14,000 UK streets of £1million homes

♦ There are now more than 14,000 streets in the UK with average house prices of more than £1million – though the most expensive properties have lost £2.5 million of value in a year.

The number has risen to 14,417 from 12,418 in 2016, research from online estate agent Zoopla found. It said Britain’s most expensive street was Kensington Palace Gardens in London’s W8 postcode area, where the average property price is £35,696,711.

Of the 14,417 total £1million streets in Britain, 5,899 are in Greater London, 109 are in Scotland and 11 are in Wales.