All of these streets are in London, with an average house price of £14.5 million.
Grosvenor Square in Mayfair is Britain’s most expensive street, with an average price of more than £20 million, according to Halifax’s 2023 rankings.
If you’re considering buying a house in the square, part of the Duke of Westminster’s property empire, you’ll have to pay around £20.35 million.
The street, famous for its Georgian townhouses, is also the center of some of the best pharmacies including Boots, Lloyds, Gould, Nelsons, DR Harris & Co, Wigmore, Prince and CE Harrod.
Clarendon Road in Notting Hill and Knightsbridge, home of Harrods, took second and third place in the annual Halifax rankings, with average house prices of just under £20m and £19.95m respectively.
With an average price of £14.5m, all 10 of the most expensive streets are in London and most are within the W1 postcode.
As revealed by UK property website Rightmove, London rents have hit a record high this year, with the average asking price for renters moving to the capital reaching £2,567 You one month.
Kim Kinnaird, mortgage director at high street lender Halifax, tells Times that house prices in London will continue to rise.
The most expensive properties in the UK are almost 72 times more expensive than the average house price in the country, at around £283,000.
Halifax also lists the 10 most expensive streets outside London, with prices on average £10 million cheaper than equivalent streets in the city.
People will have to spend more than £9 million to own a house in Weybridge, Surrey, on East Road, which is ranked as the most expensive street outside London.
By comparison, high street prices in Wales are much lower, with Times‘ the report points to an average price of £1,345,000 for the most expensive house in the Principality, located on Benar Headland in Pwllheli, north Wales.
The 10 most expensive streets in England
According to the comprehensive publication, these are the names of the most expensive streets in England, along with the average house prices recorded in 2018-2023.
Grosvenor Square: £20,347,000
Clarendon Road: £19,963,000
Knight Bridge: £19,949,000
Phillimore Gardens: £19,113,000
Ilchester location: £17,678,000
Grosvenor Crescent: £16,397,000
Ashburton location: £15,048,000
The Little Boltons: £14,925,000
Chepstow Villa: £14,775,000
Chelsea Square: £14,666,000