Egerton Crescent Becomes the Most Expensive Street in Britain
The property prices on Egerton Crescent have grown very rapidly in the last decade to make it one of the most expensive street in Britain. A study conducted by Lloyds TSB found that a typical house on Egerton Crescent today costs as much as £8,136,000. As expected, it is way above the price of an average home in the UK which stands at just£160,879. The street that boasts of elite residents has white stucco-fronted façade and neatly trimmed rows of box trees. A four bedroom family home on the street was purchased recently for a high £12million. It is a quiet street but located centrally and is just a stone’s throw away from the Victoria and Albert Museum and the shops of Knightsbridge. Egerton Crescent Prime Location & Classical Architecture Attracts Foreigners The houses have been designed in such a way that they have tiny front gardens only but a community garden and the Hyde Park are not far away. The Lloyds TSB highlights the immense wealth gap that has emerged in the last...