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flag UK million-pound homes up 34% in five years, with London seeing one in every 11 homes valued over £1 million.

flag The number of million-pound homes in the UK has risen by 34% over five years, with London seeing the biggest increase, now having one in every 11 homes valued at £1 million or more. flag Outside London, the North East saw the biggest rise in high-value properties, while the South East, East of England, South West, and Wales saw declines. flag Meanwhile, average UK rents increased by 1.8% in January 2025, the slowest growth since 2020.

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