom detached house that comes complete with its own swimming pool, leisure centre and 24hr gated security on sale for £16,999,999.
Three new entrants in the list include Chelsea’s Mulberry Walk (SW3), which comes in eighth place and has an average asking price of £9,630,000. Meanwhile, St Albans Grove in Kensington (W8), appears in ninth place, and has an average property value of £9,537,000. Located a short walk from Kensington Gardens, a five bedroom flat is currently on the market on the street for £9,250,000, while Egerton Crescent (SW3) makes up the list in tenth place.
Outside of the capital, Surrey takes the crown
Montrose Gardens in Leatherhead, Surrey, takes the crown as home to the heftiest price tags outside of London, with an average property value of £6,037,000. Set within the exclusive Crown Estate, and ideally located between the lush countryside of the Surrey Downs and the outskirts of London, it’s easy to see why property in Montrose Gardens commands the mega bucks.
In second place is Titlarks HIll in Ascot, Berkshire, with an average property value of £5,995,000, while in third place is Portnall Rise in Virginia Water, Surrey with an average price of £5,800,000. Having become the UK’s first ‘million-pound town’ several years ago - two other streets in Virginia Water also feature on the list. North Drive is in fifth place with an average property value of £5,248,000, while Woodlands Road East also features with an average property value of £5,025,000 and currently has a five bedroom detached house on sale for £2,950,000.
Priciest streets in the largest counties
The most expensive streets in Britain’s largest counties [by population] have also been revealed. Montrose Gardens again tops this list, but in second place is Philippines Shaw in the Kent Downs with an average property price of £4,225,000. Dock Lane in Brockenhurst is Hampshire’s most expensive street with an average property value of £2,410,000 and is in third place, with a four bedroom eco manion currently on sale for £2,500,000.
Next in the list is Theydon Road in Epping, Essex - a sought after location due to its countryside feel, yet easy proximity to London. For buyers with deep enough pockets, a five bedroom detached home on the street is currently for sale for £3,500,000 - albeit more expensive than the average property value on the street of £2,407,000. In fifth place is The Avenue in Altrincham in Cheshire, which is an area popular with Premiership footballers. With an average property value of £2,297,000, it is Greater Manchester’s most expensive street .
Outside of the capital, Sevenoaks in Kent is the postal town with the most expensive streets (188) and is followed closely by Guildford with 183 and Reading with 179. A regional analysis of the data shows that of the 12,545 streets in the UK with an average property price of £1 million and above, 4,707 are found in the South East and 4,523 are concentrated in Greater London. By contrast, only 27 are found in Wales, 57 in the North East of England, and 114 in Scotland.
Gráinne Gilmore, Head of Research at Zoopla comments: "Zoopla data shows where housing stock and prime locations converge to create some of the most expensive addresses in the UK. Clusters of expensive homes are not unusual as the cachet of an area starts to create an appeal of its own, which can factor into what a home is really worth.
“London dominates the country's prime property market, but it is being challenged by the South East in terms of the number of million pound streets, reflecting the rise in demand and pricing seen in this market, as well as its housing stock mix and its geographical size."
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Top 10 most expensive streets in Great Britain
Rank | Street Name | Area | Average Property Value (£) |
|---|---|---|---|
1 | Kensington Palace Gardens W8 | London | £35,991,500 |
2 | Courtenay Avenue N6 | London | £18,639,000 |
3 | Grosvenor Crescent SW1X | London | £17,560,000 |
4 | Ilchester Place W14 | London | £13,805,500 |
5 | Manresa Road SW3 | London | £12,182,000 |
6 | Cottesmore Garden W8 | London | £11,572,000 |
7 | Compton Avenue N6 | London | £10,550,000 |
8 | Mulberry Walk SW3 | London | £9,630,000 |
9 | St. Albans Grove W8 | London | £9,537,000 |
10 | Egerton Crescent SW3 | London | £9,336,000 |
Top 10 outside of London
Rank | Street | Post town name | County | Avg property value |
|---|---|---|---|---|
1 | Montrose Gardens, KT22 | Leatherhead | Surrey | £6,037,000 |
2 | Titlarks Hill, SL5 | Ascot | Berkshire | £5,995,000 |
3 | Portnall Rise, GU25 | Virginia Water | Surrey | £5,800,000 |
4 | Camp End Road, KT13 | Weybridge | Surrey | £5,442,000 |
5 | North Drive, GU25 | Virginia Water | Surrey | £5,248,000 |
6 | Denner Hill, HP16 | Great Missenden | Buckinghamshire | £5,028,000 |
7 | Woodlands Road East, GU25 | Virginia Water | Surrey | £5,025,500 |
8 | Yaffle Road, KT13 | Weybridge | Surrey | £4,770,500 |
9 | West Road, KT13 | Weybridge | Surrey | £4,658,000 |
10 | South Road, KT13 | Weybridge | Surrey | £4,605,500 |
Most expensive streets in 10 largest counties (by population)*
Rank | Street | Post town name | County | Avg property value |
|---|---|---|---|---|
1 | Montrose Gardens, KT22 | Leatherhead | Surrey | £6,037,000 |
2 | Phillippines Shaw, TN14 | Sevenoaks | Kent | £4,225,000 |
3 | Dock Lane, SO42 | Brockenhurst | Hampshire | £2,410,000 |
4 | Theydon Road, CM16 | Epping | Essex | £2,407,000 |
5 | The Avenue, WA15 | Altrincham | Greater Manchester | £2,297,000 |
6 | Lovelace Avenue, B91 | Solihull | West Midlands | £1,998,000 |
7 | Shireburn Road, L37 | Liverpool | Merseyside | £1,444,000 |
8 | Linton Lane, LS22 | Wetherby | West Yorkshire | £1,329,000 |
9 | Miry Lane, WN8 | Skelmersdale | Lancashire | £1,177,000 |
10 | Petworth Drive, S11 | Sheffield | South Yorkshire | £967,500 |
Regional Breakdown
Rank | Region | Number of streets with an average property value of £1m+ (Sept 2020) |
|---|---|---|
1 | South East England | 4,707 |
2 | Greater London | 4,523 |
3 | East of England | 1,761 |
4 | South West England | 527 |
5 | North West England | 318 |
6 | West Midlands | 259 |
7 | East Midlands | 130 |
8 | Yorkshire and The Humber | 118 |
9 | Scotland | 114 |
10 | North East England | 57 |
11 | Wales | 27 |
Postal town Breakdown
Rank | Post town name | Number of streets with an average property value of £1m+ |
|---|---|---|
1 | Sevenoaks | 188 |
2 | Guildford | 183 |
3 | Reading | 179 |
4 | Leatherhead | 147 |
5 | Maidenhead | 134 |
6 | Ascot | 127 |
7 | Esher | 125 |
8 | Beaconsfield | 125 |
9 | Farnham | 121 |
10 | Harpenden | 116 |
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