Macclesfield Road second most expensive in the North

maccrd

According to the latest research from Lloyds the ten most expensive streets in the north west are all in areas south of Manchester.

The study, which was based on Land Registry figures for house sales between January 2010 and October 2015, found that the most expensive street outside southern England was Castle Hill in Prestbury with an average property value of £1,662,000.

Followed by Macclesfield Road in Alderley Edge (£1,499,000), Torkington Road in Wilmslow (£1,330,000) and Goughs Lane in Knutsford (£1,299,000).

The next most expensive in the north west were East Downs Road in Bowdon (£1,133,000), Woodbrook Road (£1,127,000) and Collar House Drive in Prestbury (£1,013,000).

Around the corner from Kensington Palace, Victoria Road in the heart of Kensington is England's most expensive residential street. Filled with beautiful period properties, Victoria Road has an average house price of £8,006,000.

Such is the pull of living in Kensington and Chelsea that 12 streets in the Royal Borough are in the list of the 20 most expensive in the country. These include Egerton Crescent with an average price of £7,550,000, followed by Manresa Road (£7,359,000), De Vere Gardens (£6,606,000), Drayton Gardens (£5,954,000) and Chelsea Manor Road (£5,523,000).

Outside the capital, most of the desirable addresses are in the South East. Leys Road in Leatherhead is the most expensive with an average property price £3,677,000 followed by Icklingham Road in Cobham in Surrey with an average property price of £3,094,000. The next most expensive in the region is Moles Hill in Leatherhead (£3,085,000), Harebell Hill in Cobham (£3,041,000), Abbots Drive in Virginia Water (£2,937,000), Fishery Road in Maidenhead (£2,821,000) and Wildernesse Avenue in Sevenoaks (£2,167,000).

All top 50 of the most expensive residential streets in England and Wales are located in southern England – with over half in London (28) and a further 19 in the south east.

Andrew Mason, Mortgages Director at Lloyds Bank, comments "The largest concentration of England's most expensive streets is in Kensington and Chelsea. This part of London has always had a glamorous reputation, attracting overseas buyers as well as those from the worlds of business and entertainment. The area clearly has its attractions with excellent schools, designer shops, close proximity to the capital's business district and properties with the highest specifications. Other areas in the capital have similar qualities but property prices in Kensington and Chelsea tend to outperform the rest of London.

"Outside London, the areas with the most expensive streets are generally located away from central areas, where buyers are typically attracted by larger properties and more green space. These areas can be as diverse as Surrey, Cheshire, the 'Golden Triangle' in Yorkshire and Poole on the south coast."

Tags:
Macclesfield Road, Woodbrook Road
Advertisement
Advertisement
Advertisement
Advertisement

Comments

Here's what readers have had to say so far. Why not add your thoughts below.

Andrew Muncaster
Tuesday 15th December 2015 at 8:19 pm
.The phrase 'how the other half live' or rather what they live in, comes to mind. I seem to have lived cheek by jowl during my 67 years, by sheer coincidence, with successful, wealthy folk.... At ten years old 2 miles from St George's Hill, Weybridge, six years too early to find John Lennon's home.
In those days although gated, the estate had one of the two gates across the entrance open. Today l find myself in Macclesfield, a few miles from musicians and footballers in Prestbury.
But l know my place, nice to have successful neighbours though.
Duncan Herald
Thursday 17th December 2015 at 8:17 am
Hi Andrew,
I enjoyed your comment.

My only regret is that my hair-line has now retreated so far that i can no longer muster a decent forelock to tug.