London's Kensington Streets 'Most Expensive In England & Wales'

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The streets in London's Kensington and Chelsea district have the most expensive properties in England and Wales, research has shown.

Wycombe Square is the most expensive place to live in England and Wales with average home prices in the area listed at GBP 5.4 million, UK media reports said citing research from Lloyds Banking Group Plc's Halifax division. All of the top ten most expensive streets are in London, with seven in Kensington and Chelsea.

"Kensington and Chelsea has long had a global appeal, but the fall in the value of sterling has helped attract foreign buyers over the past year, despite the worldwide recession," said Nitish Patel, housing economist at Halifax.

Outside Southern England, the most expensive street is Withinlee Road in Macclesfield, Cheshire, with a typical home there carrying a price tag of GBP 1.2 million. The next two most expensive streets in the north are in Altrincham, Greater Manchester.

The streets in London's Kensington and Chelsea district have the most expensive properties in England and Wales, research has shown. (Market News Provided by RTTNews)