Property News · October 2, 2017

Zoopla reveals changing fortunes for Britain's wealthy homeowners


Property rich list shows sharp fall in value of homes on London’s most expensive streetsSome of Britain’s wealthiest homeowners have seen as much as £13m wiped off the value of their property in a year as Brexit uncertainty and tax changes continue to wreak havoc in the prime central London market.According to new research, Kensington Palace Gardens in west London tops the list of the most expensive streets in Britain, with an average property value of £35.7m – although that is £2.5m less than this time last year, when the figure was £38.3m. In July 2015 a typical property in the street was worth £42.6m – which reflects a near-£7m decline in just over two years, said property website Zoopla in its annual Rich List of house prices. Continue reading…

Source : theguardian.com
Read more…Zoopla reveals changing fortunes for Britain’s wealthy homeowners

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