Your chance to snap up a new home in Britain's 'blingest' street... that's if you have a spare £65million to spend Bishops Avenue near Hampstead has been dubbed 'Billionaire's Row' Saudi Royal family have sold 10 of their properties in street for £80million One of wealthiest streets in world home to princes and entrepreneurs Chance for new generation of super-rich to get a new sought-after address It is one of the wealthiest streets in the world and you could get your hands on one of the sought-after properties... if you have a spare £65million in the bank. Dubbed 'Bilionaire's Row', Bishops Avenue, in Hampstead, north London is home to Saudi princes, members of the Brunei Royal Family, entrepreneurs and celebrities. But today a new generation of multi-millionaires are preparing to move in snapping up the chance to get their feet on the super-rich property ladder as a number of houses have come on to the market. For sale: Carlton House in Bishops Avenue is currently on the market for offers over £15million. The Saudi Royal Family have just sold 10 of their properties in the street for a reported £80million The tree-lined street connects the north side of Hampstead Heath at Kenwood to East Finchley. Bishops Avenue lies on the boundary of the London boroughs of Barnet and Haringey. The street is named after Bishops Wood which runs through the avenue. It was historically owned by the Bishop of London until the Church of England sold most of the land in the 20th Century. Many of the houses are inspired by the designs of ancient Greece and Rome, while others draw inspiration for traditional English country estates. In the 1980s average property prices exceeded the £1million mark. In 2006 the smallest houses were selling for £5million. In 2008 one of the most prestigious addresses, Toprak Mansion, sold for £50million - making it one of the most expensive homes in the world. The road is mentioned in Elton John's 1988 reworking of Give Peace A Chance, 'Why not talk about Bishop's Avenue,' and 'I've got a lovely house on Bishop's Avenue.' For many of the residents, such is the size of their wealth, that they rarely spend time living in their extravagant mansions. Focusing on expanding their property empires the wealthy home owners rarely sell up, leaving it difficult to get hold of one of the 66 mansions in the street. But in recent months the Saudi Arabian Royal family is understood to have sold 10 houses in Bishops Avenue. And property website Zoopla currently has 28 homes in the street listed for sale ranging in price from £1.9million to £65million - an average of £15million per home. The Times reported the Saudi Royal family's properties have been sold to LJ Capital for around £80million. The houses, most of which have never been lived in, sit on a five-acre estate, which LJ Capital plans to develop into a luxury mansion and apartment complex. Trevor Abrahmsohn, of Glentree Estates, who has sold many houses on the avenue, told the Times: 'The Bishops Avenue is a cross between a country estate and a town residence. The prince can live next to the pauper here as there is such a spread of (house) values from £100million down to £1million. 'Bishops Avenue is so interesting that if it didn't exist you would have to invent it.' For sale: Property website Zoopla currently lists 28 properties in the street for sale. This nine-bedroom mansion can be yours for a mere £34million Mansion: The sprawling home features nine bedrooms, eight bathrooms, a ballroom, swimming pool, gym, steam and sauna rooms Ancient inspiration: Many of the mansions are inspired by the buildings of ancient Greece and Rome, while others were built in the style of traditional English country estates Vast homes: In the late 1980s the price of homes in Bishops Avenue exceeded £1million. Today the largest homes fetch £65million upwards while apartments can be snapped up for a cheaper £1.9million Average property prices in the street surpassed the £1million in the late 1980s and each home sits in a two to three acre plot. In 2006 the smallest houses in the road were regularly selling for around £5million, while one of the most opulent residences, 30,000sq ft Toprak Mansion was sold by Turkish tycoon Halis Toprak amid great secrecy to the President of Kazakhstan, Nursultan Nazarbayev. The property sold for £50million in January 2008 - making it one of the most expensive houses in the world, according to Forbes magazine. The avenue is named after Bishops Wood, which runs through it, and was formerly owned by the Bishop of London following a land grant in 704. In 1894 the Church of England allowed for the construction of homes on the road and in the 20th Century much of the land was sold off by the Church. Today, just one house on the road - 46 Bishops Avenue - and a nearby residential home are owned by the Church. Billionaire's Row: The street, which lies between Hampstead and East Finchley in north London is believed to be one of the wealthiest in the world Wealthiest neighbourhood: Bishops Avenue lies between Hampstead Heath and East Finchley in north London Opulence in abundance: Sixty-six homes line the street, with each house sitting in several acres of gardens. Estate agent Trevor Abrahmsohn, right, has handled around 150 house sales on the road in the last 35 years World-class home: Toprak Mansion in Bishop's Avenue was sold for £50million in 2008, making it one of the most expensive homes in the world, according to Forbes magazine Big bucks: Turkish businessman Halis Toprak, right, sold his mansion to President of Kazakhstan, Nursultan Nazarbayev. The home features a swimming pool complete with glass bridge and a 12-person Turkish bath Among the homes currently up for sale is the imposing Carlton House, with offers in the region of £15million. The property boasts seven bedrooms, a ballroom, a catering kitchen, underground pool complex and 10-person Turkish bath. Meanwhile down the road a nine-bedroom white-washed house, featuring a distinctive green roof is on the market for £34million. The newly-extended and refurbished mansion sits in grounds of 0.75 acres and includes a detached guest house. Lifestyle of the rich and famous: The Sultan of Brunei, left, owns a number of properties in Bishops Avenue, while Heather Mills, right, once owned an apartment in the street Prestigious address: Indian steel magnate Lakshmi Mittal, left, and Sir Billy Butlin, founded of the popular holiday parks, have both called the tree-lined avenue home Inside the new owners can entertain guests in a maze of reception rooms, including a grand ballroom before relaxing in the 12metre indoor swimming pool, complete with separate gym, steam and sauna rooms. Former residents include South African entrepreneur Sir Billy Butlin, who founded the holiday camps, actress Dame Gracie Fields, TV star Katie Boyle, producer of the play The Mousetrap, Sir Peter Saunders and Heather Mills, the former wife of Paul McCartney. Other notable residents include businessmen Asil Nadir and Emil Savundra, the Sultan of Brunei, and industrialist Lakshmi Mittal. The street connects the north side of Hampstead Heath at Kenwood, Hampstead to East Finchley and lies on the boundary of the London Boroughs of Barnet and Haringey.