Survey finds Britain’s 10 most expensive streets are all in exclusive areas of London.
The average price of a property in the country’s most expensive street is £17m, according to a report listing the 50 most exclusive addresses in the UK.
Grosvenor Crescent in the upmarket London district of Belgravia tops the list of most expensive addresses in the Lloyds Bank report, while in nearby Eaton Square – which came second on the list – the average home sells for £15.5m.
London dominates the list of exclusive addresses, with the top 10 streets all found in the capital’s wealthiest areas, such as Belgravia, Knightsbridge, Kensington, Chelsea and Notting Hill.
This should come as no surprise considering the gulf in property prices between London and the rest of the UK has widened since The Times reported in 2007 that 14 of Britain’s 200 most expensive streets were in Knightsbridge, while an on-street parking space on a 94-year lease sold for a staggering £300,000 in August 2012.
Outside the capital, the most expensive street is in the Surrey town of Oxshott, where tennis ace Andy Murray lives. Homes there sell for over £3.6m.
Park Lane in Altrincham, Cheshire, which is popular with entrepreneurs and Premier League footballers, was the only one entry from the north of England.
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