Mapping the million pound market

News at Waterfords | 19/07/2018

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. If you do need to visit a Waterfords branch, it is preferred that you do so by appointment. Get in touch with us to arrange this

Camberley - 01276 66566,

Chobham - 01276 858589,

Fleet - 01252 623333,

Yateley - 01252 870222,

Lettings - 01252 623330,