These days, it’s tough enough to get on the housing ladder at all – let along consider buying property on one of the most expensive streets in the country. Head over to Phillimore Gardens, in Kensington and Chelsea, London, and the average house will set you back £23.8m – a whopping 83 times the national average property price.
According to mortgage lender Halifax, Phillimore Gardens is officially the most expensive street in the UK. They recently released their list of the most pricey roads in the country, and to no-ones surprise, streets in London took 19 of the top 20 spots in England and Wales.
The ten most expensive streets in England and Wales are:
Phillimore Gardens, Kensington – £23.8m
Grosvenor Square, Mayfair – £23.5m
Ilchester Place, Kensington – £17.7m
Grosvenor Crescent, Belgravia – £15.4m
Clarendon Road, Notting Hill – £15m
Ashburton Place, Mayfair – £14.7m
Lansdowne Road, Notting Hill – £14.6m
Knightsbridge, Knightsbridge – £14m
Chelsea Square, Chelsea – £13.2m
Halifax also released a ranking of the most expensive streets by region in England and Wales. The average price of a house in Phillimore Gardens costs almost double the average price of the most expensive street outside of the capital, in Titlarks Hill, Ascot.
The most expensive streets by region in England and Wales are:
London: Phillimore Gardens, Kensington – £23.8m
North-east: Ramside Park, Durham – £1.6m
North-west: Broadway, Altrincham – £3.2m
Yorkshire and the Humber: Manor House Lane, Leeds – £2.4m
West Midlands: Bakers Lane, Solihull – £2.3m
East Midlands: Warren Hill, Leicester – £1.6m
East of England: Chaucer Road, Cambridge – £4.2m
South-east: Titlarks Hill, Ascot – £12.3m
South-west: Lawrence Drive, Poole – £4.1m
Wales: Benar Headland, Pwllheli – £1.7m
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