The advantage of being in London is that you stop thinking about New York as an expensive city. If you are considering relocating here, you might need to know a little bit about the London “unreal estate.”
The other day, I was reading in The Times about The 20 Most Expensive Street in England and Wales. To give you a taste of the pricing in London, here is the Top 10:
- Courtenay Avenue, N6: average property value – £6,803,900 (to get the figures in $, just double it)
- Chelsea Square, SW3: average property value – £6,440,600
- Manresa Road, SW3: average property value – £6,193,300
- Ilchester Place, W14: average property value – £5,840,200
- Gilston Road, SW10: average property value – £5,584,100
- Carlyle Square, SW3 : average property value – £5,581,300
- Eldon Road, W8: average property value – £5,512,000
- The Vale, SW3: average property value – £5,439,400
- Carlton Gardens SW1Y: average property value – £5,285,300
- Albert Place W8: average property value – £5,255,500
London and the South East account for the majority of streets with the highest property values across England and Wales; top prices in these two regions are more than double the value of the most expensive streets in some other regions. Wales has the region’s lowest average prices; with the top street reaching £897,400, it is the only region whose top street does not break the million pound mark.
If you don’t have $20M to throw around, don’t worry. You won’t be excluded from the pricing madness here. Even hostels are expensive in London.