Lloyds has revealed the UK’s most expensive streets of 2024, with Knightsbridge in London topping the list.
A home in the sought-after area – home to high-end boutiques and luxury hotels – will set buyers back a staggering £21.4 million.
Just over two miles away, Ilchester Place, located in the Holland Park area of Kensington, is in second place with an average price tag of £19.4 million.
Rounding out the top three is Grosvenor Square (last year’s most expensive), one of the largest squares in London, where properties now cost an average £19 million.
LONDON ON TOP
London dominates the priciest streets list and those dreaming of owning a home on one of these will need deep pockets, with average prices now £16.5 million.
With the average UK house price at £356,925, the most expensive properties in the country are almost 60 times more than a typical home.
Outside of the capital, East Road in Weybridge is the most expensive. The average home here comes in at just over £8 million, still a considerable price tag.
Wealthier buyers looking for an exclusive street in Wales would need around £1.3 million – the lowest ‘most expensive’ nation or region in the UK.
Top 10 most expensive UK streets
| Street name | Location | Postcode | Average house price 2019-2024 |
| Knightsbridge | London | SW1X | £21,409,000 |
| Ilchester Place | London | W14 | £19,387,000 |
| Grosvenor Square | London | W1K | £19,061,000 |
| Clarendon Road | London | W11 | £17,030,000 |
| Ashburton Place | London | W1J | £15,351,000 |
| Avenue Road | London | NW8 | £15,167,000 |
| Phillimore Gardens | London | W8 7 | £14,958,000 |
| Chelsea Square | London | SW3 | £14,666,000 |
| Grosvenor Crescent | London | SW1X | £13,942,000 |
| The Little Boltons | London | SW10 | £13,696,000 |
Source: Registry and Royal Mail (postcode). Based on crude average prices for the period between September 2019 and August 2024.
Amanda Bryden, Head of Mortgages at Lloyds, says: “London’s dominance in the list of priciest streets underscores the city’s continued appeal and the resulting competitiveness at the very top end of the property market. However, at £21.4 million to buy a home, even those with the deepest pockets might baulk at the price.
“The cost of securing a prestigious address does vary across the country. For instance, living on the most expensive street in Wales means paying around £1.3 million, although still a significant amount.”
REGIONAL TOP PRICES
East Midlands
Croft Road in Nottingham is the most expensive street once again (£1,620,000). Warren Lane, Leicester (£1,563,000) also retains second spot. Golf Lane in Northampton (£1,512,000) is new in third place.
East of England
In the East of England, Park Avenue North, Harpenden, is now the most expensive street (£3,587,000), followed by Newlands Avenue in Radlett (£3,415,000). Last year’s first place Woodlands Road in Cambridge (£3,294,000) is now third.
North East
Ramside Park in Durham (£1,538,000) retains the top spot in the region. Runnymede Road (£1,440,000) and Westfield Drive (£1,340,000) both in Newcastle Upon Tyne make up second and third place.
North West
An all-new top three in the North West is made up of first and second places both in Altrincham – Barrow Lane (£2,914,000) and Broadway (£2,905,000). Fletsand Road in Wilmslow (£2,659,000) completes the top three.
Scotland
Queens Crescent in Auchterarder is Scotland’s most expensive postcode at nearly £3 million (£2,927,000), followed by Ann Street in Edinburgh (£1,807,000). Glasgow’s Elphinstone Road (£1,645,000) is in third place.
South East
East Road in Weybridge (£8,004,000) – which is also the most expensive area outside of London – retains first place in the South East. Camp End Road also in Weybridge (£6,120,000) is new in second place this year, followed by Spring Woods in Virginia Water (£5,485,000) who retains third place from last year.
South West
Brudenell Avenue in Poole (£3,062,000) is now the priciest in the region. Charlton Park Gate in Cheltenham (£2,829,000) last year’s third place moves up to second followed by Bury Road in Poole (£2,547,000).
Wales
Wales has some of the lowest most expensive properties in the UK. Benar Headland in Pwllheli (£1,345,000) is again the most expensive street in Wales, followed by Twyncyn in Dinas Powys (£1,185,000), In the Welsh capital of Cardiff, Llandennis Avenue has the priciest property price tag (£1,135,000) and the third most expensive across the whole of Wales.
West Midlands
Solihull has some of the most expensive houses in the West Midlands, topping the list is Bakers Lane (£1,948,000) closely followed by Rising Lane (£1,880,000). Roman Road in Sutton Coldfield (£1,796,000) completes the list.
Yorkshire and The Humber
The most expensive street in the region is once again Manor House Lane, Leeds (£2,135,000), followed by Fulwith Mill Lane, Harrogate (£2,069,000), then Curly Hill, Ilkley (£1,662,000).
FASCINATING SNAPSHOT
Toby Leek, NAEA Propertymark President, says: “The latest data from Lloyds highlights some incredible property prices across the UK, with London firmly retaining its status as the centre of luxury real estate.
“Knightsbridge showcases the enduring appeal of prime London real estate, particularly in areas renowned for their exclusivity and proximity to world-class amenities.”
REGIONAL DISPARITIES
He adds: “The report also illustrates stark regional disparities. While a home on East Road in Weybridge, the priciest street outside London, averages over £8 million, the most expensive properties in Wales come in significantly lower, averaging around £1.3 million.
“Such figures emphasise the varied dynamics of the UK property market, where location and prestige dramatically influence valuations.
“This report is a fascinating snapshot of where the UK’s wealthiest choose to invest in real estate. As we move into 2025, these trends will likely continue to shape discussions around housing policy and urban development.”
