Homes in Surrey village Virginia Water climb to £1m

Bruce Forsyth's home village has been crowned the most expensive village in Britain

It has long been known as the City stockbroker’s green get away, while its leafy lanes are now increasingly likely to be lined with Russian oligarchs. And now, the Surrey village of Virginia Water has been confirmed as the country’s most expensive with the average cost of a home topping £1 million.

Boasting TV legend Bruce Forsyth as a resident, it was crowned the most expensive village in Britain in a survey yesterday.

But the average house price in Virginia Water - where one street, Portnall Rise, has an average cost of £4.3 million, has also climbed six per cent in the past year to tip the normal house price over the million pound threshold.

Nearby Cobham, where Premier League footballers are a frequent sight in supermarket aisles, is Britain’s second most expensive town with an average value of £842,806. While one in three of Britain's 8,320 millionaire streets are in London, outside the capital the biggest clusters are in Surrey.

Revealing a staggering jump in ‘property millionaires’, housing website Zoopla found there had been a 32 per cent rise in homes valued over a million in the last year – a total of 323,684.

The average property value of £36m in Kensington Palace Gardens in west London meant it was predictably named as the UK’s most expensive neighbourhood.

Houses on the Chelsea street are now on average 1,158 times more expensive than the cheapest road in the country, Merryfield Court, in Skegness.

Lawrence Hall, of Zoopla said: "Even lottery winners can only fantasise about owning a home on streets like Kensington Palace Gardens.

"Property values in these super prime areas are astronomically high and have risen substantially in the past year.

"Only the super wealthy can entertain the notion of living on the most expensive streets and they are paying as much for the address and location as they are for the size and quality of the property."

By comparison, villages in the north have seen a much slower rise in property value. All of Britain's 10 most expensive streets and a third of all homes valued over £1m are in London.

Altrincham has the most expensive streets in the North West - with homes averaging £2.4m in Broadway. Harrogate is the most expensive in North East and Otley in Yorkshire and the Humber.

The findings come just days after the Office of National Statistics revealed rents in London had increased at double the pace of those in the North East, the North West and the East Midlands in recent years.

According to their official reports, private rents have risen in the capital by 11% since 2005 whereas the North East has seen only a 5.2% upturn over the last eight year.  

Start your day with The Independent, sign up for daily news emails
Life and Style
A monstrous idea? Body transplants might no longer be science fiction
Science An Italian neurosurgeon believes so - and it's not quite as implausible as it sounds, says Steve Connor
Sport
Demba Ba (right) celebrates after Besiktas win on penalties
footballThere was no happy return to the Ataturk Stadium, where the Reds famously won Champions League
Arts and Entertainment
Natural beauty: Aidan Turner stars in the new series of Poldark
arts + ents
News
Mia Freedman, editorial director of the Mamamia website, reads out a tweet she was sent.
arts + ents
Have you tried new the Independent Digital Edition apps?
ebooks
ebooksA special investigation by Andy McSmith
News
people
Arts and Entertainment
The write stuff: masters of story-telling James Joyce, left, and Thomas Hardy
arts + ents...begging to differ, John Walsh can't even begin to number the ways
Sport
Jose Mourinho on Sky Sports
footballEXCLUSIVE COLUMN Paul Scholes: It was not a leg-breaking tackle, as the Chelsea manager had claimed
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Bookkeeper

£23000 - £26000 per annum: Recruitment Genius: This small, friendly, proactive...

Recruitment Genius: Photographic Event Crew

£14500 - £22800 per annum: Recruitment Genius: This is a fantastic opportunity...

Recruitment Genius: Software Developers - .NET / ASP.NET / WebAPI / JavaScript

Negotiable: Recruitment Genius: A Software Developer is required to join a lea...

Austen Lloyd: Corporate Tax Solicitor - City

Excellent Salary: Austen Lloyd: A first rate opportunity to join a top ranking...

Day In a Page

HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower