A LEAFY road in Scarcroft has been named as the most expensive street in Yorkshire.
Bracken Park, on the outskirts of Leeds, is home to properties with an average price of £934,000, according to Lloyds TSB.
The street sits in the area that makes up the so-called “Golden Triangle” between Harrogate, York and north Leeds.
But the hefty price tag for a home on Bracken Park pales into insignificance compared with the £4.9m needed to buy a house in Campden Hill Square, close to Kensington Palace in London’s Holland Park. The west London road is the priciest residential street in England and Wales.
Suren Thiru, housing economist at Lloyds TSB, said: “Unsurprisingly, the most expensive residential streets in England and Wales are in London, but Bracken Park in Leeds takes the title in Yorkshire and the Humber.
“The biggest concentration of Yorkshire’s expensive properties is in the “Golden Triangle” between Harrogate, York and north Leeds. The survey shows that the most expensive streets continue to be tightly clustered in relatively small areas.”
The second most expensive road in the region is Wigton Lane in Leeds, where houses cost an average of £840,000. Orchard Close in York is a close third with an average property price of £800,000.
Unsurprisingly, the priciest streets away from the English capital tend to be in the Home Counties, the study revealed.
Properties in Leys Road in Leatherhead, Surrey, have an average price of £3.1m – the highest outside London. Outside London, the areas with the most expensive streets are generally located away from central areas, Mr Thiru said.
Brundenell Avenue in the glamourous celebrity hangout of Sandbanks in Dorset has an average house price of £2m and is the most expensive street outside London and the South East.
Outside southern England, the most expensive street is Withinlee Road in Prestbury, near Macclesfield, Cheshire – where the average house price stands at £1,649,000.
Withinlee Road, which is favoured by footballers, is followed by Macclesfield Road in Alderley Edge, where houses typically cost £1.3m.
Such is the pull of Kensington and Chelsea in London that seven streets there have made the top 10 priciest list. They include Drayton Gardens with an average price of £4.4m, Dawson Place averaging £3.9m and Duchess of Bedfords Walk with prices typically at £3.9m.
Mr Thiru said: “The largest concentration of expensive properties is in Kensington and Chelsea.
“This part of London has always had a glamorous reputation, attracting buyers from the business and entertainment world, and more recently the super-rich from across the world.
“The area clearly has its attractions with excellent schools, upmarket shops, close proximity to the capital’s business district and impressive properties. Other areas in the capital have similar qualities but property prices in Kensington and Chelsea tend to outperform the rest of London.”