In the survey, Kensington Palace Gardens is named the country’s most expensive road for the 12th year running with an average price tag of £35.9 million.
Revealed - the 10 most expensive streets in London
It’s one of the most talked about annual surveys in the prime London property market. Property portal, Zoopla’s listing of UK’s most expensive streets 2020 has been announced – and, unsurprisingly, Britain’s priciest addresses are all to be found in London.
In the survey, Kensington Palace Gardens is named the country’s most expensive road for the 12th year running with an average price tag of £35.9 million. Move here, and among your neighbours will be ambassadors and the super-rich, including Roman Abramovic and steel tycoon Lakshmi Mittal. You’ll also be right by Kensington Palace, where the Duke and Duchess of Cambridge have an apartment.
Next, for the second year running, comes Courtenay Avenue in Highgate, where the average price tag is £18.6 million.
New entries this year include Chelsea’s Mulberry Walk (eighth) and St Albans Grove in Kensington (ninth), with properties averaging £9.5 to £9.6 million. Most of the properties in the top ten can be found in the borough of Kensington and Chelsea.
Gráinne Gilmore, Head of Research at Zoopla, said: “Our 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.
However, the South East, and in particular Surrey, is hot on the capital’s heels, with eight of the 10 priciest streets, outside of London, located in the county. Says Gilmore: “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.”
Read more about this story on the Zoopla website
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