UK markets open in 2 hours 52 minutes
  • NIKKEI 225

    29,300.84
    +85.32 (+0.29%)
     
  • HANG SENG

    26,109.38
    +322.17 (+1.25%)
     
  • CRUDE OIL

    82.44
    -0.52 (-0.63%)
     
  • GOLD FUTURES

    1,774.10
    +3.60 (+0.20%)
     
  • DOW

    35,457.31
    +198.70 (+0.56%)
     
  • BTC-GBP

    46,278.22
    +755.56 (+1.66%)
     
  • CMC Crypto 200

    1,479.18
    +15.82 (+1.08%)
     
  • ^IXIC

    15,129.09
    +107.28 (+0.71%)
     
  • ^FTAS

    4,119.18
    +9.01 (+0.22%)
     

The UK street where house price range varies by £11m

·3-min read
Almery Garth on Margate Lane in York was sold for £2.75m, while a nearby house cost just £100,000. Photo: Blenkin & Co
Almery Garth on Margate Lane in York was sold for £2.75m, while a nearby house cost just £100,000. Photo: Blenkin & Co

House prices on Brompton Square in Kensington, London, vary by over £11m ($15m).

Of nearly 250,000 streets where a house has sold this year, Brompton Square had largest range, with a staggering £11.3m between its highest and lowest sale, according to estate agent Strike.

While the five-bedroom terraced house at number 19 sold for a hefty £17.8m in April, number 23 – less than 20 yards away – sold for “just” £6.5m a few months earlier, the study, based on analysis of HM Land Registry data.

Despite selling for a far smaller sum, number 23 actually has two more bedrooms – suggesting the buyer got a relative bargain.

Number 6 Chepstow Crescent cost £5.8m less than the cheapest property on the same street. (Strutt & Parker)
Number 6 Chepstow Crescent cost £5.8m less than the cheapest property on the same street. (Strutt & Parker)

The top 10 UK streets with the biggest difference in property prices

  1. Brompton Square, SW3 2AD (£11.3m)

  2. Blackfriars Road, SE1 9GQ (£8.4m)

  3. Cork Street, W1S 3NB (£7.3m)

  4. Harbour Avenue, SW10 0HQ (£7.2m)

  5. Portugal Street, WC2A 2AT (£7.1m)

  6. Chepstow Crescent, W11 3EB (£5.8m)

  7. Water Lane, EC3R 6AP (£5.8m)

  8. Old Church Street, SW3 5DL (£5.2m)

  9. Eaton Place, SW1X 8DE (£5.1m)

  10. Banks Road, Sandbanks, BH13 7QQ (£5.1m)

Nearly all of the top 10 streets are in London, with Blackfriars Road in Southwark and Cork Street in City of Westminster having the second and third largest differences of £8.35m and £7.3m, respectively.

This flat at 137-139 Carina Court on Banks Road, Sandbanks costs £5.1m less than number 117. Photo: Tailor Made Estate Agents
This flat at 137-139 Carina Court on Banks Road, Sandbanks costs £5.1m less than number 117. Photo: Tailor Made Estate Agents

The one exception is Banks Road on the famously exclusive Sandbanks peninsula in Poole, Dorset – home to football icons, Harry and Jamie Redknapp.

The most expensive property was a five-bedroom, two-bathroom detached house at number 117 that sold for £6.85m in August. In comparison, Flat 2 in Carina Court, with its three bedrooms and private beach chalet, was a “steal,” going for £1.76m on the same day.

For those looking for cheaper investments, there are 17 streets with a range of over £1m where the least expensive house actually costs less than the UK’s average property price of £244,513. These streets are spread out across the nation, from Chester to Brighton.

Number 14 Marygate Lane in York sold for just £100,000. Photo: Zoopla/Ashtons
Number 14 Marygate Lane in York sold for just £100,000. Photo: Zoopla/Ashtons

Outside London, the best opportunity from this list is in York, where one street sold homes with a price difference of £2.65m. Number 14 on Marygate Lane, a central road near the city’s historic museum gardens, sold for just £100,000 in August, while nearby Almery Garth was bought for £2.75m.

“It’s fascinating that house prices can vary by such large sums within a matter of metres. Over 250 UK streets had a value range of over £1m — and this variation presents an exciting opportunity for buyers and investors,” said Strike CEO Sam Mitchell.

“Let's be honest — most of us don't have seven figures to invest, but this useful insight can be used anywhere.

“Wherever you want to live, looking for a street with a big range in prices may reveal a savvy investment opportunity. You can find streets with big differences in prices all over the country."

WATCH: Why are house prices rising during a recession?

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting