West London's Egerton Crescent revealed as UK's most expensive street - with terraced houses sharing a communal garden costing over £8 million

A house on the street costs over 32.5 times the average UK house price

Egerton Crescent in South Kensington has been revealed as the UK’s most expensive street – with average house prices over 32.5 times the typical UK house price.

A house on the street, which is in the Royal Borough of Kensington and Chelsea, would set you back around £8 million according to research by Lloyds TSB.

One four-bedroom family home there recently sold for £12million - 74 times the price of the average £160,879 home in the UK.

Decent-sized gardens are a luxury Egerton Crescent home-owners can’t enjoy though, with residents sharing a communal garden.

The prices on the road have rocketed over the past decade. According to the Daily Mail, one five-bedroom house sold for just £430,000 in 1998, before making £5,130,000 in 2006 and £10,500,000 in 2011.

The West London borough is also home to the next four most expensive streets in England and Wales.

Outside London, Macclesfield’s Withinlee Road, which boasts Wayne Rooney among residents and has been dubbed Footballers' Alley, is no longer the North’s most expensive street.

That title now goes to Park Lane in Altrincham, where the average house costs £2.1 million.

Lloyds TSB’s research is based on sales between 2007 and September 2012.

Here are the 10 most expensive streets in England and Wales, with their postcode and average house price according to Lloyds TSB:

1. Egerton Crescent, Kensington and Chelsea, London, SW3, £8.1 million

2. Parkside, Merton, London, SW19, £5.2 million

3. Campden Hill Square, Kensington and Chelsea, London, W8, £4.9 million

4. Blenheim Crescent, Kensington and Chelsea, London, W11, £4.7 million

5. Lansdowne Road, Kensington and Chelsea, London, W11, £4.7 million

6. Home Park Road, Merton, London, SW19, £4.7 million

7. Drayton Gardens, Kensington and Chelsea, London, SW10, £4.4 million

8. Eaton Square, Westminster, London, SW1, £4.4 million

9. Lancaster Gate, Westminster, London, W2, £4.4 million

10. Duchess of Bedford's Walk, Kensington and Chelsea, London, W8, £4.2 million

Start your day with The Independent, sign up for daily news emails
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
SPONSORED FEATURES
Independent Dating
and  

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

iJobs Job Widget
iJobs General

Recruitment Genius: Project and Quality Manager

£28000 - £32000 per annum: Recruitment Genius: This company is an independent ...

Recruitment Genius: Trainee Sales Executive - OTE £20,625

£14625 - £20625 per annum: Recruitment Genius: This role is for an enthusiasti...

Guru Careers: Financial Controller

£45 - £55k DOE: Guru Careers: A Financial Controller is required to join a suc...

Recruitment Genius: Fertility Nurse

Negotiable: Recruitment Genius: This is an exciting opportunity to join the ho...

Day In a Page

Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkish President Erdogan could benefit politically from the targeting of the PKK, says Patrick Cockburn
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn or a return to a Labour government

Our choice is years of Tory rule under Corbyn or a return to a Labour government

Yvette Cooper urged Labour members to 'get serious' about the next general election rather than become 'a protest movement'
Singapore's domestic workers routinely exploited and often abused in the service of rich nationals

Singapore's hidden secret of domestic worker abuse

David Cameron was shown the country's shiniest veneer on his tour. What he didn't see was the army of foreign women who are routinely exploited and often abused in the service of rich nationals
Showdown by Shirley Jackson: A previously unpublished short story from the queen of American Gothic

Showdown, by Shirley Jackson

A previously unpublished short story from the queen of American Gothic
10 best DSLRs

Be sharp! 10 best DSLRs

Up your photography game with a versatile, powerful machine
Solved after 200 years: the mysterious deaths of 3,000 soldiers from Napoleon's army

Solved after 200 years

The mysterious deaths of 3,000 soldiers from Napoleon's army
Every regional power has betrayed the Kurds so Turkish bombing is no surprise

Robert Fisk on the Turkey conflict

Every regional power has betrayed the Kurds so Turkish bombing is no surprise
Investigation into wreck of unidentified submarine found off the coast of Sweden

Sunken sub

Investigation underway into wreck of an unidentified submarine found off the coast of Sweden
Instagram and Facebook have 'totally changed' the way people buy clothes

Age of the selfie

Instagram and Facebook have 'totally changed' the way people buy clothes
Not so square: How BBC's Bloomsbury saga is sexing up the period drama

Not so square

How Virginia Woolf saga is sexing up the BBC period drama
Rio Olympics 2016: The seven teenagers still carrying a torch for our Games hopes

Still carrying the torch

The seven teenagers given our Olympic hopes
The West likes to think that 'civilisation' will defeat Isis, but history suggests otherwise

The West likes to think that 'civilisation' will defeat Isis...

...but history suggests otherwise
The bald truth: How one author's thinning hair made him a Wayne Rooney sympathiser

The bald truth

How thinning hair made me a Wayne Rooney sympathiser
Froome wins second Tour de France after triumphant ride into Paris with Team Sky

Tour de France 2015

Froome rides into Paris to win historic second Tour
Fifteen years ago, Concorde crashed, and a dream died. Today, the desire to travel faster than the speed of sound is growing once again

A new beginning for supersonic flight?

Concorde's successors are in the works 15 years on from the Paris crash