Across the UK the cost of living is on the rise, and in most places house prices are steadily creeping back up, so we’ve put together our list of some of the most expensive places to live in the UK.
Kensington and Chelsea
The unsurprising choice for the reality show about high-flying 20-somethings, Made in Chelsea, the London Borough of Kensington & Chelsea has the highest number of all million pound properties in the UK. In fact, the properties sold last year in Kensington and Chelsea make up for nearly a quarter of all houses sold in the UK for over £1m
With house prices costing well over £7000 per square metre, and with some of the smallest living spaces in the UK, Westminster definitely makes our list.
Home to Sir Elton John and Her Majesty the Queen, Windsor has a population of only 27,000 people but more than 850 of those are thought to be millionaires
With house prices more than 10 times typical annual earnings, Oxford, with its picturesque scenery and historical architecture, is definitely a pricey place to live.
Holding the title of the most expensive street in Scotland, Dick Place in Edinburgh has an average house price of £1.68m, and definitely puts the city firmly on our list. Edinburgh also accounts for half of the 20 most expensive streets in Scotland.
When the likes of Wayne Rooney, Gareth Barry and Emile Heskey call Cheshire home, you know it will boast some expensive properties. Wayne Rooney’s house alone has been valued at £11.3m, which includes the home cinema, a landscaped gardens, a Jacuzzi and £30,000 security system.
For more information on prices houses, as well as a Home Valuation Calculator that tracks how your house price has changed since you bought it, take a look at ‘This Is Money’.
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Published 22 May 2013