A new list of the most expensive postcodes to live in Britain came out today and it’s really quite surprising “how the other half lives” – especially in London.
Compiled by the boffins at Zoopla, the number of home owners in the UK who are technically ‘property millionaires’ now stands at a whopping 484,081. That’s almost 50% higher than last year!
London features the most with 12 streets with average prices over £10 million ($17 million). A typical house on Kensington Palace Gardens, the most expensive street on the list, is now worth around £42,730,706 ($70 million) That’s 162 times the value of the average British house of £263,705 ($350,000)
Yes, the average British home is $350,000. It’s going to take me YEARS to have enough money for my castle. Bah humbug!
Lawrence Hall of Zoopla says, “London boasts all of Britain’s 20 priciest addresses. Prime properties in the capital have long been a magnet for the super wealthy looking for a safe investment asset. For the lucky few who can afford these stratospheric price tags, the fabulous mansions on streets like Kensington Palace Gardens and the Boltons are offering very strong returns.”
Here is a gallery of some of the most amazing properties and streets on the list. First the area, then the picture of a property on that street to show the house value. Blimey!