Property 'millionaires' grow

One in 45 homes in Britain now worth £1m, property firm says

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Around one in 45 homes across Britain is worth at least £1 million, according to estimates from a property firm.

The proportion is higher than the one in 55 homes estimated at £1 million-plus in 2019, just before the coronavirus pandemic, Savills said.

However, it is lower than the one in 40 homes estimated to be worth at least £1 million in 2022.