Kensington Street tops most expensive homes list in London
By ANIMonday, February 28, 2011
LONDON - Victoria Road in London’s Kensington district has been rated as the most expensive for property in England and Wales by website Mouseprice.com.
The average property on the street, where poets TS Eliot and Robert Browning once lived in the neighbourhood, had an estimated value of 6.4 million pounds.
The poll found that London dominates the expensive property league, the BBC reports.
Victoria Road has climbed from 10th place in the ranking a year ago to the top of the list. The street runs down from Kensington Gardens, with major attractions such as the Royal Albert Hall and the National History Museum in the neighbourhood.
It has taken over the top spot from Chester Square, which headed the list for two years, the report said.
The square, in London’s Belgravia, which is home to former Prime Minister Margaret Thatcher, has dropped to the third position behind Ingram Avenue in Hampstead, north London.
Wales was bottom of the list with an average value of 648,410 pounds in the 10 most expensive streets list.
The survey was based on Land Registry sale price statistics and updated with valuation data gathered from surveyors, the report added. (ANI)