There’s no denying the sheer strength of the London property market.
While the rest of the country watches its house prices wobble, London’s house market is not only the last man standing strong; he’s an immortal demi-God standing on the rooftops of Kensington banging his bare chest in defiance.
And we know it’s a Kensington roof he’s on because, thanks to Zoopla, we know W8 is officially London’s most expensive postcode and Kensington Palace Gardens is the UK’s most expensive street. Aparently, an area the size of an iPad in Kensington costs over £550! (Pretty much on par with the price of an actual iPad).
As well as the essential countdown of most expensive areas in London, we also find that the number of UK property millionaires has increased to more than 245,790 that’s up 12% from last year. Unsurprisingly, more than a third of these homes are in London.
Britain’s most expensive postcode areas, with their average house price
1. W8, Kensington, £1,873,866.
2. SW7, Knightsbridge, £1,430,863.
3. SW3, Chelsea, £1,425,385.
4. W11, Notting Hill, £1,302,763.
5. SW10, West Brompton, £1,140,593.
6. NW3, Hampstead, £1,022,748.
7. SW1, Westminster, £1,010,228.
8. W1, West End, £987,191.
9. GU25, Virginia Water,£968,009.
10. SW13, Barnes, £958,871.
Britain’s most valuable streets, with their postcode and average house price
1. Kensington Palace Gardens, London, W8, £22,167,649.
2. The Boltons, London, SW10, £18,591,793.
3. Frognal Way, London, NW3, £10,989,886.
4. Courtenay Avenue, London, N6, £8,625,444.
5. Compton Avenue, London, N6, £8,456,607.
6. Park Place Villas, London, W2, £7,912,172.
7. Palace Green, London, W8, £7,228,788.
8. Montrose Place, London, SW1X, £7,168,084.
9. Manresa Road, London, SW3, £7,076,769.
10. Ilchester Place, London, W14, £6,750,971.
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