Home ownership out of reach for many Londoners | Money | guardian.co.uk
More than 220,000 Britons own a property worth in excess of £1m – more than the population of Newcastle or Brighton and Hove.
Despite recent falling property prices, the UK still has 5,922 "million-pound" streets, where the average property costs more than £1m. London is home to the biggest number of expensive streets with 2,290, followed by Guildford, a popular commuter town, with 89, and Cobham, a hotspot for footballers, with 78.
Unsurprisingly the Property rich list 2011, published by property website Zoopla.co.uk, shows that Kensington in west London is by far the most expensive neighbourhood in the country, with house prices averaging £1,737,862.
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