The street, set between the banks of the River Thames to the South and the famous Kings Road to the North, replaces last year’s top spot, Avenue Road in London’s St John’s Wood.
Second on the list is Phillimore Gardens, with average house prices on the prestigious street near Kensington and Holland Park at £25,188,000. In third, a home amongst the festive lights of Mayfair’s South Audley Street will set buyers back over £22 million (£22,850,000) on average.
While London streets continue to dominate the Top 10, mainly located in the prime residential areas of Kensington, Chelsea and the City of Westminster, the South East proves it’s got its fair share of pricey properties too.
Taking the 11th and 12th spots, South Ridge (£7,125,000) and East Road (£6,862,000), are both in Weybridge, a small town just outside the M25.
In the North, Windermere's Old Hall Road (£2,508,000) tops the bills, while Altrincham's Barrow Lane (£3,706,000) tops the North West. Yorkshire and the Humber sees Harrogate's Fulwith Mill Lane (£1,797,000) top the leaderboard. In the West Midlands, Birmingham's Carpenter Road (£3,088,000) takes top spot, while in the East Midlands the most expensive street in the region can all be found in Leicester - Benscliffe Road (£3,288,000).
Unsurprisingly, the most expensive road in the South East is considerably more pricy, with Weybridge's South Ridge coming out at £7,125,000, and the South West's Poole has Pearce Avenue with an average value of £3,478,000. Wales' most expensive road - Benar Headland in Pwlheli - has an average price of £2,152,000.
Esther Dijkstra, Mortgage Director, Lloyds Bank, said:
“London’s dominance of the top ten most expensive streets in the UK continues, with property prices on some of the most famous roads in the capital averaging £19 million. Homes in the South East’s most expensive streets will set you back around £5.5 million, and you’ll benefit from more rural locations all within commuting distance of the capital.
“However, much like house prices overall, homes in London have not experienced the same meteoric rise as other regions this year. Buyers with deeper pockets may be starting to look beyond the capital for their next grand home.”
