The 9 most expensive streets in the UK, where you need more than $15 million to buy a house

As most people struggle to even afford their first flat, life at the top of the property ladder is pretty sweet for the UK's home-owning elite.

A new study by Zoopla reveals that the number of streets where the average property costs over £1 million ($1.33 million) has risen by 16% in the last year, proving that home ownership continues to become a luxury for the privileged and wealthy while young people struggle their way out of the "rent trap."

90% of the UK's "most expensive streets" are located in the South of England, according to Zoopla's findings. Unsurprisingly, the majority of the postcodes —including the entirety of the top 10 — are situated in London.

Scroll on to discover the UK's 9 most expensive roads for buying a house — all of which are in London — ranked in ascending order by the cost of the average property.

9. Albemarle Street, W1S — £11.37 million ($15.1 million). Known for its galleries and the Brown Hotel, Albermarle Street has been home to London icons such as Lord Byron and Oscar Wilde through the years.

8. Cottesmore Gardens, W8 — £11.97 million ($15.9 million). Properties in this Kensington, west London, neighbourhood have increased by £50,000 ($66,300) in the last year, according to Zoopla.

7. Manresa Road, SW3 — £12.58 million ($16.7 million). This Chelsea neighbourhood has been home to Formula 1 billionaire Bernie Ecclestone and a multitude of artists including sculptor Frank Dobson and painter Henry Jamyn Brooks.