The increase is higher than that seen across the rest of the country, with houses in leafy suburbs within the West Midlands now tipping over the million pound mark as well as in more affluent rural areas of Shropshire and Staffordshire.
So far this year, 6,732 property purchases have been completed with a price tag of £1m or more. London has had the most at 3,342. For the West Midlands it is 127. Wales has had 26 – a 420 per cent increase on 2012. Benham and Reeves director Marc von Grundherr, said: “A decade ago, a home was sold for one million pounds or more in just over half of local authorities in England and Wales. So far this year, 79 per cent of areas have seen a home purchased at this price or above and this really demonstrates just how much the market has changed.”Shropshire has an abundance of properties available, if you have a cool million or more in your pocket.
Near Kinnerley is a 'luxurious country residence' complete with its own, indoor swimming pool and outdoor tennis court. The property in Kinnerley Lane is on the market with Richmond Harvey for £1,850,000.It has six bedrooms and four bathrooms along with three reception rooms. It also has the benefit to two, one bedroom annexes.
Yes & the council tax after you’ve owned it for a few years too
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: LiveLancs - 🏆 10. / 87 Read more »