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Vendors In The Money - Britain’s most expensive streets revealed

Halifax has revealed the UK’s most expensive streets in 2021 - and it’s no surprise that the very dearest examples are in London.

Tite Street in the London Borough of Chelsea and Kensington is at the top of this year’s property Christmas tree – with an average house price of £28.9m. The street, set between the banks of the River Thames to the South and Kings Road to the North, replaces last year’s top spot, Avenue Road in London’s St John’s Wood.

Second on the list is Phillimore Gardens, with average house prices on the prestigious street near Kensington and Holland Park at £25,188,000. In third, a home amongst the festive lights of Mayfair’s South Audley Street will set buyers back £22,850,000 on average.

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While London streets continue to dominate the Top 10, mainly located in the prime residential areas of Kensington, Chelsea and the City of Westminster, the South East proves it’s got its fair share of pricey properties too.

Taking the 11th and 12th spots, South Ridge (£7,125,000) and East Road (£6,862,000), are both in Weybridge, just outside the M25.

Esther Dijkstra, mortgage director at Lloyds Bank, says: “London’s dominance of the top ten most expensive streets in the UK continues, with property prices on some of the most famous roads in the capital averaging £19m. Homes in the South East’s most expensive streets will set you back around £5.5m, and you’ll benefit from more rural locations all within commuting distance of the capital.

“However, much like house prices overall, homes in London have not experienced the same meteoric rise as other regions this year. Buyers with deeper pockets may be starting to look beyond the capital for their next grand home.”

The average price of a home on one of the 10 most expensive streets in both the North and West Midlands increased 11 per cent in a year, making them the two best performing regions. In the North West they have increased by five per cent on average, followed by the East Midlands at four per cent. 

London, in comparison, experienced just a one per cent increase.

At the other end of the scale, in the South West the prices of homes on these streets have tumbled 15 per cent, while in East Anglia the average price has dropped five per cent.

North - The top two most expensive streets are in Windermere: Old Hall Road (£2,508,000) followed by Newby Bridge Road (£1,488,000). Seven of the top 10 most expensive streets are based in Newcastle Upon Tyne, with Montagu Avenue the most expensive in the city and third on the list. (£1,369,000).

North West - In the North West, all the expensive streets are in Altrincham, Macclesfield, Knutsford and Alderley Edge. Barrow Lane in Altrincham is the most expensive street with homes selling, on average, for £3,706,000 followed by Underwood Road in Alderley Edge (£2,925,000) and Stanhope Road in Altrincham (£2,785,000. Theobald Road (£2,572,000), also in Altrincham, and Withinlee Road (£2,536,000) in Macclesfield, complete the top five.

Yorkshire and the Humber - The most expensive street in the region is Fulwith Mill Lane, Harrogate (£1,797,000), followed by Ling Lane, Leeds (£1,551,000). Hag Farm Road in Ilkley (£1,468,000), Wetherby’s Linton Lane (£1,353,000) and Sandmoor Drive, Leeds, (£1,351,000) make up the top five most expensive streets in the region.

West Midlands - In the West Midlands, Birmingham’s Carpenter Road (£3,088,000) takes top spot, followed by Old Warwick Road in Solihull (£2,113,000). Beechwood Croft (£1,930,000) and Ladywood Road (£1,836,000) in Sutton Coldfield are the third and fourth most expensive streets to live in the region, followed by Solihull’s Rising Lane (£1,759,000) in fifth.

East Midlands - The top three most expensive streets in the region can all be found in Leicester, with Benscliffe Road (£3,288,000) topping the pile, followed by Holmewood Drive (£1,940,000) and Ulverscroft Lane (£1,719,000). Stamford’s St. Marys Street (£1,659,000) and Northampton Road in Rushden (£1,602,000) complete the top five.

East Anglia - The streets of Cambridge dominate the 10 most expensive in East Anglia. Most of these streets are close to the main University area in the CB2 and CB3 postal districts. Chaucer Road is the most expensive street (£3,610,000) followed by Storeys Way (£2,585,000), Barrow Road (£2,319,000), Millington Rad (£2,317,000) and then Bentley Road (£2,104,000).

 

South East - The region’s most desirable addresses are in the towns of Weybridge and Leatherhead. South Ridge in Weybridge is the most expensive with an average price of £7,125,000, followed by East Road, also in Weybridge (£6,862,000). In third place is Montrose Gardens in Leatherhead at an average price of £5,862,000 and completing the South East Top five are Witheridge Lane, High Wycombe (£5,575,000) and Virginia Avenue, Virginia Water (£5,438,000).

South West - Eight of the top 10 most expensive streets in the South Weat can be found in Poole, with the top two, Pearce Avenue (£3,478,000) and Panorama Road (£3,002,000) found in the area. Bath’s Weston Park completes the top three, with an average price of £2,796,000). We return to Poole for the final two streets to make the top five in the region, with Wilderton Road and Whitecliffe Road both attracting average house prices of £2,528,000

Wales - Benar Headland in Pwllheli is Wales’s most expensive street with an average price of £2,152,000. The most expensive street in the Welsh capital of Cardiff is Llandennis Avenue, where the average house price will set buyers back £1,361,000. Llys Helyg Drive in Llandudno (£1,219,000), Cliff Parade in Penarth (£1,213,000), and Hanley Cwrt in Usk (£1,152,000) complete the top five.

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