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News: UK's most expensive streets are in London: Kensington and Chelsea

Wed, 04 Jan 12

Seven streets in the upmarket London borough of Kensington and Chelsea have the most expensive real estate in the UK, new research published today (Thursday 29 December) reveals.

Around the corner from Kensington Palace, soon to be the home of the Duke and Duchess of Cambridge, Campden Hill Square in the heart of fashionable Holland Park is Britain’s most expensive residential street, with an average price of £4,863,000, according to research from Lloyds TSB.

Such is the pull of living in Kensington and Chelsea that seven streets in the Royal Borough are in the list of the ten most expensive in the country. These include Drayton Gardens with an average price of £4,428,000, Dawson Place at £3,891,000, Duchess of Bedfords Walk at £3,862,000 and Cadogan Square at £3,678,000.

Parkside, the most expensive street in last year’s survey, is the second most expensive this year with an average price of £4,826,000. Parkside is one of two streets in Merton in South West London amongst the ten priciest. The other is Cedar Park Gardens at £3,596,000.

Source: PropertyWire.com

See also: Propery Prices in Kensington and Property Prices in Chelsea

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