What are the most expensive streets in the UK?
Posted on 21st October 2019
Whether your dream home is costing you £150,000.00 or £15,000,000.00, it’s important to make sure that it’s right for you. With your mortgage offer in hand, or the cash in the bank (if you’re lucky enough to have this much cash), make sure that you contact our expert team of property solicitors in Preston to make sure your dream home doesn’t have any downfalls.
Now that we’ve got the legal and boring (albeit very important) stuff out of the way, our team of property solicitors have been doing some research into the most valuable houses in England and Wales and, the properties will not disappoint!
Starting from the top-spot, the most expensive street in Britain has been named as Kensington Palace Gardens for the 11th year running, with the average house costing £32.9 million according to Zoopla (very much outside of our property solicitor’s budgets!).
It will probably come as no surprise to our clients, that the second and third and fourth streets were all in the London area. In fact, all ten of the top ten most expensive streets in the UK can be found in London, with a full list available, here, with the lowest of the prices coming in at an average of just over £10.6 million per property.
In the interest of fairness to the rest of the country, our property solicitors have also looked at the data if we exclude London (because, let’s face it, we all know that the property prices there are just more expensive than anywhere else).
Staying in the South of the country, number 1 is Montrose Gardens in Surrey, with an average property price of £6.5 million. As you can probably predict, the next three spots are all taken by streets in the South, however, coming in at number 5 is a place slightly closer to home – Broadway, in Manchester, with the average property price being in the region of just under £3 million.
One street that wasn’t mentioned on either list, although known as ‘Billionaires’ Row’, was The Bishops Avenue in Hampstead, North London. Now-a-days, some of the mansions are in a derelict state, however one of the properties was listed for an impressive (and slightly eye-watering) £100 million, while another was sold in 2008 to the former President of Kazakhstan for £50 million. Given that some of the properties are now being sold as apartments, its no surprise that the street doesn’t make the top-ten list, but with the sheer size and price tag of some of the mansions, its worth a mention!
But, why does this affect you? Well, our property solicitors would explain that no matter whether your dream home is located in Preston, or London or Lancaster, there are some very important steps that we, as your property solicitors, would carry out on your behalf. The main thing our property team in Preston would do is to check the title to the property, conduct searches on the property and make sure that you know what you are buying.
So, no matter the cost of your new home, you want to make sure that everything is in order. Our fixed fee property legal fees start at just £250.00 plus VAT plus disbursements. All of our fees are fixed and we pride ourselves on there being no hidden extras.
MG Legal – Your Local Solicitors
Tagged as: Lancaster Law, Longridge, Preston Property Law, Solicitors in Preston, Your Local Solicitors
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