Hundreds of thousands of Britons woke up as millionaires
About half a million residents of London are owners of apartments and mansions worth more than a million pounds. This is evidenced by the research data of the British site for the sale and lease of real estate Zoopla, which also launched a calculator that allows to calculate when the price of real estate will overcome the mark of one million pounds.
In general, the number of properties worth more than a million pounds increased throughout the country - there are more than 768 thousand such apartments and mansions.
However, most of all owners of expensive apartments and mansions found themselves in London - more than 430 thousand, which is 12.8 percent of the total housing in the British capital. Since August 2016, the number of such properties has increased by 23 percent.
The most expensive area of the city was Westminster - half of its inhabitants were owners of real estate, estimated to be above a million pounds. Also in the top five most expensive areas of London were Kensington and Chelsea, Camden, Wandsworth and Hammersmith and Fulham.
In January, JLL put London first in the list of cities in the world in terms of investment transactions, the British capital outscored Los Angeles and New York by this indicator. According to the company, in 2017 the volume of such transactions increased by 35 percent compared to 2016 and reached $ 33 billion.