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Where are the most expensive streets in England and Wales?

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The most expensive street in the country has been revealed as Avenue Road in London, where the average house price is £30.5million.

Avenue Road is in the affluent area of St John’s Wood in north west London, and it is lined with multi-million pound mansions.

The road is a main corridor into central London, leading into Regent’s Park. It has caught the eyes of wealthy buyers in recent years and is dubbed one of the city’s ‘most desirable destinations’.

This six-bed detached house is in the most expensive street in England and Wales - Avenue Road in St John's Wood, London - and is for sale for £27.5m

This six-bed detached house is in the most expensive street in England and Wales – Avenue Road in St John’s Wood, London – and is for sale for £27.5m

The most expensive streets in the country have been revealed by Lloyds Bank

The most expensive streets in the country have been revealed by Lloyds Bank

Avenue Road has good access to transport links and local amenities, but it has managed to escape the traffic congestion that makes other expensive roads in the capital less appealing.

But perhaps more importantly is that Avenue Road has been one of the few thoroughfare’s in the area where wealthy buyers can still snap up substantial plots of land in recent years – up to an acre – that are big enough to accommodate the ‘trophy homes’ they desire.

It means that even relatively ‘small’ and outdated properties on Avenue Road are seen as premium purchases, as buyers are often able to knock them down to make room for even bigger – and more valuable – homes in their place.

Buying agent Henry Pryor said: ‘Homes on Avenue Road go for mega bucks. Why? Because this is where one-upmanship is practiced at Olympic levels. 

‘The people here never settle for second best so the homes that are currently for sale are more expensive than the ones that have been sold – but they in turn will be eclipsed by the homes that are now being planned.’ 

Avenue Road replaces last year’s top spot, Ilchester Place in London’s Holland Park, where homebuyers last year could pay around £17million for the luxury address.

This eight-bed detached house in Avenue Road, London, is for sale for £25m via estate agents Glentree

This eight-bed detached house in Avenue Road, London, is for sale for £25m via estate agents Glentree

One of the most expensive streets is Ilchester Place in London's Holland Park (pictured)

One of the most expensive streets is Ilchester Place in London’s Holland Park (pictured)

The second most expensive is Tite Street in Chelsea, with an average house price of £28,902,000

The second most expensive is Tite Street in Chelsea, with an average house price of £28,902,000

Avenue Road’s impressive new entry, along with others in this year’s list by Lloyds Bank have reached the top following only a few lucrative transactions on these sought-after streets.

The second most expensive is Tite Street in Chelsea, and has an average house price of £28,902,000.

It is followed by South Audley Street where a home among the Mayfair Christmas lights will set you back £22.85million on average.

Holland Park’s Ilchester Place at £16,583,000 and Holland Villas Road at £15,815,000, are in fourth and fifth place respectively.

Pictured: Grosvenor Crescent in London's Belgravia is one of the most expensive streets

Pictured: Grosvenor Crescent in London’s Belgravia is one of the most expensive streets

All of the top 10 most expensive places to live are in London, with the prestigious areas of Kensington and Chelsea and the City of Westminster dominating the list.

However, the capital is being challenged by the South East in the rest of the top 20 most expensive streets in England and Wales.

The priciest properties in the South East are now an average of £5.6million, up from £4.4million in 2019, according to Lloyds Bank.

Seaside location Christchurch Road in Bournemouth has entered at number 16 this year, with properties in the area costing £6,264,000 on average.

Andrew Mason, of Lloyds Bank, said: ‘It comes as no surprise that London continues to rule the roost of the country’s prime property market, however we are seeing a marked growth in prices in the south east and across other UK regions. 

‘The average house price, in the most expensive streets in the South East has risen by over a staggering £1million in the past year.

‘Elsewhere your typical home on Wales’s most expensive street this year is just shy of £2million, compared to last year’s top average of £900,000. 

‘Meanwhile the new priciest street in the North is located in Windermere, where your average home will also cost you north of £2million, up from last year’s mean price of just over £1.5million.’

This six-bed detached house on St George's Hill, Weybridge, Surrey is for sale with a guide price of £14.5m

This six-bed detached house on St George’s Hill, Weybridge, Surrey is for sale with a guide price of £14.5m

The most expensive streets in each region…

North 

The top two most expensive streets in the North are in Windermere – Old Hall Road, which has an average house price of £2,508,000, followed by Newby Bridge Road at £1,533,000.

Five of the top 10 most expensive streets are based in Newcastle Upon Tyne – with Montagu Avenue being the most expensive at £1,225,000, four in Windermere and one in Durham.

North West

In the North West, all the expensive streets are in Altrincham, Macclesfield, Knutsford and Alderley Edge.

Barrow Lane in Altrincham is the most expensive street with homes selling, on average, for £3,706,000 followed by Green Walk at £2,763,000 and East Downs Road at £2,475,000 – all in Altrincham.

Bradford Lane at £2,375,000 and Withinlee Road at £2,336,000 are both in Macclesfield, and complete the top five.

Yorkshire and the Humber

The most expensive street in Yorkshire and the Humber is Linton Lane in Whetherby at £1,906,000, followed by St. Georges Place in York at £1,645,000, and Fulwith Mill Lane in Harrogate at £1,644,000.

Ling Lane in Leeds at £1,425,000 and Driffield Terrace in York at £1,375,000 make up the top five most expensive streets in the region.

West Midlands

In the West Midlands, Old Warwick Road with an average house price of £2,278,000 and Rising Lane at £1,868,000 – which are both in Solihull – and Cherry Hill Road at £1,850,000 in Birmingham, are the three priciest addresses.

These are followed by Temple Road in Solihull at £1,817,000, Ladywood Road in Sutton Coldfield at £1,694,000 and Liveridge Hill in Henley-In-Arden at £1,629,000.

East Midlands

Benscliffe Road in Leicester is the most expensive street in the East Midlands with an average price of £3,288,000, followed by Ulverscroft Land, also in Leicester but at half the price, with typical values at £1,644,000.

Cour D’Honneur in Oakham at £1,588,000, Wollaton Road in Nottingham at £1.57million and Warren Hill in Leicester at £1,547,000 complete the top five.

East Anglia

Streets of Cambridge dominate the 10 most expensive in East Anglia. Most of these streets are close to the main university area in the CB2 and CB3 postal districts.

Chaucer Road is the most expensive street at £3,610,000 followed by Clarkson Road at £2.93million, Storeys Way at £2,585,000, Millington Rad at £2,351,000 and then Cranmer Road at £2,233,000.

South East

The region’s most desirable addresses are in the towns of Weybridge and Leatherhead. South Ridge in Weybridge is the most expensive with an average price of £7,125,000, followed by East Road, also in Weybridge at £6,643,000.

In third place is Montrose Gardens in Leatherhead at an average price of £6,272,000 and completing the south east top five are Birds Hill Drive in Leatherhead at £5,313,000 and Camp End Road in, Weybridge at £5,237,000.

South West

The most expensive streets in the south west are found in Bath, Bournemouth, and Poole. Christchurch Road in Bournemouth is the most expensive with an average house price of £6,264,000, followed by Bath’s The Circus at £3,117,000 and Kelston Road at £3,079,000.

Streets in Poole make up six out of the 10 most expensive streets, with Panaorama Road at £2,982,000 and Pearce Avenue at £28million completing the top five.

Wales

Benar Headland in Pwllheli is Wales’s most expensive street with an average price of £1,928,000. The most expensive street in the Welsh capital of Cardiff is Llandennis Avenue, where the average house price will set buyers back £1,803,000.

Most expensive streets in England and Wales 2020 
Street Name Posttown Region Postcode Average House Price £
2015-2020*
Avenue Road London Greater London NW8 30,500,000
Tite Street London Greater London SW3 28,902,000
South Audley Street London Greater London W1K 22,850,000
Ilchester Place London Greater London W14 16,583,000
Holland Villas Road London Greater London W14 15,815,000
Manresa Road London Greater London SW3 15,518,000
Tregunter Road London Greater London SW10 15,510,000
Grosvenor Crescent London Greater London SW1X 15,440,000
Chester Square London Greater London SW1W 15,400,000
Knightsbridge London Greater London SW1X 14,954,000
South Ridge Weybridge South East KT13 7,125,000
East Road Weybridge South East KT13 6,643,000
Montrose Gardens Leatherhead South East KT22 6,272,000
Christchurch Road Bournemouth South West BH1 6,264,000
Birds Hill Drive Leatherhead South East KT22 5,313,000
Camp End Road Weybridge South East KT13 5,237,000
Brooks Close Weybridge South East KT13 5,100,000
Virginia Avenue Virginia Water South East GU25 5,083,000
Hatton Hill Windlesham South East GU20 5,009,000
Fishers Wood Ascot South East Sl5 4,996,000
Source: Lloyds Bank         

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New-build flats with communal work-from-home space are just the job 

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Whether it’s perching computers on ironing boards or struggling to find a peaceful corner in the chaos of a noisy family house, most of us have had to adapt our homes over the past 18 months.

But as the trend for flexible working looks set to continue, a new concept in housing is gaining traction.

Work from home (WFH) developments with a ‘hub’ shared by other residents are popping up across the country.

Modern living: Work from home developments with a 'hub' shared by other residents, which aim to retain the social aspect of office life, are popping up across the country

Modern living: Work from home developments with a ‘hub’ shared by other residents, which aim to retain the social aspect of office life, are popping up across the country

‘The hub is a way of retaining the social aspect of office life,’ says Karly Williams, director of Barratt North Thames. ‘Being close to home enables residents to manage domestic issues, while mixing with others staves off any sense of loneliness and alienation.’

At Barratt’s Linmere development in Houghton Regis, Bedfordshire, which is due to launch in December, the office hub will be surrounded by cafes, shops and green outdoor space.

WFH residents won’t feel they are missing out on the coffee breaks and sandwich lunches they used to enjoy as part of conventional office life. Barratt’s co-working offices and homes are priced from £101,000 to £439,500.

WFH developments can also be effective in regenerating rural areas where unemployment is a problem.

In the village of Lawrenny in the Pembrokeshire Coast National Park, planning permission has just been granted to a local farmer, David Lort-Phillips, to build a WFH development of 39 homes with shared offices. 

Lawrenny has been in steady decline since the 1980s and until recently looked like becoming little more than a cluster of holiday homes.

‘A village should be more than that; it should be a place to earn a living and to have a busy family life,’ says Lort-Phillips. ‘Many of the new WFH houses will be bought by people returning to Lawrenny, having been brought up here.

‘They will put back into the community, using local businesses and training up local young people.’

Prices of the new homes will range from £300,000 to £500,000 for two to four bedrooms, with management fees of £400 per annum.

One danger of building this kind of development in the countryside is that the new homes will jar architecturally with older, nearby properties. But this doesn’t have to be the case.

Galion Homes builds its developments in Somerset with home-workers in mind, so all the homes have offices with superfast broadband as well as nearby hubs and cafes.

‘We won’t be ugly “tack-ons” to villages,’ says Victoria Creber, sales director at Galion. ‘We build developments of no more than 50 homes, at low density, using local stone with a big nod to the local vernacular.’

Disturbing research, based on figures from the Office for National Statistics, was published recently showing 25 per cent of WFH Londoners said they had suffered reduced well-being.

Fizzy Living, which targets its rental apartments at young professionals with an average age of 32 and earning £44,000 a year, tries to make life as stress-free as possible in its East 16 block in Canning Town. 

The scheme comprises 292 apartments, each with its own balcony. Amenities include a meeting room, residents’ lounge, games area and yoga studio.

It claims to be the most pet-friendly building in London, having a specially designed dog washroom (known as the Pawder Room) and it offers a pet-friendly furniture pack for the more delinquent cats and dogs.

‘This block works for me because I can use different spaces for different activities and this combats stress,’ says designer Asher Peruscini, 37, from San Francisco.

‘I use my desk when I’m in design mode, the balcony for more creative stuff and the meeting rooms downstairs for socialising.’ Rentals are from £1,430 pcm.

For those who appreciate the zany side of life, Quintain Living has built The Robinson, a collection of three apartment blocks at Wembley Park in North-West London, in what its describes as ‘retro kitsch’ style.

Each building has a roof terrace where there are surreal delights such as a giant orange-shaped juice bar, a 50-yard row of sun loungers — reputedly the longest in Britain — and a slide that runs down to a courtyard in the floor below.

The WFH component isn’t forgotten — high-speed wifi is found in converted campervans on the terrace.

To de-stress, there is even a rentable spa caravan with a hot tub. From £1,755 furnished; £1,670 unfurnished.

Are WFH developments here to stay?

‘I don’t think working from home will ever replace the buzz of a team of people working towards one goal in the same office,’ says Harry Downes, managing director of Fizzy Living.

‘But I do foresee people being given the freedom to work at home when they need to, reporting into the office only to be kept updated on the bigger picture. It’s a new lifestyle and this type of development caters for it.’ 

On the market… with office space 

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South Africa 17 Lions 22

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15 Stuart Hogg

Something of a flip-flop in terms of his strengths as a player as one or two misplaced passes in attack but resolute and solid in defence. A couple of glimpses of his footwork and pace but he’ll be hoping for more ball next Saturday. Rating: 6

14 Anthony Watson

He was excellent in the first half, the Lions most potent force in attack in being able to escape multiple tacklers, albeit most of the time in lifting pressure in his own 22/half. The ball didn’t run his way after the interval. Rating: 7

13 Elliot Daly

It was his first game at outside centre in Test rugby in five years and it showed. He gave away a couple of penalties, missed his trademark long-range penalty, was bested physically in the collisions and will be under pressure to retain his place. Rating: 5

Robbie Henshaw is tackled by Elton Jantjies. Photograph: Dan Sheridan/Inpho
Robbie Henshaw is tackled by Elton Jantjies. Photograph: Dan Sheridan/Inpho

12 Robbie Henshaw

Shaded his physical duel with Damian de Allende, carried aggressively, was accurate in the tackle and scrambled well, highlighted by forcing a crucial knock-on from Lukhanyo Am. He made one fine break albeit losing possession and a couple of finger-tip knocks-on but generally good. Rating: 7

11 Duhan van der Merwe

A couple of snapshots of his power in the tackle but like Watson was never given the type of ball where he could impose his strength. He didn’t have many questions to answer in defence because Cheslin Kolbe got very little ball. Rating: 6

10 Dan Biggar

The Welsh outhalf kicked 14 points from the tee and in a general sense, one pulled place-kick aside, his kicking game was reasonably well directed. He didn’t really bring his backline into play at any stage, suffocated by the Boks’ defensive press but overall the ledger was appreciably positive. Rating: 7


The British & Irish Lions

Full coverage of all the action in South Africa READ MORE

9 Ali Price

He looked a little overwhelmed by the pace and physicality in the first 20 minutes but he gradually settled to the task. It was his excellent box-kicking after the restart that yielded opportunities for the Lions to regain possession and wrest control. Rating: 7

1 Rory Sutherland

A late call-up to the starting team due to Wyn Jones’s unavailability he was pinged twice at the scrum and the fact that his replacement Mako Vunipola made an appreciable difference when introduced could see him struggle to be in the matchday 23 next Saturday. Rating: 5

2 Luke Cowan-Dickie

Two errant lineouts, one overthrown the other crooked, were the only real blemishes on his try-scoring performance that was accompanied by a high work-rate on both sides of the ball. Rating: 6

Tadhg Furlong appeals to referee Nic Berry during the first Test. Photograph: David Rogers/Getty Images
Tadhg Furlong appeals to referee Nic Berry during the first Test. Photograph: David Rogers/Getty Images

3 Tadhg Furlong

Loves a good celebration from the lineout maul tries, he won an important scrum penalty and was an important buffer in that set-piece when the Boks chased dominance there. He carried and tackled with typical application in a robust performance over the 67 minutes. Rating: 7

4 Maro Itoje

Deserved man-of-the-match, three turnovers in the first half alone including one within a few metres of the Lions’ line that saved a try. Immense in every facet of the game, he led by example especially in defence; intelligent and unrelenting. Rating: 9

5 Alun Wyn Jones (capt)

He was very quiet in the first half but considering the injury from which he has recovered that was to be expected. He was a key figure in the Lions’ second-half revival that included work-rate and decision-making. Rating: 7

6 Courtney Lawes

A huge performance in all aspects of the game, out of touch, carrying, making an eye-catching break that took him through three attempted tackles as a pre-cursor to one of his side’s better attacking moments. Tackled with authority. Rating: 8

7 Tom Curry

There could be no faulting his desire and work ethic but in conceding three penalties he demonstrated an impetuous streak that proved a bit of a handicap to his team in that opening half. His place will be under threat. Rating: 5

8 Jack Conan

He provided illustrations of the many qualities that he brings to a team, making one of two line breaks, defending and tackling with intelligence and carried the ball more than any other Lions player. Rating: 7

Replacements

In a collective sense they, to a man, added energy and momentum at a crucial stage. Mako Vunipola and Kyle Sinckler gave their team a rock solid scrum, forcing a penalty there to boot. Hamish Watson was lucky to avoid a card for a dangerous tackle. Conor Murray and Owen Farrell brought control and maturity for the most part. Rating: 8

Coach

Warren Gatland deserves great credit for the team selection initially as most of the big calls that he made work out superbly. His half-time recalibration of tactics and focus worked a treat as did the timing of the replacements. He’s never been afraid to change things up and that may be reflected in a couple of changes for the second Test one of which could see Bundee Aki drafted in at 12 with Henshaw moving to 13. Rating: 8

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Norfolk’s Hemsby tops the list of villages with the biggest house prices

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Seaside sun… rises! Norfolk’s Hemsby leads villages with the biggest property value boom as buyers search for coastal countryside views

  • Norfolk’s Hemsby tops the list of villages with the biggest house price increases
  • The average value of a home in Hemsby is up 22% during the past year
  • Three of the top five villages with the biggest price increases are in Norfolk

Britain’s village hotspots for homebuyers have been revealed and dominating the list are seaside locations.

The pandemic has seen a ‘race for space’ with people living in cities moving to rural and coastal areas due to more flexible working practices.

They are shunning busy city landscapes for open green spaces in the countryside and easy access to expansive sea views.

Britain's village hotspots for homebuyers have been revealed by property website Rightmove

Britain’s village hotspots for homebuyers have been revealed by property website Rightmove

This four-bedroom house in Hemsby is on the market for £300,000 via Bycroft estate agents

This four-bedroom house in Hemsby is on the market for £300,000 via Bycroft estate agents

Hemsby, just north of Great Yarmouth, tops the rankings produced by Rightmove, having seen the biggest rise in average house prices during the past year.

The typical value of a home in the Norfolk village has increased 22 per cent in the 12 months from June last year, from £221,533 to £270,144.

Three of the top five villages with the biggest house prices increases were in Norfolk, with Heacham and Caister-On-Sea also making the list.

Heacham saw asking prices increase by 20 per cent in June 2021 compared to the same period last year, while asking prices in Caister-On-Sea rose by 12 per cent.

Caister-On-Sea also saw one of the biggest rises in demand for villages, with buyer demand up 46 per cent in June 2021 compared to June 2020. Average asking prices in Caister-On-Sea are £240,909.

David Lowes, of estate agents Mr & Mrs Clark in Norfolk, said: ‘With a general “escape to the country” desire prevalent for many, the rural county of Norfolk is in high demand.

‘With its 90 odd miles of varied coastline, the added possibility of a “next-to-the-sea” lifestyle, and the simple pleasure of a stunning sunrise or sunset means the coastal villages are of particular attraction.’

Heacham saw asking prices increase by 20 per cent in the year to June 2021, says Rightmove

Heacham saw asking prices increase by 20 per cent in the year to June 2021, says Rightmove 

This four-bedroom house in Heacham is for sale for £475,000 via Sowerbys estate agents

This four-bedroom house in Heacham is for sale for £475,000 via Sowerbys estate agents

He added: ‘Hemsby and Caister in the east and Heacham in the west of the county offer some of the more affordable options thus driving strong percentage price growth. 

‘Each of these villages are close to larger towns too which helps with the transition to the countryside in terms of availability of amenities and activities.’

Rightmove defined demand as the number of enquiries it had via emails and calls to agents via its website. 

Average prices percentage increases in these villages appear to be around three times as much elsewhere. But this may be affected by villages having lower stock and fewer transactions. 

The average price of a home in Britain increased 6 per cent during the past year to June, from £317,058 to £336,073, according to Rightmove.

This four-bedroom house in Caister-on-sea is for sale for £400,000 via Bycroft estate agents

This four-bedroom house in Caister-on-sea is for sale for £400,000 via Bycroft estate agents

Rightmove revealed that six out of the top 10 villages with the biggest annual price growth in June are near the sea. House price growth in all of these villages rose at a higher rate than the national average.

Rightmove’s Tim Bannister said: ‘During the past year, we’ve spoken a lot about the changes we’re seeing in where people are choosing to live, and this data shows continued demand from buyers looking for villages and rural locations outside of traditional major cities.

‘While we have seen signs that cities are starting to make a steady comeback, particularly in the rental market, price growth across all areas of Britain continues to be strong.

‘With the summer weather finally here, we’re seeing an added drive from buyers looking for that perfect village location by the sea, which is supporting price growth in these areas.’

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