Britain's most expensive streets: west London Holland Park address sees £1.6 million added to average house price

Holland Park street retains its crown as Britain's most expensive.
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The average price of a home in Britain’s most expensive street has risen to £17.2 million, an increase of £1.6 million compared to last year.

This is more than 62 times the cost of the average UK home, currently £275,000.

Ilchester Place, which borders Holland Park in London W14, has held the title of the nation’s most expensive street for a second year, according to Lloyds Bank data.

A-listers in the neighbourhood include David and Victoria Beckham and Simon Cowell, while Robbie Williams, another celebrity local, temporarily rented a mansion in Maida Vale this summer following a bitter planning dispute with his neighbour, Led Zeppelin guitarist Jimmy Page.

Of the 20 most expensive residential streets in Britain, the top 10 are in London. The second most expensive was Princes Gate, where the average property price was £17.1 million.

Overlooking Hyde Park and neighbouring both Kensington and Buckingham Palaces, the street was home in the Thirties to American President John F Kennedy as a young man, in a house sold for £35 million in 2010 to developers who planned to turn it into a £150 million super-home.

Phillimore Gardens (£16.36 million), also in Holland Park, was the third most expensive street, followed by Tregunter Road (£16.2 million) in Chelsea and then Chesham Place (£15 million) in Belgravia.

With an average house price of £11.3 million, Britain’s tenth most expensive road, Camden Street in north London, was the only street in the UK top 10 not in Westminster or Kensington & Chelsea.

The most expensive streets in each region of England and Wales

The eleventh to twentieth most expensive streets were all in the South-East of England, with Charlbury Road in Oxford in at number 11 with an average house price of £5.3 million. The remaining nine streets were all in Surrey.

“The average house prices in the top 10 priciest streets in the South-East have risen by around £300,000 in the past year, with the 10 prestigious addresses in the area commanding an average house price in excess of £4.4 million,” said Andrew Mason, mortgage director of Lloyds Bank.

While last year every single region in the UK had at least one Millionaires Row, Mr Mason said that more than 80 of England’s most expensive regions have at least one million-pound street in 2019.

However, the most expensive street in Wales this year - Channel View in Swansea – came in with an average price of £907,000.

After London and the South-East, the area with the highest priced streets was the South-West, where Sandbanks in Dorset commands record-breaking seaside prices. Panorama Road was the region’s most expensive street with prices of £2.8 million.

This was followed by the North-West, where the footballers’ favourite, another Chesham Place but this time in Altrincham, has homes selling for an average of £2.5 million. Then comes Storeys Way (2.3 million) in Cambridge in East Anglia; Rising Lane (£1.9 million) in Solihull, West Midlands; the Yorkshire and Humber street of Fulwith Mill Lane (£1.6 million) in Harrogate’s “Golden Triangle”; Leicester Road (£1.6 million) in Ashby de la Zouch, East Midlands; and Newby Bridge Road (£1.5 million) in Windermere in the North.​