Revealed: The region’s most expensive streets
THERE are more than 500 streets in the South West where the average house is valued at £1 million or more, according to new research.
Analysis by the property firm Zoopla has found that compared to one year ago there are nearly 1,800 more streets across the UK where homes on average have a seven-figure price tag.
In September 2021 there were more than 11,600 streets in the UK with an average house price of £1m or more.
The most expensive street in the South West was Old Coastguard Road in the Sandbanks area of Poole, in Dorset, which was found to have an average price of £2.9m.
Six of the top 10 most expensive streets in the South West according to Zoopla were found in Poole, with Martello Road (£2.8m average house price) and The Horseshoe (£2.7m average house price, also in Sandbanks) in the top three.
College Fields in the Clifton area of Bristol (£2.6m average house price) and the Cotswold hamlet of
TOP 10 most expensive streets in the South West (average price)
■ Old Coastguard Road, Poole, Dorset (£2.9m);
■ Martello Road, Poole, Dorset (£2.8m);
■ The Horseshoe, Poole, Dorset (£2.7m);
■ College Fields, Bristol (£2.6m); ■ Middle Duntisbourne, Gloucestershire (£2.58m);
■ ■ ■ ■ ■ ■
London, 4,544
South East England, 4,366 East of England, 1,464 South West England, 512 North West England, 276 West Midlands, 205
Middle Duntisbourne (£2.5m average house price), near Cirencester in Gloucestershire, made up the region’s top five.
Nationally, London was found to
■ Charlton Park Gate, Cheltenham, Gloucestershire (£2.5m);
■ Bury Road, Poole, Dorset (£2.48m);
■ Western Avenue, Poole, Dorset (£2.46m);
■ Durley, Marlborough, Wiltshire (£2.34m);
■ Brundell Avenue, Poole, Dorset (£2.33m).
■ ■ ■ ■ ■
Scotland, 136
East Midlands, 65
Yorkshire and the Humber, 55 North East England, 41
Wales, 9 have the most million-pound streets with almost 4,550. The entire top 10 most expensive streets with a postcode in the country are based in the capital, with Kensington Palace Gardens
(W8) on top with an average price of almost £29.9m.
The South East of England accounted for about half of the increase, with nearly 950 more million-pound streets having been created there over the past year, compared with around 260 in London.
The South West has the fourth highest total on the regional list with 512 – down by 15 from Zoopla’s previous million-pound street study last year. This compared to nine millionpound streets in the whole of Wales.
The end of the Government’s stamp duty holiday on homes over £500,000 on June 30 prompted a rush of buyers snapping up property over the summer.
Many people have also been searching for bigger properties with more space as they make lifestyle changes as a result of the coronavirus pandemic.
Grainne Gilmore, head of research at Zoopla, said: “London comes top when it comes to the UK’s prime markets, but the wider commuter zone in the South East is also home to some of the highest-value addresses, reflecting the size and type of housing stock in these regions.”