London news: Kensington Palace Gardens tops UK property rich list – Metro.co.uk


Kensington Palace Gardens
Kensington Palace Gardens counts royalty, oligarchs and ambassadors among its residents (Picture: Alamy/Wiki)

Welcome to Britain’s most expensive street, where a property costs more than 100 times the average UK house price.

London’s Kensington Palace Gardens is one of the most exclusive and pricey addresses in the world.

The tree-lined avenue is gated and guarded at each end and is home to some of the wealthiest individuals on the planet.

Among its inhabitants are F1 heiress Tamara Ecclestone and Chelsea football club owner Roman Abramovich, as well as a string of embassies.

Nearby Kensington Palace is also addressed as Kensington Palace Gardens – making the Duke and Duchess of Cambridge residents.

The typical property on this billionaire’s row costs a cool £29,898,000, topping property website Zoopla’s 2021 rich list.

By comparison, the average house price in the UK currently stands at around £265,668.

In at second is Courtenay Avenue, in Highgate, which is on the edge of leafy Hampstead Heath and just a stone’s throw from Kenwood House stately home.

Fancy pitching up there? The average house price here is a staggering £19,440,000.


UK's most expensive street revealed with an average home costing ?30,000,000
The entrance to Kensington Palace Gardens isn’t exactly…understated (Picture: Wiki)

Britain's Prince William, left, and his wife Kate the Duchess of Cambridge
William and Kate are among the street’s elite residents and share the road with a number of official residences owned by foreign governments (Picture: Invision)

Manchester City v Chelsea FC - UEFA Champions League Final
Roman Abramovich – who is reputedly worth more than £10 billion – is another famous face who calls the street home (Picture: UEFA/Getty)

Grosvenor Crescent in Belgravia, a short stroll from Buckingham Palace Gardens, ranks third with an average property price of £17,212,000.

Outside of London, Titlarks Hill in Ascot, Berkshire, is now the road with the heftiest house prices at almost £8.5 million, taking the crown from Montrose Gardens on the Crown Estate in Leatherhead, Surrey.

Five streets in the exclusive Surrey enclave of Virginia Water feature in the most expensive list outside of London, including Portnall Rise in third place – with an average property value of £6,408,000 – plus Woodlands Road East and Wentworth Drive.

According to Zoopla, homes on 11,673 roads in Britain are now valued as being at least £1 million. Of these, 4,544 were in London with 4,336 in the South East.



The most exclusive street in the country

The ten most expensive streets in the UK:

  1. Kensington Palace Gardens, W8 – £29,898,000
  2. Courtenay Avenue, N6 – £19,440,000
  3. Grosvenor Crescent, SW1 – £17,212,000
  4. Ilchester Place, W14 – £15,220,000
  5. The Boltons, SW10 – £14,223,000
  6. Manresa Road, SW3 – £11,181,000
  7. Frognal Way, NW3 – £11,118,000
  8. Compton Avenue, N6 – £10,237,000
  9. Cottersmore Gardens, W8 – £9,971,000
  10. Carlyle Square, SW3 – £9,800,000

The ten most expensive streets outside of London:

  1. Titlarks Hill, Ascot, Windsor & Maidenhead – £8,410,000
  2. Montrose Gardens, Leatherhead, Surrey – £7,017,000
  3. Portnall Rise, Virginia Water, Surrey – £6,408,000
  4. Woodlands Road East, Virginia Water, Surrey – £6,211,000
  5. Cam End Road, Weybridge, Surrey – £6,144,000
  6. Fulmer Rise, Slough, Berkshire – £6,069,000
  7. Wentworth Drive, Virginia Water, Surrey – £5,938,000
  8. North Drive, Virginia Water, Surrey – £5,686,000
  9. Pinewood Road, Virginia Water, Surrey – £5,618,000
  10. Yaffle Road, Weybridge, Surrey – £5,540,000

*Prices rounded to nearest £1,000 and correct as of September 2021.

To put that into context, just nine are in Wales, 41 in the North East, and 55 in Yorkshire and The Humber.

Gráinne Gilmore, head of Research at Zoopla, said: ‘This data illustrates how the type and size of properties coupled with some of the most desirable locations around the country creates prime areas, resulting in these most valuable residential streets in the country.

‘London comes top among the UK’s prime markets, but the wider commuter zone in the South East is also home to some of the highest-value addresses, reflecting the size and type of housing stock in these regions.’

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