How much for the keys to No.10?

December 13, 2019

New homes specialists, Stone Real Estate, have looked at the property cost of the Number 10 and where is home to the highest price paid for the number across England and Wales.

Stone Real Estate looked at current market data for the real No.10 Downing Street as well as the average sold price for homes with the number across the nation.

No.10 Downing Street

With an estimated size of 3,800 square feet and based on the current value for each of these square feet in that particular postcode, the bricks and mortar value of No.10 Downing Street is an estimated £5.3m. However, with the real size unknown and the property not only famous but unobtainable for everyone but the PM, the actual value is unknown but likely to be much higher.

Where’s home to the most expensive No.10?

While the value of No.10 Downing Street requires a bit of guestimation, the most expensive No.10 property sold of late was also in London, in Kensington and Chelsea’s Ilchester Place, and it sold for a tidy £12.8m.

The highest average No.10 cost is Bedfordshire

Looking across the nation, Bedfordshire is home to the highest average sold price for property with the No.10, going for £881,445.

Cheshire comes in second with No.10 properties going for an average of £564,250, closely followed by Greater London (£515,000), Surrey (£425,000), Hertfordshire (£408,998), Buckinghamshire (£374,000), Oxfordshire (£366,500), West Sussex (£329,975), Essex (£322,250) and Dorset (£320,000).

In London

The lowest average you’re going to pay is in Barking and Dagenham at £327,050. However, at the other end of the scale, the No.10 averages an impressive £2.3m in Westminster, £1.9m in Kensington and Chelsea, and £1.3m in Camden

County Durham is home to the most affordable average No.10

If you want a more affordable slice of the No.10 action, head to County Durham or South Yorkshire where a property numbered as such will cost you less than £150,000.

Founder and CEO of Stone Real Estate, Michael Stone, commented:

“Who would have thought the average cost of a number ten property could vary by as much as £700,000 across the nation and sell for as much as £12.8m at the top end of the market?

While these are unlikely to be die-hard fans of politics numbers and names can have a big influence on homebuyer decisions, and we’ve highlighted before how the number 13 previously suffered with a lower sold price due to buyer superstitions.

You’d be forgiven for thinking that recent political events may have had the same impact on the number 10 although it seems to be more in demand in some areas than it is in others.”

Number 10 Downing Street
10 Downing St, Westminster, London SW1A 2AA
Postcode:
SW1
Ave £ per sq ft:
£1,405
Approx size:
3,800 Sqft
Estimated value:
£5,339,000
Price source:
Size Source:
Most expensive No.10s sold since 2018
Town
County
Postcode
Price
ILCHESTER PLACE
GREATER LONDON
W14 8AA
£12,850,000
CHAUCER ROAD
CAMBRIDGESHIRE
CB2 7EB
£5,600,000
NEVILL PARK
KENT
TN4 8NW
£3,775,000
LYNDHURST ROAD
DEVON
EX2 4PA
£2,390,000
SIR HARRYS ROAD
WEST MIDLANDS
B15 2UY
£1,575,000
GRANBY ROAD
NORTH YORKSHIRE
HG1 4ST
£1,550,000
PHEASANT RISE
GREATER MANCHESTER
WA14 3HL
£1,388,000
WESTGATE
NOTTINGHAMSHIRE
NG25 0JH
£1,010,000
STANWELL ROAD
WALES
CF64 3EA
£850,000
HERITAGE GARDENS
TYNE AND WEAR
NE3 5AF
£795,000
Average Sold Price by Area for No.10 Properties
Location
Average Sold Price
Bedfordshire
£881,445
Cheshire
£564,250
Greater London
£515,000
Surrey
£425,000
Hertfordshire
£408,998
Buckinghamshire
£374,000
Oxfordshire
£366,500
West Sussex
£329,975
Essex
£322,250
Dorset
£320,000
Hampshire
£315,000
Kent
£295,000
Cambridgeshire
£292,998
East Sussex
£280,000
City of Bristol
£276,000
Wiltshire
£268,000
Warwickshire
£258,248
Northamptonshire
£249,498
Gloucestershire
£247,000
Devon
£245,000
Herefordshire
£243,000
Worcestershire
£234,000
Suffolk
£230,000
Rutland
£226,498
Leicestershire
£225,000
Norfolk
£224,995
Isle of Wight
£222,500
Somerset
£220,500
Cornwall
£210,000
Shropshire
£210,000
Staffordshire
£209,000
North Yorkshire
£206,000
East Riding of Yorkshire
£182,000
Nottinghamshire
£178,500
Derbyshire
£178,250
West Midlands
£175,000
Lincolnshire
£172,500
Greater Manchester
£170,000
Lancashire
£164,473
Cumbria
£162,000
Northumberland
£160,000
West Yorkshire
£159,950
Merseyside
£155,000
Tyne and Wear
£152,750
South Yorkshire
£145,000
County Durham
£110,000
Average Sold Price by borough for No.10 Properties
Borough
Median Price (number 10s)
Westminster
£2,330,000
Kensington and Chelsea
£1,962,500
Camden
£1,353,501
Richmond
£782,684
Wandsworth
£781,250
Hammersmith and Fulham
£732,500
Islington
£691,500
Merton
£645,000
Tower Hamlets
£643,000
Barnet
£615,000
Brent
£600,000
Ealing
£549,720
Haringey
£545,000
Kingston
£533,000
Lambeth
£530,000
Lewisham
£515,000
Hackney
£500,000
Croydon
£490,000
Southwark
£482,000
Bromley
£480,000
Redbridge
£480,000
Waltham Forest
£467,750
Enfield
£465,000
Harrow
£460,000
Hillingdon
£455,500
Greenwich
£427,500
Sutton
£422,250
City of London
£390,000
Newham
£386,000
Hounslow
£384,750
Havering
£376,500
Bexley
£335,000
Barking and Dagenham
£327,050

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