Kensington and Chelsea street named most expensive for second year running despite average price fall.
With its elegant, arcing facades and neatly manicured private garden…
Kensington and Chelsea street named most expensive for second year running despite average price fall
With its elegant, arcing facades and neatly manicured private garden, Egerton Crescent is rich in the hallmarks of affluence and exclusivity you’d expect from Britain’s priciest street.
It is in fact the second year in a row this desirable enclave of Kensington and Chelsea in London has been named Britain’s most expensive road to live in.
But there are signs that the avenue may be losing its lustre after the average price for a property on the street fell by £767,000 to £7,369,000 compared to last year’s average.
Six of the most expensive residential streets in England and Wales remain in the Royal Borough of Kensington and Chelsea, with average property prices in the region of £5m according to research by Lloyds Bank.
The entire top 50 most expensive streets are found in southern England, and beyond the capital Home Counties properties command prices in excess of £3m.