Property website Zoopla is today revealing its 2019 Rich List – the definitive list of the costliest streets in Britain based on average house prices. Kensington Palace Gardens (W8) continues to hold the title for the priciest road in Britain for the 11th year running, but the average price on this street has continued to fall for the third year running, down to £32,870,284, £2,777,321 less than this time last year (£35,647,605).
The prestigious address, which is just a stone’s throw away from the royals at Kensington Palace, is home to some of Britain’s wealthiest homeowners including Formula One heiress Tamara Ecclestone, and Chelsea F.C. owner Roman Abramovich.
London’s exclusive enclaves dominate the rest of the UK’s top streets, including Courtenay Avenue (N6), which moves up from third place last year to second place in 2019, with an average property value of £19,505,013; close behind with an average property value of £19,065,523 is Grosvenor Crescent (SW1X).
Across the country and outside of the capital, the most expensive streets in Britain’s largest counties have also been revealed. Montrose Gardens, Leatherhead (Surrey) tops the list here, with an average property value of £6,500,070 – an increase from £5,923,253 in 2018. Temple Gardens in Rickmansworth (Hertfordshire) comes in second place, with an average value of £4,364,016, beating Phillippines Shaw in Sevenoaks (Kent) into third place (£3,884,016).
A regional analysis of the data shows that 91 per cent of streets with an average property price of £1 million and above are found in Southern England. Furthermore, of the 15,484 total £1 million streets in Britain, 5,671 (36.6 per cent) are in the South East. Greater London closely follows with 5,329 (34.4 per cent) and the East of England places third with 2,406 (15.5 per cent). In contrast, Northern England, Wales and Scotland have far fewer expensive streets – Wales is home to just 31, the North East England currently has 73, while Scotland has 165.
Consequently 19 of the top 20 towns with the most £1 million plus streets can all be found in Southern England, with Manchester’s Altrincham the only place to buck the trend. Excluding London, Reading takes the top spot with 207 £1 million plus streets (35 less than 2018), while the Surrey town of Guildford is second with 200, followed by Sevenoaks in Kent with 196.