The first place in the rating of Moscow streets with the most expensive offer of flats (both, secondary and primary markets) is occupied by the Ordynsky Dead End. The average price of 1 sq. m. there is 2.96 million rubles, and only one lot is on sale on the secondary market in the Barkli Gallery residential complex, RBC reports with reference to the study conducted by the ‘Knight Frank’ international consulting company.
The second place took Granatny Lane, where the average price of 1 square metre of housing is 2.87 million rubles, and lots are sold in the complexes “Granatny, 6” and “Granatny, 8”. The third place is occupied by Molochny Lane with an average price of 1 sq. m. of 2.84 million rubles. It is specified that there, the sales are conducted in the residential complexes “Novaya Ostozhenka”, “Molochny Lane, 1”, “Molochny Lane, 6”, and “Molochny Lane, 7”.
In the fourth place is Kolymazhny Lane with an average price of 1 sq. m. of 2.36 million rubles, and sales are conducted in the residential complex “Kolymazhny, 10”. Malaya Nikitskaya Street closes the top five with the lots sold at the addresses Malaya Nikitskaya, 15, Malaya Nikitskaya, 16/5, and Malaya Nikitskaya, 4, p. 1, with the average price of 1 sq. m. of 2.24 million rubles.
Knight Frank notes that the top ten streets in Moscow with the highest price of 1 sq. m. were formed by four main clusters, namely, Yakimanka, Patriarch’s Ponds, Ostozhenka-Prechistenka, and Arbat. In addition, it is stated that the average cost of 1 sq. m. of elite new buildings in Moscow in July reached 1,016 million rubles, which is 14 per cent more than at the beginning of the year and 18 per cent more than at the beginning of the second half of 2020.