Monday, December 23, 2024

House prices: The most expensive streets to live on in each UK region with the priciest homes costing £21m – what is your area like?

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A new report from Lloyd’s has shared the most expensive streets in each area of the UK.

Unsurprisingly, London leads the way for having the most expensive properties, with East Road in Weybridge boasting the most expensive price tag outside of the capital.


The lowest ‘most expensive’ nation or region in the UK is Gannock Park West in Conway with the average house prices starting at £1,058,000.

Wales is the cheapest country for the wealthiest to live in with the most expensive street having an average house price of £1,345,000.

Properties in London were the most expensive PA

Most expensive streets per region:

London:

  • Knightsbridge, London, SW1X, £21,409,000
  • Ilchester Place, London, W14, £19,387,000
  • Grosvenor Square, London, W1K, £19,061,000
  • Clarendon Road, London, W11, £17,030,000
  • Ashburton Place, London, W1J, £15,351,000

East Midlands:

  • Croft Road, Nottingham, NG12, £1,620,000
  • Warren Hill, Leicester, LE6, £1,563,000
  • Golf Lane, Northampton, NN6, £1,512,000
  • Stamford Road, Leicester, LE9, £1,505,000
  • Dovedale Road, Nottingham, NG2, £1,394,000

East of England:

  • Park Avenue, North Harpenden, AL5, £3,587,000
  • Newlands Avenue, Radlett, WD7, £3,415,000
  • Woodlands Road, Cambridge, CB22, £3,294,000
  • Astons Road, Northwood, HA6, £3,104,000
  • Meadway, Berkhamsted, HP4, £3,089,000

North East:

  • Ramside Park, Durham, DH1, £1,538,000
  • Runnymede Road, Newcastle Upon Tyne, NE20, £1,440,000
  • Westfield Drive, Newcastle Upon Tyne, NE3, £1,340,000
  • Whalton Park, Morpeth, NE61, £1,312,000
  • Newcastle Road, Corbridge, NE45, £1,306,000

North West:

  • Barrow Lane, Altrincham, WA15, £2,914,000
  • Broadway, Altrincham, WA15, £2,905,000
  • Fletsand Road, Wilmslow, SK9, £2,659,000
  • Withinlee Road, Macclesfield, SK10, £2,381,000
  • Macclesfield Road, Macclesfield, SK10, £2,243,000

Scotland:

  • Queens Crescent, Auchterarder, PH3, £2,927,000
  • Ann Street, Edinburgh, EH4, £1,807,000
  • Elphinstone Road, Glasgow, G46, £1,645,000
  • Regent Terrace, Edinburgh, EH7, £1,621,000
  • Wester Coates Avenue, Edinburgh, EH12, £1,615,000

South East:

  • East Road, Weybridge, KT13, £8,004,000
  • Camp End Road, Weybridge, KT13, £6,120,000
  • Spring Woods, Virginia Water, GU25, £5,485,000
  • Birds Hill Drive, Leatherhead, KT22, £5,268,000
  • Furze Field, Leatherhead, KT22, £4,799,000

South West:

  • Brudenell Avenue, Poole, BH13, £3,062,000
  • Charlton Park Gate, Cheltenham, GL53, £2,829,000
  • Bury Road, Poole, BH13, £2,547,000
  • Fortescue Road, Salcombe, TQ8, £2,500,000
  • Martello Road, Poole, BH13, £2,479,000

Wales:

  • Benar Headland, Pwllheli, LL53, £1,345,000
  • Twyncyn Dinas, Powys, CF64, £1,185,000
  • Llandennis Avenue, Cardiff, CF23, £1,135,000
  • The Rise, Cardiff, CF11, £1,116,000
  • Gannock Park, West Conwy, LL31, £1,058,000

West Midlands:

  • Bakers Lane, Solihull, B93, £1,948,000
  • Rising Lane, Solihull, B94, £1,880,000
  • Roman Road, Sutton Coldfield, B74, £1,796,000
  • Hartopp Road, Sutton Coldfield, B74, £1,674,000
  • Tiddington Road, Stratford-Upon-Avon, CV37, £1,620,000

Yorkshire and The Humber:

  • Manor House Lane, Leeds, LS17, £2,135,000
  • Fulwith Mill Lane, Harrogate, HG2, £2,069,000
  • Curly Hill, Ilkley, LS29, £1,662,000
  • The Purey Cust, York, YO1, £1,555,000
  • Sandmoor Drive, Leeds, LS17, £1,462,000

Head of mortgages at Lloyds, Amanda Bryden, said: “London’s dominance in the list of priciest streets underscores the city’s continued appeal and the resulting competitiveness at the very top end of the property market.

“However, at £21.4million to buy a home, even those with the deepest pockets might baulk at the price. The cost of securing a prestigious address does vary across the country.

“For instance, living on the most expensive street in Wales means paying around £1.3million, although still a significant amount.”

The report was based on transactions across the UK between September 2019 to August 2024.

A general view of estate agent boards outside a property in Staines-upon-Thames in Surrey

The report discovered the average house price in August 2024 is £356,925 across the UK

PA

Through evidence collected from the Land Registry and the Royal Mail, the data in the report is compiled from over 1.8 million UK postcodes.

It discovered that the average house price in August 2024 is £356,925 across the UK.

This means it is 60 times more expensive to buy a property on the most expensive street in the UK than an average house.

For those wanting to add value to their properties, people were told a series of “simple updates” to conduct on their property.

A property expert shared some changes people can make when wanting to enhance their property’s price tag.

Terry Fisher from We Buy Any Home said: “Simple updates like repainting cabinets, changing handles, or adding a stylish backsplash can refresh the space without the hefty price tag.

“Re-grouting tiles, installing a new shower head, or replacing old faucets are cost-effective fixes.”

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