Last month new data from Rightmove gave us an up to date ranking of the UK’s most expensive streets. It shows that London still dominates overall. At the same time, it shows huge regional variations in property prices. Let’s have a closer look here, then you can speak to us if you want to arrange solutions like guaranteed rent in Barnet or other parts of the capital.

Where are the most expensive streets?

The headline figure is that all but one of the top twenty priciest streets in the UK are in London. This includes areas in Barnet, Westminster, and Kensington and Chelsea. These are some of the UK’s most expensive prime markets.

Topping the list is Winnington Road in Barnet. The average asking price for a home here is an eye-watering £12,538,095. This is almost £1m more expensive than the second placed street, Chester Square in Westminster. As a result, it’s safe to say it is the most exclusive place to live in the UK.

The lone street in the top twenty from outside London is East Road, Elmbridge, in Surrey. The average asking price for a home in this affluent, leafy, commuter town is £8,795,714.

Regional differences

Many people view London as a completely separate property market to the rest of the UK because it has such a huge difference in prices, supply, and demand levels. The latest data definitely supports this. Talk to us about guaranteed rent in Barnet or other parts of London.

The most expensive street in the whole of Wales is Hollybush Road in Cardiff. It’s prestigious, green, and has great connections. However, with an average price of just £1,237,500, the value pales in comparison to London and other areas in England.

Scotland is even further behind by comparison. The most expensive street here is Drumsheugh Gardens in Edinburgh. It’s a picturesque street with lovely terraces in the West End. Incredibly though, the average price for a home is just £560,000. A home on Winnington Road in Barnet would cost more than 22x that.

Try guaranteed rent in Barnet

London can be a difficult place to invest because of the high property prices. However, the returns can be fantastic thanks to higher rents and demand, especially for areas with great amenities.

If you have assets anywhere in the city and want better protection than you get with traditional private lettings, you can rely on us. We provide guaranteed rent in Barnet and various other areas. It provides consistent income every month, ensuring you don’t need to think about voids, seasonal tenancies, or other issues.

So, get in touch today and learn more.