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12 / 01 / 22 - 6 minute read
Anyone who has ever won second prize in a beauty contest or gone straight to jail without passing go knows that the most valuable property in London is Mayfair. But is it really the best street to live on, asks chief editor Greg Langley?
Back in the 1930s, the makers of Monopoly designed the English version of the game culling 45,687 London streets down to an iconic 22 that increase in value as one moves round the board. Ninety years later, the game still provides a rough guide to the relative worth of the streets of the capital of the United Kingdom.
Old Kent Road, where a residence costs £399,092 on average in 2020, remains the least expensive, while Mayfair is the most expensive (£4,532,352 on average). But is Mayfair the best place to live in London? “Not necessarily,” answers Dr. Marcelo Cajias, Head of Data Intelligence at PATRIZIA.