These are the five most expensive streets in London (2024)

These are the five most expensive streets in London (1)

Would you pay 45 million pounds for a property in London?

These are the five most expensive streets in London (2)

Written by

Aarna Raj

Alright folks, hold onto your top hats and designer handbags because we're about to dive into theglamourous world of London's most prestigious streets. You know, the kind of places where even the air you breathe seems to have a price tag attached? Yep, those ones.

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.The area offers unrivalled access to some of London’s most iconic landmarks, including Buckingham Palace and St. James’s Park - talk about rubbing shoulders with royalty.

Not far behind is Vicarage Gate in Holland Park, securing the second spot on the list with an average bank-busting price tag of £6.3m. Picture this: lush greenery, elegant period homes, and the kind of neighbours who casually name-drop about weekends in the Cotswolds. It's the epitome of sophistication, darling.

Claiming the third spot is Park Road in St John’s Wood, a neighbourhood synonymous with prestige and exclusivity. With an average asking price of £5.8m, it's the kind of street where you might spot a celebrity walking their designer pooch or sipping a latte at a quaint café. Who needs Hollywood when you've got St John’s Wood.

Onto the next spot, St John’s Wood Road in Maida Vale, clinching the fourthplace with an average asking price of £5.3m. This area is the perfect blend of urban chic and timeless elegance - no wonder St John’s Wood Road is giving its pricier neighbours a run for their money.

And last but certainly not least, we have Cadogan Square in Knightsbridge rounding off our top five with an average asking price of £4.8m. Being close to Harrods and Sloane Street, it's a magnet for the rich and famous. From lavish townhouses to sleek penthouses, Cadogan Square offers a lifestyle that's as exclusive as it gets.

Now, here's the juicy bit – sales searches for these swanky London boroughs are skyrocketing. Mayfair, St John’s Wood, and Holland Park are all seeing surges in demand, with house hunters clamouring to get a piece of the high life. It's like the property market equivalent of a feeding frenzy – except with fewer sharks and more champagne.

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    These are the five most expensive streets in London (2024)

    FAQs

    What is the wealthiest street in London? ›

    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.

    What is the most expensive street outside London? ›

    Britain's most expensive street outside London, where homes average £2.6 million — and a bare plot is up for sale at £5.5m. Old Avenue in leafy Weybridge, Surrey, tops the list of the most expensive streets to buy a home outside the capital.

    What is the most expensive street in London for sale? ›

    Rightmove has revealed Britain's most expensive streets for 2024, with Buckingham Gate in Westminster topping the list. Famously home to royalty, new research by the property portal found that the esteemed residential area has an average asking price of £9,633,333.

    Where do billionaire live in London? ›

    Places like Westminster, Chelsea, and Knightsbridge have some of the country's most expensive homes, with many residents who are celebrities or hold high office. Britannica. "London."

    Why is Kensington so expensive? ›

    Technically, the Crown Estate owns all of the freehold on the entirety of Kensington Palace Gardens. This means that even its billionaire residents are leaseholders to royalty. This doesn't seem to put off potential buyers though, with prices still going up.

    Where do rich people hang out in London? ›

    If you're interested in London's richest area, Knightsbridge is renowned for its wealth and luxurious lifestyle. Known for its high-end shopping and dining experiences, Knightsbridge is lined with exquisite restaurants, designer stores, and exclusive boutiques, making it one of the richest areas in London.

    What is the richest street in the world? ›

    New York City's 57th Street on Billionaires' Row took the top spot, with 41 sales above $25 million in the past five years. In second place is Mount Nicholson Road in Hong Kong, with 35 ultra-prime sales.

    What is the poorest borough in London? ›

    With housing costs factored in, the disparity between the borough with the highest (Tower Hamlets) and lowest rates (Merton) of poverty soars to 23 points. Before housing costs, only Lewisham and Wandsworth – the boroughs with the highest BHC poverty rates – have a poverty rate above 20%.

    What is the prettiest street in London? ›

    London's Most Beautiful Streets
    • Elizabeth Street, Belgravia. ...
    • Neal's Yard, Covent Garden. ...
    • Burlington Arcade, Mayfair. ...
    • Kynance Mews, Paddington. ...
    • Bathurst Mews, Paddington. ...
    • Bywater Street, Chelsea.

    What is the best luxury street in London? ›

    New Bond Street in Mayfair is the most expensive shopping street in London. Though the street is commonly known as Bond Street, the road is split into New Bond Street and Old Bond Street. The New Bond Street section has the highest concentration of luxury shops in London.

    Who lives on Titlarks Hill? ›

    Titlarks Hill is home to Michael Bruce, ex-Purplebricks and Boomin, who earlier this year listed his property for sale at an asking price of £19.5m. There is no record of the property having been sold yet on the the Land Registry, which suggests Bruce probably still owns the house.

    What is the most prestigious 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.

    Who lives on Kensington Palace Gardens? ›

    It is the residence of many ambassadors, including those of Saudi Arabia, UAE, and India. Famous residents included Israeli billionaire Noam Gottesman and Indian billionaire Lakshmi Mittal. Princess Haya of Jordan resides in a home in Kensington Palace Gardens.

    What is London's most famous shopping street called? ›

    Oxford Street is one of the busiest streets in the world. The bustling crowds are attracted by a huge range of shops and department stores that offer the best in high street fashion, sportswear, and Britain's most famous brands. Selfridges department store is a particular highlight.

    Where in London is billionaires row? ›

    The Billionaires' Row - The Bishops Avenue Houses & Property

    Billionaires move to The Bishops Avenue precisely because they want to proclaim their wealth and extravagance.

    Which part of London is the richest? ›

    1. Knightsbridge. The richest area in London is Knightsbridge. A lavish neighborhood within two miles of the city center, Knightsbridge is particularly beloved for its prestigious atmosphere.

    What is the most expensive shopping street in London? ›

    New Bond Street in Mayfair is the most expensive shopping street in London. Though the street is commonly known as Bond Street, the road is split into New Bond Street and Old Bond Street. The New Bond Street section has the highest concentration of luxury shops in London.

    Who lives on Kensington Palace Road? ›

    As well as being a popular visitor destination, Kensington Palace is the official London residence of TRH The Prince and Princess of Wales and their children. The Duke and duch*ess of Gloucester, The Duke and duch*ess of Kent and Prince and Princess Michael of Kent are also based in the palace's royal apartments.

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