Much has been written about The Bishop’s Avenue – known as Billionaire’s Row – but it is neighbouring Winnington Road that has once again taken top place in the Rightmove survey with an average listing of £12.58 million.
The property company bases its annual report on locations where at least five homes were listed for sale in January this year to get an up-to-date view of prices.
Winnington Road which starts near the gates of Kenwood House and runs down to Lyttelton Road on the edge of Hampstead Garden Suburb came in top spot, while The Bishop’s Avenue was ranked third with property prices averaging £8.9m.
Second place honours went to Chester Square in Westminster, around the corner from Buckingham Palace, with houses costing an average £11.5m.
Like the adjacent Ingram Road, Winnington Road is named after the Bishop of London in the early decades of the 20th century. Arthur Foley Winnington-Ingram was a keen supporter of the founding of Hampstead Garden Suburb by local do-gooder Henrietta Barnett.
With its manicured streetscape and 10-20-bed neo-Georgian mansions the street has traditionally attracted tycoons – with several properties overlooking the elite Hampstead Golf Club.
Hampstead Garden Suburb Trust keeps a close eye on planning applications.
And prices have even jumped in value since the previous Rightmove survey up from £11.9m last year – with many of the properties boasting private pools, leisure facilities and cinema rooms.
Those with deep pockets can currently snap up a home backing onto the 100-year-old golf course with Glentree Estates – who have been selling houses along both streets for five decades.
The 8,351 sq ft property boasts nine bedrooms a gym, sauna, steam shower room, indoor swimming pool and jacuzzi opening onto a manicured landscaped sun facing garden for £9.95m.
The Ham&High reported last October how The Bishop’s Avenue – so named because it is on land formerly owned by the bishops of London – has been blighted by empty, crumbling or half built mansions bought by offshore investors then left to rot – or even seized as assets.
But the road which has become synonymous with the world’s wealthy elites is experiencing a renaissance with several large plots being turned into complexes of luxury flats.
The likes of Ariana Grande, Justin Bieber, King Constantine II of Greece, the Sultan of Brunei and Billy Butlin have lived on the road over the decades.
