A property on one of the top 20 most expensive streets in England and Wales will set you back an eye-watering £4.7m to £6.8m pounds. Recent housing market statistics may show that property prices are stagnating or even falling in some areas. But according to analysis of Land Registry data by the property information website mouseprice.net, the credit crunch has not caused values at the very top end of the market to crash. Last year's most expensive street, Kensington Square in London's W8, cost £5,534,480; but a new high has been set by Courtenay Avenue, N6 where the average home costs £6,809,900.

Unsurprisingly, London and the South East account for the majority of streets wth the highest property values across England and Wales; top prices in these two regions are more than double the value of the most expensive streets in some other regions

Wales is the region with the lowest average prices; with the top street reaching £897,400, it is the only region whose top street does not break the million pound mark.

Property prices on the 20 most expensive streets in England and Wales:

1 Courtenay Avenue, N6: average property value - £6,803,900

2 Chelsea Square, SW3: average property value - £6,440,600

3 Manresa Road, SW3: average property value - £6,193,300

4 Ilchester Place, W14: average property value - £5,840,200

5 Gilston Road, SW10: average property value - £5,584,100

6 Carlyle Square, SW3 : average property value - £5,581,300

7 Eldon Road, W8: average property value - £5,512,000

8 The Vale, SW3: average property value - £5,439,400

9 Carlton Gardens SW1Y: average property value - £5,285,300

10 Albert Place W8: average property value - £5,255,500

11 Ingram Avenue, NW11: average property value - £5,164,700

12 Victoria Road, W8: average property value - £5,092,200

13 Thornwood Gardens, W8 : average property value - £5,012,400

14 Highbury Road, SW19: average property value - £4,935,200

15 Mulberry Walk, SW3: average property value - £4,873,900

16 Kensington Square, W8: average property value - £4,827,900

17 Winnington Road, N2: average property value - £4,732,200

18 Priory Walk, SW10: average property value - £4,694,700

19 Douro Place, W8: average property value - £4,678,000

20 Cottesmore Gardens, W8: average property value - £4,656,500

Regional ranking; average house price in the top 10 streets

London tops the regional league of most expensive areas, with an average values in the top ten pricest streets towering at £5,793,560. The South East came in second with average values in the top ten streets of £3,764,870, according to property database mouseprice.net. Average property values in the most expensive streets fell below the million pound mark in three regions; Wales, the North East and the East Midlands.

1 Greater London: average property price in the top ten streets - £5,793,560. Click here for the top 20 most expensive streets in London

2 South East: average property price in the top ten streets - £3,764,870. Click here for the top ten most expensive streets in the South East

3 East: average property price in the top ten streets - £1,868,820. Click here for the top ten most expensive streets in the East

4 North West: average property price in the top ten streets - £1,776,350. Click here for the top ten most expensive streets in the North West

5 South West: average property price in the top ten streets - £1,604,670. Click here for the top ten most expensive streets in the South West

6 West Midlands: average property price in the top ten streets - £1,195,850. Click here for the top ten most expensive streets in the West Midlands

7 Yorkshire & Humber: average property price in the top ten streets - £1,095,060. Click here for the top ten most expensive streets in Yorkshire & Humber

8 East Midlands: average property price in the top ten streets - £959,870. Click here for the top ten most expensive streets in the East Midlands

9 North East: average property price in the top ten streets - £881,040. Click here for the top ten most expensive streets in the North East

10 Wales: average property price in the top ten streets - £799,420. Click here for the top ten most expensive streets in Wales

Explore Property

• Buying & Selling

• New Homes

• Overseas

• Interiors

• Investment

• Gardens

• Cool In Your Code

• Specials

• First-time buyer

Times recommends

• Second homes: credit crunch casualty or money-spinner?
• How I built my own sliding house
• Top 10 incentives for house buyers