In the last year only 1.85% of all property transactions boasted a price tag of over £1 million.
That’s only 16,200 properties in England and Wales! As you would expect, certain areas carry the bulk of these high-end transactions. 1 in 10 properties sold in London bust the £1 million barrier and 1 in 50 across the South East. By comparison, the ratio in the North East and Wales was only 1 in 1400 sales.
In nearly one quarter of local authorities across England and Wales no sales topped £1 million.
While London dominates the £1 million plus market, its share has diminished considerably over the past few years. Five years ago the London market accounted for over two-thirds of all £1 million+ property sales, now that figure sits at 60%.
All our Waterfords branches have a stunning selection of million pound plus homes for your perusal:
Click here to view the million pound market
Our priority is the safety of our staff and customers.
We are able to offer viewings, property visits and in-person valuations while following strict hygiene procedures.
We encourage you to contact us online or by phone if possible. Most of our staff will be working from the safety of their homes, however, we do understand that sometimes you have to visit us in branch.
Camberley - 01276 66566, Camberley@waterfords.co.uk
Chobham - 01276 858589, Chobham@waterfords.co.uk
Fleet - 01252 623333, Fleet@waterfords.co.uk
Yateley - 01252 870222, Yateley@waterfords.co.uk
Lettings - 01252 623330, Lettings@waterfords.co.uk