London’s Most Expensive Street

June 21, 2023
Londons Most Expensive Street

Nestled in the heart of Kensington, West London, Phillimore Gardens (postcode W8) boasts the title of the most expensive street in England as of 2022, according to lender Halifax. This prestigious street offers a blend of historical elegance and modern luxury, with an average house price of £23.8 million. It encapsulates the epitome of upscale London living, making it a prime location for affluent buyers and celebrities alike. Whether you’re dreaming of owning a piece of London’s elite real estate or simply curious about the city’s high-end property market, Phillimore Gardens stands as a testament to luxury and exclusivity.

Phillimore Gardens earned its title as the priciest street in England in 2022, with an astonishing average house price of £23.8 million. Notably, a property at 15 Phillimore Gardens sold for £37.5 million in May, while a seven-bedroom house at number 25 fetched £29.75 million in September. This 7,749-square-foot home, with its classic style and modern updates, highlights the luxurious offerings of the street.

Running north to south from Duchess of Bedford’s Walk to Kensington High Street, Phillimore Gardens is characterized by its white stucco-fronted, three and four-storey period homes. The western side of the street backs onto Holland Park, a 54-acre green space featuring play areas, tennis courts, and a Japanese Kyoto garden. The street’s proximity to the Design Museum and the boutique shops and cafes of Kensington High Street enhances its appeal. Moreover, Kensington Gardens is just a 15-minute walk away.

The Phillimore Estate, developed on land acquired by the Phillimore family in the early 18th century, still retains much of its original ownership. Celebrities like the Beckhams, Simon Cowell, and Robbie Williams have owned homes here, adding to the street’s allure.

Historically, Phillimore Gardens has been home to notable residents. No. 34 housed Sir William Dunn, a prominent banker and philanthropist, while No. 36, the street’s most expensive house, was built for Lady George Paulet. No. 44 was the residence of James Manning, a barrister and writer, and his wife Charlotte, who founded the Kensington Society in 1865. Admiral Sir William Hutcheon Hall also lived and died on this street.

While the average house price on Phillimore Gardens was £23.8 million in 2022, this figure represented a £1.4 million decrease from the previous year. In 2021, the street’s average price was surpassed by Tite Street in Chelsea, which commanded an average of £29.9 million. Nevertheless, Phillimore Gardens remains significantly more expensive than the UK average house price, which hit a record high of £296,400 in October.

In 2022, all ten of the UK’s most expensive streets were located in London. Following Phillimore Gardens were Grosvenor Square in Mayfair (£23.5 million) and Ilchester Place in Holland Park (£17.7 million). Other notable mentions include Grosvenor Crescent, Clarendon Road, Ashburton Place, Lansdowne Road, The Vale, Knightsbridge, and Chelsea Square.

For those interested in owning a property on this illustrious street, a detached ten-bedroom house with a lift and garage is currently available for £29.95 million. Explore this property to see if Phillimore Gardens could be your next luxurious home.

Whether or not Phillimore Gardens is within your budget, its charm and grandeur make it a fascinating part of London’s real estate landscape. If you’re looking to secure a piece of London for yourself, don’t hesitate to get in touch for more information.

Leave a Comment