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New research by Bank of Scotland and Lloyds Bank has revealed where the most expensive streets in Britain are currently located.
In Scotland, the most expensive street is to be found in St Andrews. Golf Place has an average house price of £2,179,000. The street is located near the 18th hole of the world famous Old Course and has magnificent views of the Royal & Ancient Golf Club and West Sands beach. It is also within walking distance of most of the major attractions in St Andrews.
According to Bank of Scotland, half of the 20 most expensive streets in Scotland are to be found in Edinburgh. Four are located in Aberdeen, and Glasgow accounts for five.
Across Scotland as a whole, there are apparently 93 streets with an average price tag of over £750,000.
Edinburgh’s most expensive residential street is still Ettrick Road, with an average house price of £1,899,000. Ettrick Road also retains its place as second most expensive street in Scotland.
Glasgow’s most pricey street is Capelrig Lane, where a property costs £1,550,000 on average. The street apparently is made up of only seven individually designed residences with great links to a host of private sporting clubs such as Mearns Castle Golf Academy and Whitecraigs Tennis Club.
Deeview Road South is Aberdeen’s most expensive street, with an average house price of £1,232,000. Rubislaw Den South is the second most expensive street in Aberdeen at £1,224,000, with Friarsfield Way coming in third (£1,132,000).
St. Andrew’s is now the only location outside of the top three cities of Edinburgh, Glasgow and Aberdeen that appears in the top 20. Milltimber, six miles west of Aberdeen and close to top performing Cults Academy is the next location outside of the top three cities at number 25 in the list costing an average of £964,000.
Grange Road, next door to Earlsferry Links golf club in Elie, Fife is next on the list (46th) outside of the top three cities, costing an average of £878,000.
The city of Dundee doesn’t make an appearance until much later in the list. The first street in the city, and the only entry for Dundee in this year’s research, is Braeside, which is the 185th most expensive street in Scotland at £631,000.
It will be no surprise to hear that the most expensive streets in England and Wales are to be found in London.
According to Lloyds Bank, Grosvenor Crescent, located in the heart of Belgravia between Hyde Park Corner and Belgravia Square, is the most expensive residential street in England and Wales, with an average house price of £16,918,000. Belgravia is a highly sought after area for wealthy house hunters, and three of the top five most expensive streets are to be found in this area.
The second most expensive street is Ilchester Place in Holland Park, with an average house price of £16,700,000. Eaton Square, which was the most expensive last year, is now third with an average price of £13,585,000 (down from £17m last year).
Seven of the top 20 most expensive streets in England and Wales are based in Surrey. Weybridge is home to three – East Road (£5,053,000), West Road (£4,578,000) and Cavendish Road (£3,881,000). Leatherhead has two – Queens Drive (£4,222,000) and Leys Road (£3,749,000), with the remaining two in Gorse Hill Road, Virginia Water (£3,727,000) and Icklingham Road, Cobham (£3,559,000).
The research found that there is at least one ‘million pound street’ in every region of England and Wales – 73 in total.
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