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Saturday, December 23, 2017

Fact of the Day

Grosvenor Crescent, located in the heart of London’s Belgravia a short walk from Buckingham Palace, has been named the most expensive residential street in England and Wales, with an average house price of £16,918,000.

Grosvenor Crescent is made up of 28 houses and flats and, as with many parts of the country, the average price tag disguises huge variations. None of its properties are thought to be on the market right now, but one of the street’s most desirable homes, an eight-bedroom, eight-bathroom townhouse, sold for £25m in 2012 and, according to property website Zoopla, is now likely to be worth around £35m.

Another of the street’s properties, an apartment said to be worth just over £18m, has a swimming pool, gym and private courtyard. However, those with less cash at their disposal may be able to pick up a small flat in Grosvenor Crescent for less than £2m, if one were to come to market, according to Zoopla’s latest estimated valuations.

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