Property prices in Banks Road in Sandbanks are seriously high, with the most expensive sold recently being a five-bedroom, two bathroom house at number 117 which fetched an incredible £6.85 million in August.
However, Flat 2 in Carina Court, which has three bedrooms and a private beach chalet sold for a mere £1.76 million. This makes the road the only street out of London to feature in the top 10 biggest price differences.
As a comparison, house prices in Brompton Square in Kensington vary by over £11 million.
What can we learn from this?
Sam Mitchell, CEO at Strike, said, “It’s fascinating that house prices can vary by such large sums within a matter of metres. Over 250 UK streets had a value range of over £1m — and this variation presents an exciting opportunity for buyers and investors.
“Let’s be honest — most of us don’t have seven figures to invest, but this useful insight can be used anywhere. Wherever you want to live, looking for a street with a big range in prices may reveal a savvy investment opportunity. You can find streets with big differences in prices all over the country.”
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