![\"1,770%](\"https:\/\/www.benhams.com\/press-release\/wp-content\/uploads\/2023\/08\/White-City-Bike-7-300x207.jpg\")
Do you live on Frazer Close, Parish Lane or Culverley Road? Well chances are you live on one of London\u2019s most affordable streets. That\u2019s according to the latest research by London lettings and estate agent, Benham and Reeves, who found that the house price difference between London\u2019s most and least affordable street names is a whopping 1,770%. <\/p>\n
Benham and Reeves analysed sold price data from the Land Registry looking at the price paid for property across the London market so far this year by street name, before revealing which street names have boasted the most affordable price tag, and which hold the least affordable (Jan to June 2023 – latest available).<\/p>\n
With an average house price of \u00a3527,979, London remains by far the most expensive region of the UK housing market. However, the research by Benham and Reeves shows that affordability can be found if you look in the right places. <\/p>\n
The research shows that Frazer Close is London\u2019s most affordable street name. So far this year, homes sold on streets called Frazer Close have averaged just \u00a3115,000. <\/p>\n
In second place is Parish Lane with an average sold price of \u00a3144,000, followed by Culverley Street at \u00a3150,000. <\/p>\n
Other street names to make the top 10 of London\u2019s most affordable include Heathdene Drive (\u00a3208,000) and St James\u2019s Road (\u00a3210,000).<\/p>\n
In contrast, Kingston Hill ranks as the capital\u2019s most expensive road name, with homes sold so far this year averaging a huge \u00a32.15m – 1,770% more than London\u2019s most affordable road.<\/p>\n
Walton Street (\u00a31.85m), Bolton Gardens (\u00a31.8m), Bouverie Road (\u00a31.7m) and Kensington High Street (\u00a31.7m) also rank as some of the most expensive London road names. <\/p>\n
Director of Benham and Reeves, Marc von Grundherr, commented:<\/strong><\/p>\n \u201cAffordability may not be a term that many associate with the London housing market and in the capital\u2019s most desirable locations, a shoe box sized apartment can end up costing you more than the average UK home. <\/p>\n But that\u2019s not to say there aren\u2019t bargains to be found for those pursuing a London property purchase. As our research shows, the likes of Frazer Close have, so far this year, boasted an average sold price that barely breaks the \u00a3100,000 mark.<\/p>\n Of course, the London market is probably the only area of the UK where you will also find such an array of road names boasting an average sold price pushing \u00a32m.\u201d<\/p>\n Price paid data for London homes sold so far this year (Jan to Jun 23 – latest available) sourced from the Land Registry.<\/p>\n Only road names with five or more transactions were included to ensure a robust data sample and only transactions marked as Category A and excluding transactions listed by type as other. Do you live on Frazer Close, Parish Lane or Culverley Road? Well chances are you live on one of London\u2019s most affordable streets. That\u2019s according to the latest research by London lettings and estate agent, Benham and Reeves, who found that the house price difference between London\u2019s most and least affordable street names is a … <\/p>\n\n\n\n
\n Table shows London’s 10 most affordable street names<\/th>\n<\/tr>\n \n Road\/Street<\/th>\n Median Sold Price<\/th>\n<\/tr>\n \n FRAZER CLOSE<\/td>\n \t\u00a3115,000<\/td>\n<\/tr>\n \n PARISH LANE<\/td>\n \t\u00a3144,000\t<\/td>\n<\/tr>\n \n CULVERLEY ROAD<\/td>\n \t\u00a3150,000<\/td>\n<\/tr>\n \n HEATHDENE DRIVE<\/td>\n \t\u00a3208,000<\/td>\n<\/tr>\n \n ST JAMES’S ROAD<\/td>\n \t\u00a3210,000<\/td>\n<\/tr>\n \n WYKE ROAD<\/td>\n \t\u00a3220,000<\/td>\n<\/tr>\n \n EWELL ROAD<\/td>\n \t\u00a3225,000\t<\/td>\n<\/tr>\n \n WIDMORE ROAD<\/td>\n \t\u00a3235,000<\/td>\n<\/tr>\n \n MAYPLACE ROAD EAST<\/td>\n \t\u00a3236,500<\/td>\n<\/tr>\n \n WOODCOTE ROAD<\/td>\n \t\u00a3247,500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n \n\n\n
\n Table shows London’s 10 least affordable street <\/th>\n<\/tr>\n \n Road\/Street<\/th>\n Median Sold Price<\/th>\n<\/tr>\n \n KINGSTON HILL<\/td>\n \t\u00a32,150,000\t<\/td>\n<\/tr>\n \n WALTON STREET\t<\/td>\n \u00a31,850,000\t<\/td>\n<\/tr>\n \n BOLTON GARDENS<\/td>\n \t\u00a31,777,500\t<\/td>\n<\/tr>\n \n BOUVERIE ROAD<\/td>\n \t\u00a31,735,000\t<\/td>\n<\/tr>\n \n KENSINGTON HIGH STREET<\/td>\n \t\u00a31,710,000<\/td>\n<\/tr>\n \n RUTLAND GATE<\/td>\n \t\u00a31,700,000<\/td>\n<\/tr>\n \n MUSWELL HILL ROAD\t<\/td>\n \u00a31,700,000\t<\/td>\n<\/tr>\n \n BELSIZE PARK GARDENS<\/td>\n \t\u00a31,650,000<\/td>\n<\/tr>\n \n BUCKINGHAM GATE<\/td>\n \t\u00a31,635,000\t<\/td>\n<\/tr>\n \n CIRCUS ROAD WEST<\/td>\n \t\u00a31,550,000\t<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n<\/em><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"