All posts tagged: kensington palace gardens

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The £1bn Street Paved with Gold

Kensington Palace Gardens in west London is UK’s most expensive street where every property is worth an average £42.6m over 150 times the national average value according to a new report by Zoopla, the property website. The 29 mansions on the gated street —which boasts residents including steel magnate Lakshmi Mittal, Russian Oligarch and Britain’s richest man Len Blavatnik together with compatriot Chelsea Football Club owner Roman Abramovich — is worth a combined £1.24bn. The Boltons in SW10, where a nine-bedroom detached house sold for £51m in April, takes second place, with average property values standing at £30.3m. Grosvenor Crescent in the exclusive suburb of SW1 rounds out the top three, with an average property price of £22.8m. The top-performing postcode is Kensington’s W8, boasting average property prices of £2.77m. Neighbouring SW7 (Knightsbridge), the next most expensive area in the capital, has average values of £2.43m, while property values in third-placed SW3 (Chelsea) stand at £2.24m. Rich residents: Lakshmi and Usha Mittal; Dasha Zhukova and Roman Abramovich; Len Blavatnik and his wife have boosted the fortunes …