Egerton Crescent, the most expensive street in England and Wales, according to the Lloyds TSB list of the top 10 priciest streets, is nestled just a stone's throw away from the Victoria and Albert Museum and Harrods.
House prices in central London have continued to shoot upwards over the past year, amid strong interest from wealthy overseas buyers looking for a safe haven, amid the uncertainty of the Eurozone.
However, some analysts have suggested that a 7% stamp duty rate which was placed on homes worth over £2 million in the Spring could cause the market to cool off slightly next year.
Merton in South West London also claimed two places in the top 10 list - Parkside, skirting Wimbledon Common, came in second place with an average property price of £5.2 million.
Home Park Road in Merton came in sixth place, with average property prices of £4.7 million.
More top news
Julie Etchingham meets the original Foxy Lady - her cousin Kathy - who talks of life with former boyfriend Jimi Hendrix in their old flat.
Transport bosses have admitted a decision about funding for Luton's railway station's much-needed facelift will not be made any time soon.
A man who helped officers apprehend a suspected drug dealer by sticking out his foot and tripping him has been hailed a "legend" by police.