Home to the super rich: Zoopla reveals Britain’s most expensive streets

2nd October 2020

• 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." 

 

Properties currently for sale in the most expensive streets

8 bed property for sale

Courtenay Avenue, London

Available on Zoopla for £16,999,999

5 bed flat for sale

Kensington, London

Available on Zoopla for £9,250,000

5 bed property for sale

Woodlands Road East, Virginia Water

Available on Zoopla for £2,950,000

4 bed property for sale

Dock Lane, Beaulieu 

Available on Zoopla for £2,500,000

5 bed property  for sale

Theydon Road, Essex

Available on Zoopla for £3,500,000

-ENDS-

 

Top 10 most expensive streets in Great Britain

Top 10 outside of London

 

Most expensive streets in 10 largest counties (by population)*

 

Regional Breakdown

 

Postal town Breakdown

 

- Ends -

For further information, please contact PR Team on pr@zoopla.co.uk or +44 (0)20 3873 8770.

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