Kensington and Chelsea, the fashionable west London district, has been pipped as the most expensive address in Britain by a street in North London's Highgate.
One of the largest houses in London after Buckingham Palace, on West Hill in Highgate Courtenay Avenue, near the parkland of Hampstead Heath, is the UK's new priciest place to live, with average property values of £6.8m, according to Mouseprice, the property website.
Chelsea Square, home of Formula One magnate Bernie Ecclestone, ranked second on the grid, with an average house price of £6.44m.
Famed for its cemetery, Highgate was home to political thinker Karl Marx, the author George Eliot and more recently, murdered ex-KGB officer Alexander Litvinenko. Current dwellers include the pop singer George Michael, who owns an £8m-pound property there.
The highest property prices can be found in Courtenay Avenue in Highgate (postcode N6) where the average is more than 6.8 million pounds, according to the third annual survey by property Web site Mouseprice.net.
Other streets in the same area -- five avenues between the Hampstead and Highgate golf courses -- make up the first cluster of property hotspots.
Ingram Avenue ranks number 11, with an average property price of 5.16 million pounds, and Winnington Road comes in 17th place, with an average price-tag of 4.73 million pounds.
The Bishops Avenue and Compton Avenue, both in the same area, narrowly fail to make the top 20.
Read more at The Telegraph
Friday, 22 February 2008
Highgate trumps Chelsea as priciest postcode
