Britain's most expensive streets revealed | Property blog (2024)

Picture the scene: you’re searching on Rightmove, and decide to remove the price filter… Ever wondered which streets might show up if you delved into an ‘if-money-was-no-object’ property search?

Well, we can now reveal the most expensive streets to buy homes in Britain, and there are some truly showstopping homes in these locations. The most expensive street in Britain is Buckingham Gate in Westminster – a stone’s throw from some of central London’s world-famous landmarks, including Buckingham Palace – where the average property price is over £9.6 million.

Take a look at this house for sale on Buckingham Gate:

Britain's most expensive streets revealed | Property blog (1)

A 9-bedroom Grade II-listed houseBuckingham Gate, Westminster£45 million
Knightsbridge Prime Property, Mayfair

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Vicarage Gate in Holland Park takes second spot, where the average asking price is just over £6.3 million, with Park Road in St John’s Wood, where the average cost of a home is around £5.8 million, coming in third place.

We’ve seen an increase in the number of searches for the most prestigious London addresses this year, with the number of people looking for homes in Mayfair jumping by a huge 35% compared to the same time in 2023. Home searches in north London’s St John’s Wood are up by 15%, and up by 11% in west London’s Holland Park.

Our property expert, Tim Bannister, says: “London’s status as the hub of luxury property in the UK remains unchallenged, with Buckingham Gate in Westminster commanding the highest average asking price. Although the possibility of buying one of these homes is limited to a very lucky few, there’s clearly a fascination with these prestigious homes as we find they’re often among our most-viewed properties on Rightmove.”

StreetAreaAverage asking price
Buckingham GateWestminster£9,633,333
Vicarage Gate Holland Park£6,332,000
Park RoadSt John’s Wood£5,814,285
St John’s Wood RoadMaida Vale£5,389,444
Cadogan SquareKnightsbridge£4,834,500

Outside London, the five most expensive streets are mostly found in the southern counties, with Old Avenue in Weybridge, Surrey, taking the top spot.

StreetTown, CountyAverage asking price
Old AvenueWeybridge, Surrey £2,633,333
The RidgewayCuffley, Potters Bar, Hertfordshire £2,289,286
Manor RoadChigwell, Essex £2,219,444
Swithland LaneRothley, Leicester £2,024,000
Norsey RoadBillericay, Essex £1,800,000

Take a look at these homes for sale on Britain's most expensive streets:

Britain's most expensive streets revealed | Property blog (2)

An 8-bed marble-filled manor houseChigwell, Essex£5 million
Quicklister, Nationwide

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Britain's most expensive streets revealed | Property blog (3)

A 6-bed house set in over 1.6 acresWeybridge, Surrey£4.95 million
Knight Frank, Weybridge

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Britain's most expensive streets revealed | Property blog (4)

A 10-bed house with 2.8 acre groundsThe Ridgeway, Cuffley, Hertfordshire£6.95 million
Statons, Brookmans Park

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Britain's most expensive streets revealed | Property blog (5)

A 10-bed house set in expansive groundsSwithland Lane, Rothley, Leicester£3.9995 million
Savills, Nottingham

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The header image for this article was provided courtesy of Quicklister.

READ MORE: See inside the most-viewed homes of the month

Britain's most expensive streets revealed | Property blog (2024)

FAQs

What is the most expensive street in the UK? ›

Rightmove has revealed Britain's most expensive streets for 2024, with Buckingham Gate in Westminster topping the list.

What is the most expensive property in Britain? ›

The property has been making headlines since it hit the market last week, as if it fetches its predicted £250 million, The Holme will become the most expensive home in the United Kingdom, beating the current top spot – a £210 million mansion in nearby Hyde Park – by tens of millions of pounds.

Where is the most expensive place to buy property in the UK? ›

It will probably come as no surprise to our readers that London is by far the most expensive city to buy and rent a property. First-time buyers in London are looking at an average of £501,934 for a standard two-bed property with mortgage payments at £1,862 per month.

Who owns Britain's most expensive house? ›

What is surprising, though, is that the owner of the $450 million-plus property is John Caudwell, an Englishman with working-class roots who made his fortune through the mobile phone company Phones 4U, which he sold for approx $2.9 billion in 2006.

Which place in UK is the most expensive? ›

London will always win the top spot and currently the average price here id £523,400 which is almost two times more than the UK Average.

Why is property so expensive in the UK? ›

The demand for housing in the UK has massively outstripped supply, leading to soaring property prices. On the demand side, factors include population growth, increased life expectancy, and a surge in single-person households. More people are living longer and wanting their own space, contributing to the high demand.

Which country owns most property in UK? ›

Foreign Ownership Statistics:

The data reveals that residents from the 50 most represented foreign locations collectively own 187,275 properties in England and Wales. Hong Kong leads the way in terms of property ownership, with 24,759 homes representing 13.2% of the total.

What nationality owns the most property in London? ›

Indians own more properties in London than the English Recent calculations by the developer Barratt London showed that the number of Indians who own real estate in the heart of the United Kingdom exceeded the number of English owners.

What channel is Britain's most expensive homes on? ›

Watch Britain's Most Expensive Houses | Stream free on Channel 4.

What is Britain's largest private house? ›

Both the largest and the longest privately owned house in the UK is Wentworth Woodhouse in Wentworth, near to Rotherham. It has 250,000 square foot or 23,000 square metres of floor space, which is some going, considering that the average UK property has around 97 square metres.

What is the richest area in the UK? ›

Which is the richest county in the UK? Surrey in South East England, takes the top spot as the richest county in the UK with a total property worth of £287.6 billion.

What is the wealthiest address in the UK? ›

London: Phillimore Gardens, Kensington – £23.8m

The most expensive street in the whole of the UK, Phillimore Gardens is a prestigious street located in the fashionable neighbourhood of Kensington, West London.

What is the most luxury street in London? ›

According to the latest data from Rightmove, it's none other than Buckingham Gate in Westminster taking the crown as the UK's priciest street. With an eye-watering average asking price of £9.6m, it's not just a street, it's practically a postcode of its own.

What is the most expensive area to live in London? ›

Mayfair. Mayfair is undoubtedly the richest end in London and loved by the wealthy class. This neighbourhood is located at the city's western end and provides a real luxury living experience. Mayfair is a desirable place to live in London due to its exclusive properties for affluent people.

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