The top 10 most expensive streets in Britain are all located in London, new data reveals. For buyers with the deepest pockets, properties in Knightsbridge - which is the road that houses One Hyde Park - are the most expensive, with an average price tag of £21,409,000.
Ilchester Place in London is the second most expensive street to buy a home, with prices at around £19,387,000. Grosvenor Square and Clarendon Road are the third and fourth priciest streets in London to purchase properties, with homes typically costing £19,061,000 and £17,030,000 respectively, Lloyds said.
While still in the top 10, at £13,696,000, properties on The Little Boltons street in Chelsea cost £7million less than those in the heart of Knightsbridge. Amanda Bryden, head of mortgages at Lloyds, 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.'. Taking all the top 10 most expensive streets in London into account, buyers need an average of £16.5million to buy a home. With the average national house price standing at around £356,925, the most expensive properties in the country are almost 60 times more expensive than a typical home.
