LONDON’S most expensive address is Chester Square in Belgravia, winner of the top price prize for the second year in a row.
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To join the street’s select set of property owners that includes former Prime Minister Margaret Thatcher and was once home to Chelsea FC owner Roman Abramovich, you’d need about £6.6M, the average price of a place on Chester Square, as worked out by property researchers mouseprice from government Lang Registry figures.
Despite the recession and associated house market slump, Chester Square has managed to notch a handy £300,000 price rise since early 2009.
“Chester Square has continued to experience extremely high sales prices in the past year,” said a mouseprice spokesperson.
Runner-up spot in the mouseprice survey was Ingram Avenue (average house price £6.09M), which borders Hampstead Golf Club and in third place came Courtenay Avenue (£5.9M) in Highgate.
The results for those two are good news for the mega-rich of north London, but it is still west London where the biggest concentration of gazillionaires bed down. 12 of the top 20 highest price addresses are in Kensington and Chelsea.
“Kensington and Chelsea remains a firm favourite amongst the rich,” said Mouseprice.
