It’ll set you back £21.4million to live in the UK’s most expensive street: How Knightsbridge beats postcodes in other affluent areas

With a string of high-end boutiques and luxury hotels, visitors are often spotted wandering down London’s Knightsbridge in awe.

Now the thoroughfare has been named the UK’s most expensive street, setting back buyers a staggering £21.4 million to live there.

The road in the heart of the capital tops the list compiled by lender Lloyds, which analysed average prices between 2019 and 2024.

Next on the list is Ilchester Place, two miles away in the Holland Park area of Kensington, where the average property will set buyers back just under £19.4 million.

Grosvenor Square – in the heart of Mayfair – sits in third place despite topping the list last year. A home there has an average price tag of just over £19 million. In fact, London contains all 20 of the priciest postcodes, with no streets from other regions making the list.

The south-east has the costliest street outside the capital, with homes on East Road, Weybridge, Surrey, fetching £8 million.

Amanda Bryden, head of mortgages at Lloyds, said London’s dominance shows its continued appeal, meaning more competition at the top of the property market.

‘The cost of securing a prestigious address does vary across the country,’ she said. ‘Living on the most expensive street in Wales means paying around £1.3 million, although still a significant amount.’

Knightsbridge in west London has topped a list of the nation’s most expensive streets, with the average property costing a staggering £21.4 million

Barrow Lane in Altrincham, Greater Manchester came in as the North West’s priciest street with an average home worth £2.9 million

Brudenel Avenue in Poole, Dorset  has an average price tag topping £3 million – making it the most expensive street in the South West

East of England’s most expensive street was Park Avenue North in Harpenden, with the average home fetching £3.6 million

The findings show a stark contrast between the capital, home to the every one of the top 20 most affluent addresses, and the rest of the country

Benar Headland, in the market town of Pwllheli, north-west Wales, retains its spot as the priciest postcode in Wales but comes in at the bottom of the regional list.

Wealthy buyers after an exclusive street in the east of England would need just under £3.6 million for a home on Park Avenue North in Harpenden, Hertfordshire. 

And a home on the south-west’s most expensive street – Brudenell Avenue in Poole, Dorset – has an average price tag topping £3 million.

Expensive streets in the North are cheaper than in the South. A property on Barrow Lane in Altrincham, Greater Manchester, will set buyers back £2.9 million – clinching the North West top spot – while Ramside park in Durham retains the top spot for the North East with a £1.5 million figure.

And at more than £2.9 million, Queens Crescent in Auchterarder is Scotland’s priciest postcode.