Top 10 most expensive UK streets in 2018 revealed by Zoopla

Description

They’re the most expensive streets outside of London – and a home on one of them could cost you the price of a small tropical island.

The 10 streets with the highest average property price outside the capital, have been named by property website Zoopla.

Top of the list is Montrose Gardens, in leafy Leatherhead, Surrey, where the average price of a home is £5,923,253. Astonishingly, that figure is down from last year’s figure of £6,044,860.

A number of Chelsea’s pampered Premier League players are understood to call the road home, thanks in part to its proximity to the club’s Cobham training ground.

The unusually named Phillippines Shaw near Sevenoaks, Kent, is in second place, with an average value of £4,112,413, ahead of Robins Nest Hill, near to Hertford, Hertfordshire, in third place at £3,782,579. 

This map shows where the ten most expensive streets are across the UK, excluding London

 Reading has the highest number of streets – 242 of them – where the average property is valued at more than one million pounds, say researchers.

Most expensive of all is Ferry Lane, which boasts an average property price of £2,232,204, although this lies just outside the town itself.    

 Around 91 per cent of streets with an average property price of £1million and above are found in the South, with 6,491 found in the South East.

There are millionaire enclaves outside of the home counties with a property in Broadway, Altrncham commanding fees of nearly £3million.

The leafy street is so exclusive that it does not appear on Google Street View. Manchester Evening News have described it as ‚Greater Manchester’s camera-shy millionaires‘ row‘.

TOWNS RANKED BY NUMBER OF STREETS WITH AVERAGE £1M-PLUS VALUE
Rank Town Number of streets with an average property
value of £1m or more

1 Reading 242

2 Guildford 230

3 Sevenoaks 218

4 Leatherhead 206

5 Farnham 184

6 Woking 175

7 Richmond 170

8 Esher 155

9 Maidenhead 146

10 Harpenden 145

Source: Zoopla     
Among the other big hitters is Robins Nest Hill which runs north towards Hertford from the idyllic village of Little Berkhamsted, it’s listed third in the countdown of Britain’s most expensive streets outside London.

Not surprisingly, 19 of the top 20 towns with the most £1million plus streets can all be found in the South, with the only exception being Manchester’s Altrincham.

Most expensive of all is Ferry Lane, which boasts an average property price of £2,232,204, although this lies just outside Reading itself

Excluding London, Reading in Berkshire takes the top towns spot with 242 streets, Guildford in Surrey is second with 230 followed by Sevenoaks in Kent with 218 £1million plus properties.

Lawrence Hall, from Zoopla, said: ‚Despite London’s property market continuing to plateau, its sheer desirability means that its most exclusive boroughs continue to dominate the list.

‚While the capital may be home to the most expensive streets, it’s the South East that takes the top spot for the highest volume of streets with an average value of £1million or more, perhaps due to the rising cost of London’s commuter-belt areas.‘

Formula One heiress Tamara Ecclestone lives at Kensington Palace Gardens

Its links with London and the riverside setting of some of Reading’s better streets account for the high property prices in the university town. The most expensive single street outside the capital is Montrose Gardens in Oxshott, Surrey, according to figures released by property market site Zoopla.

The leafy road – which is home to several Chelsea players because of its proximity to the club’s training ground in Cobham – commands average property prices of around £5,923,253.

However, this is a fall from £6,044,860 in 2017, showing that even some of the smartest streets are not escaping the property prices slump.

The unusually named Phillippines Shaw in Sevenoaks, Kent, came second with an average value of £4,112,413, beating Robins Nest Hill in Hertford (£3,782,579).

After Reading, other towns with high concentrations of expensive streets include Guildford – with 230 – and Sevenoaks with 218. All of the top ten were in the Home Counties, highlighting the north-south divide revealed in the Zoopla study.

Of the 17,289 streets in Britain where average property values exceed £1million, 6,491 (37.5 per cent) are in the south east and a further 5,843 (33.8 per cent) in Greater London.

In northern England, the most expensive streets are found in the suburbs of Manchester and Cheshire. Broadway in Altrincham is the most expensive street, with an average property price of £2,864,222. This is followed by Whitebam Road in Alderley Edge, where the average price is valued at £2,788,625.

Kensington Palace Gardens – with its properties commanding prices beyond £100million – retains its title as Britain’s most expensive street.

It has been named as the most expensiv