Pwllheli street named among UK’s most expensive to buy on

An annual list of the most expensive streets to buy on in the UK, compiled using postcodes supplied by Royal Mail in conjunction with Land Registry, has been released by Lloyds Bank.

The top 10 most expensive streets in the UK are all based in London.

Knightsbridge was found to be the most expensive with an average house price of a whopping £21.4 million.

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Amanda Bryden, head of mortgages, Lloyds said: “London’s dominance in the list of priciest streets underscores the city’s continued appeal and the resulting competitiveness at the very top end of the property market.

“However, at £21.4 million to buy a home, even those with the deepest pockets might baulk at the price.

“The cost of securing a prestigious address does vary across the country.

“For instance, living on the most expensive street in Wales means paying around £1.3 million, although still a significant amount.”

The top 10 most expensive streets in the UK

1. Knightsbridge, London – £21,409,000 (average house price)
2. Ilchester Place, London – £19,387,000
3. Grosvenor Square, London – £19,061,000
4. Clarendon Road, London – £17,030,000
5. Ashburton Place, London – £15,351,000
6. Avenue Road, London – £15,167,000
7. Phillimore Gardens, London – £14,958,000
8. Chelsea Square, London – £14,666,000
9. Grosvenor Crescent, London – £13,942,000
10. The Little Boltons, London – £13,696,000

Most expensive streets in the UK (outside of London)

Outside of London, the most expensive streets in the UK, according to Lloyds Bank, are:

• South West England and Gibraltar – Brudenell Avenue, Poole (£3.06 million)
• South East England – East Road, Weybridge (£8m)
• East of England – Park Avenue North, Harpenden (£3.59m)
• East Midlands – Croft Road, Nottingham (£1.62m)
• West Midlands – Bakers Lane, Solihull (£1.95m)
• Wales – Benar Headland, Pwllheli (£1.34m)
• North West England – Barrow Lane, Altrincham (£2.91m)
• Yorkshire and the Humber – Manor House Lane, Leeds (£2.14m)
• North East England – Ramside Park, Durham (£1.54m)
• Scotland – Queens Crescent, Auchterarder (£2.93m)

The North Wales street among the UK’s most expensive

Benar Headland in Abersoch, Pwllheli was revealed as the most expensive street in Wales, and among the most expensive in the UK, with an average house price of £1.34 million.

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The area has been described as a “premium” location for property by local estate agents.

While it is the most expensive in Wales, it is towards the bottom end of the UK-wide list.

Twyncyn in Dinas Powys (£1,18m) and Llandennis Avenue in Cardiff (£1,13m) were the second and third most expensive streets in Wales, respectively, behind Benar Headland.