£41.4million: The cost of a home on Britain's most expensive street

Kensington Palace Gardens, in London is officially the most expensive street to live on in Britain - with average home values at a staggering £41.4 million, according to a survey released today. Britain’s Property Rich List 2008, released today, reveals that the tree-lined, gated community adjacent to Kensington Palace and Hyde Park in central London is the most desirable street in the country. It is home to some of the UK’s wealthiest individuals including both Lakshmi Mittal and Roman Abramovich. Millionaire mecca: The £70million home of Lakshmi Mittal, Britain's richest man, joins other houses on Kensington Palace Gardens that only the super-rich could afford In second place is Compton Avenue, located opposite Kenwood in North London, where average home values stand at just over 7.5 million (pounds). Published by... [read full story]