The world's most desirable addresses have largely been sheltered from the slump in property prices felt elsewhere, according to a survey of the most expensive residential streets in the world carried out by Financial News.

Homes in the most exclusive postcodes have recouped their losses by an average of 9% over the last six months, as limited supply buoys demand, according to a survey of the most expensive residential streets in the world carried out by Financial News, sister paper of the Wall Street Journal Europe.