Rise in British million pound properties

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Published by Max Salsbury for 24dash.com in Housing and also in Communities, Finance

Over 47,000 British homes saw their value increase to over a million pounds last year. The 19% rise throughout 2012 means that there are currently 300,142 homes valued at over £1,000,000 in Britain. According to website Zoopla.co.uk, strong demand for prime residential property during 2012 drove the increase, which was notably sharper than the rest of the market where house prices grew by just 1% overall. The site found that 64% of the country's million pound properties are in London, which is...

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