Property

Hale street named the most expensive in the North

By David Prior at

A Hale street has been named the most expensive in the North in a new survey.

Homes on Park Lane sold for an average of £2,059,000, with the next priciest just down the road on Leycester Road in Knutsford, which averaged £1,786,000.

The data was compiled by Lloyds Bank from more than 1.7m postcodes, using Land Registry data for transactions between January 2011 and October 2016.

Elsewhere in the region, the most expensive in the North East are on Runnymede Road in Newcastle, where the average house sold for £1,103,000, while in Yorkshire, Ling Lane in Leeds has the most expensive homes at £1,319,000.

The North has some way to go to catch up with London however, where the most expensive street was revealed to be Eaton Square, with houses selling for an eye-watering £16m.

Andrew Mason, mortgage director at Lloyds Bank, said: “Eaton Square, and prime central locations such as Westminster, and Kensington and Chelsea, have established reputations as exclusive addresses. Not only do these streets possess a rich historical legacy, but properties located there are some of the most prestigious in the world and are close to superb local amenities in Knightsbridge, Sloane Street and Chelsea, as well as the capital’s business and entertainment districts.

“Away from London, our figures show that the most expensive streets tend to be tightly clustered within pockets in the same area.

“For example, the Edgbaston district in Birmingham, the Wilmslow and Altrincham areas in Cheshire, the so-called ‘Golden Triangle’ in Yorkshire and the Humber and Sandbanks in Dorset on the south coast.”