Half of the UK's most expensive streets are to be found in Chelsea and Kensington, according to new research.
People looking to pick up a mortgage for property in the fashionable London suburbs may be interested to hear that the average house price in the Vale is £4,677,500, while Wycombe Square has an average property value of £4,205,192, according to Halifax.
The most expensive street outside of London is Panorama Road in Poole, which has an average house price of £4,158,333, while the most expensive places outside of southern England are Congleton Road in Cheshire and Kent Road in Harrogate which have average house prices of £1,684,166 and £1,173,373 respectively.
Martin Ellis, chief economist at Halifax, commented: "Chelsea and Kensington have some of the most expensive streets in England and Wales."
"The Royal Borough has been a highly fashionable area to live in since the sixties”
Another source of research by Property Finder.com indicates that the number of buyers actively contacting agents about properties over a £1 million is now 58% higher than those buyers looking for properties below £1 million.
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