Ingram Avenue comes in second place, for the third year in a row, with an average value of £6,419,400. This street has risen in value from last year, when the average property was worth £6,085,800.
In third place this year is last year’s number 1, Chester Square, with an average value of £6,312,400. The average value of this street has fallen from last year, when the figure was £6,596,000.
Chester Square has experienced two sales in the last year of £3.5 and £3.8million, lower than the extremely high sale prices seen in previous years, such as the £7million sale towards the end of 2009. In 2008, there were four mega-sales, where properties sold for between £12.2 and £19.7million.
Of the top 20 streets, 14 are located in The Royal Borough of Kensington and Chelsea.
This is even more than in last year’s report, when there were 12.
This highlights Kensington and Chelsea’s great popularity among the rich.
Barnet is the borough that holds the second highest number of streets, with four entries on the top 20 list.
Neither Haringey nor Camden appear in the rankings, despite being listed last year.
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