When we think of expensive streets in England, the country’s capital naturally springs to mind. Not only are some of the houses in London the most expensive in the UK but also the world. However, there are several other ‘Millionaire Rows’ throughout the UK worth considering.
Grosvenor Crescent in Belgravia, London
With an average house price of £16.9 million, this London destination is the most expensive road in the country. That said, the competition in the capital is tight. Throughout the city of Westminster, Kensington and Chelsea, six streets in all have a running average house price north of £10 million.
Still, this doesn’t seem to threaten West London’s reputation. After Grosvenor Crescent, Ilchester Place in Holland Park has an ever so slightly lower average cost of £16.7 million per unit. And despite the rise of economic uncertainty, these prices have barely dropped. Eaton Square, with its many famous residents, was last year’s most expensive at £13.5 million per property, but is now merely this year’s number three.
Surrey’s Suburban Seven
Outside of the capital, conveyancing solicitors have been keeping busy overseeing the transfer of valuable properties in Weybridge, Leatherhead and Cobham. Weybridge tops the list of expensive streets in Surrey with East Road at an average of £5 million per house, West Road at £4.5 million and Cavendish Road with an average home price of £3.8 million.
But while the south has always been associated with costly housing, prices further north have been rising too. Manchester’s millionaire enclaves are discreet but just as expensive. Conveyancing solicitors Manchester and around the north report a lot of action outside of the Home Counties. Houses on Broadway in Altrincham, just off Hale Road, often command fees in excess of £3 million, and the road is not alone.
According to research from Lloyds Banking Group, every region in England and Wales now has a Millionaire’s Row with 73 streets across the UK making an entry. And while not all high-worth houses are located on these streets, their rise makes for interesting reading. Conveyers such as https://www.samconveyancing.co.uk/conveyancing-solicitors/conveyancing-solicitors-Manchester often find they’re working with clients in the most unexpected places.
From Cheshire to Conwy, the Humber and of course Sandbanks in Poole, high-value properties are proving themselves great investments for their owners.