What £1 Million gets you in the UK Housing Market

LONDON VS E UK THE REST OF LONDON THE HOUSING DIFFERENCE LONDON HOUSE PRICES HAVE RECENTLY DOUBLED COMPARED TO THE REST OF THE UK'S. THIS IS THE WIDEST GAP SINCE THE HISTORY BOOKS BEGAN 2 BED MASIONETTE З ВED COTTAGE STUDIO FLAT HAVERSTOCK HILL £200,000 (ABOVE AN ESTATE AGENT) ISLINGTON (WITH A TURRET) WEST YORKSHIRE ESTATE AGENTS £550,000 £350,000 4 BED TERRACE 5 BED PROPERTY 1 BED FLAT GARAGE £500,000 STAMFORD BRIDGE PECKHAM HACKNEY SUNDERLAND £500,000 £350,000 £200,000 SOURCE: RIGHTMOVE JULY 2014, BUZZFEED 33 WHAT £ 1M WILL GET YOU IN.. 88 SCOTLAND A LUXURY COTTAGE LANDMARK COUNTRY HOUSE IN APPROX 20 ACRES OVERLOOKING A PRIVATE LOCH THE MIDLANDS 8 BED CHARACTER MANCHESTER PROPERTY A GOTHIC CHURCH IN THE CITY CENTRE LONDON A MAYFAIR FLAT WITH LESS FLOOR SPACE THAN AN UNDERGROUND TUBE CARRIAGE, THOUGH WHAT A LOCATION – THE RITZ IS AT THE END OF THE ROAD, GREAT IF YOU WANT A NIGHT AWAY FROM HER INDOORS! IT COMPRISES ONE BEDROOM, A SMALL KITCHEN, BATHROOM AND LIVING ROOM AND IS SPREAD ACROSS JUST 461 SQ/FT - MAKING IT THE SAME SIZE AS A LARGE LIVING ROOM IN A TYPICAL FAMILY HOME. LI STATS L £500,000 LONDON HOUSE PRICES £400,000 UK HOUSE PRICES EXCLUDING LONDON £300,000 £200,000 £100,000 2002 2005 2008 2011 2014 THE AVERAGE ASKING PRICE IN LONDON IS NOW f£ £403,792 . 1.75X THE £250M HOME NEXT TO THE QUEEN: LONDON PROPERTY SMASHES UK HOUSE PRICE 2.2X RECORD AS IT GOES ON SALE BROCHURE DESCRIBES REGENCY HOME AS 'PROBABLY THE FINEST THE AVERAGE PRICE OF A HOUSE IN LONDON IS NOW 2.2 TIMES THAT RESIDENCE IN LONDON' OF A REGIONAL HOME FOR THE FIRST TIME, ACCORDING TO THE ONS. THIS BEATS THE RECORD SET IN 2008 WHEN THE AVERAGE PRICE OF ONLY BLACK AND WHITE PICTURES FROM 1890 AVAILABLE FOR A LONDON HOME WAS 1.75 TIMES THAT OF THOSE IN THE REST OF SECURITY REASONS THE UK. ££ UK HOUSE PRICE INCREASES SINCE 2013 33 3 3 |>£100K £100K - £250K £250K - £500K |<£500K TOTAL %CHANGE %CHANGE %CHANGE 60 29.91 50.72 33.56 35 70 50 40 30 60 25.47 25.61 30 19.23 23.95 25 20 20 16.32 20 16.76 10 75 15 9.58 -10 9.35 50 -20 10 2.25 -30 -20. 18 25 -40 -37.62 UK LONDON NORTH EAST SCARY FACTOIDS 10 WHERE LONDON HOUSE BUYERS COME FROM OUT OFO RUSSIANS, INDIANS AND ITALIANS WERE THE BIGGEST NON-BRITISH BUYERS OF TOP-END PROPERTIES. Research based on Land Registry figures showed that Russians spent more than £536 million on 264 RUSSIA million-pound homes in London last £536M INDIA year. ITALY £449M Indian buyers were not far behind, spending £449 million on 221 properties, while Italian buyers were third on the list, spending £436 million on 215 properties. 264 £436M 221 215 £1M HOMES BOUGHT IN THE CAPITAL WERE PURCHASED BY FOREIGN BUYERS CENTRAL LONDON BUYERS, WHOLE OF MARKET WHERE ARE THE BUYERS FROM? NATIONALITY NATIONALITY RESIDENCE Europe IMiddle East IRussia & CIS INorth America IIndia |Asia RESIDENCE | Africa | Australasia | South America UK NON - UK UK NON - UK 51% 49% 72% 28% *12 months to June 2013 *12 months to June 2013 NEW-BUILD BUYERS IN PRIME CENTRAL LONDON NEW-BUILD BUYERS IN GREATER LONDON SALES TO UK RESIDENTS NATIONALITY RESIDENCE OUTER LONDON 93.4% INNER LONDON 79.6% NON - UK O UK NON - UK UK PRIME CENTRAL LONDON 31%O 69% 51% 49% 51% *two years to June 2013 *two years to June 2013 COMMISSIONED BY wWW.WEBUYANYHOUSE.CO.UK REFERENCES HTTP://WWW.TELEGRAPH.CO.UK/FINANCE/ECONOMICS/10969767/HOUSE-PRICES-IN-LONDON-MORE-THAN-DOUBLE-THE-REST-OF-THE-UK-FOR-THE-FIRST-TIME-ONS.HTML HTTP://WWW.EXPRESS.CO.UK/NEWS/UK/458983/NUMBER-OF-1M-PROPERTIES-SELLING-IN-LONDON-SOARS-AS-HOUSE-PRICES-RISE HTTP://WWW.RIGHTMOVE.CO.UK/PROPERTY-FOR-SALE/PROPERTY-41695843.HTML?PREMIUMA=TRUE HTTP://WWW.STANDARD.CO.UK/NEWS/LONDON/THE-250M-HOME-NEXT-TO-THE-QUEEN-LONDON-PROPERTY-SMASHES-UK-HOUSE-PRICE-RECORD-AS-IT-GOES-ON-SALE-8582837.HTML LONDON THE REST OF THE UK CH