10 London streets with the most elite real estate

Dec. 23, 2014

10 London streets with the most elite real estate

London still remains the city No 1 in Europe, where the majority of exclusive properties are concentrated. The new elite Top 10 gathered the most expensive streets in the UK capital over the past 5 years.

 

The most expensive place with the elite real estate is Grosvenor Crescent – street, built by John Nash in the heart of London (now the borough of Westminster) in the Regency era in the first third of the 19th century. Five streets from the Top 10 are located on Belgravia and Knightsbridge – a favorite place of millionaires and billionaires from around the world, according to The Guardian, citing a study of Lloyds bank. And if we talk about the districts, all 10 elite real estates are located in the borough of Westminster and Kensington or Chelsea.

Property prices in London increased rapidly in 2014. For example, housing in Westminster raised in price by 18%. That is where Grosvenor Crescent, Eaton Square, Trevor Square, Montpellier Street and Chester Street from Top 10 are located. According to Lloyds, in the UK capital for the first time appeared three streets, where the average housing cost exceeds £10 million.

Lloyds Bank study is based on data from the Land Registry and purchases made in 2009-2014. Were covered districts and regions, where at least 7 real estate transactions were made during this period.

 

The most expensive streets of London, location, average property price:

1. Grosvenor Crescent, Belgravia, £16,918,000

10 London streets with the most elite real estate | Photo 1 | ee24

 

2. Eaton Square, Belgravia, £15,520,000

10 London streets with the most elite real estate | Photo 2 | ee24

 

3. Trevor Square, Knightsbridge, £10,150,000

10 London streets with the most elite real estate | Photo 3 | ee24

 

4. Cadogan Square, Chelsea, £8,592,000

10 London streets with the most elite real estate | Photo 4 | ee24

 

5. Montpelier Street, Knightsbridge, £8,483,000

10 London streets with the most elite real estate | Photo 5 | ee24

 

6. Chester Square, Belgravia, £8,282,000

10 London streets with the most elite real estate | Photo 6 | ee24

 

7. Argyll Road, Kensington, £8,000,000

10 London streets with the most elite real estate | Photo 7 | ee24

 

8. Elgin Crescent, Notting Hill, £7,683,000

10 London streets with the most elite real estate | Photo 8 | ee24

 

9. Egerton Crescent, Chelsea, £7,100,000

10 London streets with the most elite real estate | Photo 9 | ee24

 

10. Hillsleigh Road, Kensington, £7,091,000

10 London streets with the most elite real estate | Photo 10 | ee24

Sources of photo: Google Maps, wikipedia.org, panoramio.com

 

Read also:

Top 10: Britain's most expensive streets in 2014

New luxury ranking. The top 10 most expensive houses in the world

Top 10 most expensive shopping European streets

Where the billionaires live: the most expensive houses in Europe