London's Elite Streets: Prince of Wales Drive, SW11

Homebuyers pay a premium to live in the finest street in their favourite area. In SW11, it's the elegant stucco mansion blocks overlooking Battersea Park in Prince of Wales Drive that are the sought-after property stars.
Average property value: £909,735

Property profile: 925 properties; less than one per cent are houses

Market history: 480 sales recorded in the last decade; just three were houses

The dramatic transformation of the Battersea waterfront is one of the capital's most exciting regeneration stories, with Montevetro and Albion Riverside, the two gleaming residential towers designed by starchitects Richard Rogers and Norman Foster, now commanding the highest prices per square foot in this south-west London district on the Thames.

The area's star attraction for home buyers is Battersea Park, a landscaped 200-acre green space on the south bank of the river, with a boating lake, children's zoo, art gallery, café and running tracks.

The spacious, late-Victorian redbrick and stucco mansion blocks that line  Prince of Wales Drive overlook the park, leading up to Chelsea Bridge - with King's Road and Sloane Square, that glittering mecca of boutiques and bistros - just a few minutes away.

The best flats are on the first and second floors and come with secure parking. Anthony Payne of Lonres confirms: "Prince of Wales Drive is one of Battersea's most sought-after streets, close to Battersea Park and Chelsea just across river."

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£1.95 million: a three-bedroom flat at Overstrand Mansions, a popular apartment block overlooking Battersea Park in Prince of Wales Drive

Property prices here have outperformed the wider area. "Over the last decade, average prices in Prince of Wales Drive have increased by 131 per cent, compared to 101 per cent across the SW11 postcode as a whole," adds Payne. "So far this year, flats sold in Prince of Wales Drive have averaged £1,082 per square foot." 

​There are 18 flats currently for sale in Prince of Wales Drive, with prices ranging from £545,000 to £1.95 million.

This analysis was carried out by the property data company Lonres who work in association with the property analytics business, Dataloft.
Sources: Lonres, VOA, Zoopla


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