29
Dec
London street is Britain's most expensive
Britain's most expensive streets are, rather unsurprisingly, almost
fully concentrated on London and the surrounding area, according to
new data released by Lloyds TSB.
The popular area of Kensington and Chelsea, a haven for the rich,
has seven of the top ten streets where
property for sale in London is most expensive.
However, the street with the highest property price in the country
on average is Holland Park, just around the corner from Kensington
Palace, where the average property costs £4,863,000.
Suren Thiru, economist at Lloyds TSB, said: "This part of London
has always had a glamorous reputation, attracting buyers from the
business and entertainment world, and more recently the super-rich
from across the world."
He added that good schools and shops meant that the area was
popular.
Scotland mirrored England, as most of the most expensive streets in
the country were centred around the capital, Edinburgh, where Dick
Lane was named as the most expensive street.