The county road among the UK’s most expensive
CHARNWOOD PROPERTY PRICES MAKE THE TOP FIVE
A Leicestershire road has been revealed as one of the most expensive locations outside of London to buy a home.
Swithland Lane, which runs past the villages of Rothley and Mountsorrel in Charnwood, ranked fourth in a list of streets with the most expensive homes so far in 2024.
The average price of a home there is £2,024,000, according to Rightmove.
The area in the country with the most expensive street in which to buy a house is – no big surprise – London.
Buckingham Gate in Westminster was found by Rightmove to have the highest average price being asked by home-sellers so far this year, at £9,633,333.
After that, the next highest average asking price was found in Vicarage Gate in Holland Park, west London, at £6,332,000. But outside of London, Swithland Lane ranks as the fourth highest most expensive street.
Below is the full list, according to Rightmove:
■ Old Avenue, Weybridge, Surrey: £2,633,333;
■ The Ridgeway, Potters Bar, Herts £2,289,286;
■ Manor Road, Chigwell, Essex £2,219,444;
■ Swithland Lane, Rothley £2,024,000;
■ Norsey Road, Billericay, Essex £1,800,000.
Rightmove’s research was based on streets where there have been at least five properties for sale and rent this year, and so not all streets in the country have been included.
The findings were released as separate research indicated that one in five aspiring first-time buyers do not think they will be in a position to make a purchase until they are at least in their 40s.
Tim Bannister, a property expert at Rightmove, said: “London’s status as the hub of luxury property in the UK remains unchallenged, with Buckingham Gate in Westminster commanding the highest average asking price.
“Although the possibility of buying one of these homes is limited to a very lucky few, there’s clearly a fascination with these prestigious homes as we find they’re often among our most viewed properties on Rightmove.”