Landlords interest rates rental market

The Highs and Low of the UK’s Property Landscape Unveiled

The UK’s most and least expensive streets over the course of the last 12 months have been unveiled by the Land Registry, with a house on Britain’s most expensive street going for £14.5 million – 51 times the national average.

Egerton Crescent, Kensington, West London has replaced last year’s most expensive street in Mayfair by £200,000, based on the average cost of a house on the street. In fact, eleven of the UK’s most expensive streets are all located within a one-mile radius in West London, including Belgravia, Knightsbridge and Chelsea. While all but one of the top 20 most expensive streets were in west London.

By contrast Durham has the road with the lowest average house price of £20,167. The average cost of a terrace on Barrington Terrace in Ferryhill is 86% lower than the national average British house price of £284,000.

Based on Land Registry statistics the average cost of a neo-classical terrace in Egerton Crescent is the equivalent of 721 properties on Barrington Terrace.

The list of the top 20 most expensive streets saw some movement over the last 12 months with The Bishops Avenue, also known as Billionaire Row in Hampstead, slipping to seventh place. The coveted street boasts residents such as Russian billionaire Roman Abramovich, and had been a previous holder of the title of the UK’s most expensive street.

Source: https://www.gov.uk/government/publications/uk-house-price-index-england-july-2017/uk-house-price-index-england-july-2017

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

STAY AHEAD OF THE MARKET

Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment

FIRST FOR NEWS AND KNOWLEDGE.

Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:

 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

 

+852 6699 9008

Open from 9am-6pm HKT