Rutland home to the most expensive street in East Midlands
Rutland is home to the most expensive street in East Midlands new research out today, Friday, December 11, has shown.
The most expensive street in the region is Lyndon Road in Manton in Rutland with an average house price of £1,363,000.
Lyndon Road is followed by Croft Road (£1,190,000) and Valley Road (£899,000) which are both south of the River Trent in Nottingham.
However Weston Road in Edith Weston also makes the top five streets with an average house value of £839,000.
The research has been carried out by Lloyds Bank.
All Top 50 of the most expensive residential streets in England and Wales are located in southern England – with over half in London (28) and a further 19 in the south east
Andrew Mason, Mortgages Director at Lloyds Bank, said: “The largest concentration of England’s most expensive streets is in Kensington and Chelsea.
“This part of London has always had a glamorous reputation, attracting overseas buyers as well as those from the worlds of business and entertainment.
“The area clearly has its attractions with excellent schools, designer shops, close proximity to the capital’s business district and properties with the highest specifications. Other areas in the capital have similar qualities but property prices in Kensington and Chelsea tend to outperform the rest of London.
“Outside London, the areas with the most expensive streets are generally located away from central areas, where buyers are typically attracted by larger properties and more green space. These areas can be as diverse as Surrey, Cheshire, the ’Golden Triangle’ in Yorkshire and Poole on the south coast.”