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Evening Standard

Business

India Block

London's £1 million property: number of homes commanding seven-figure price tags shrinks as house prices fall

London Lucian Cook Savills

The number of "property millionaires" — owners of homes worth over £1 million — fell by four per cent in 2023, reports Savills.

A total of 12,280 homes fell out of the £1 million plus bracket last year as house prices dropped across the capital by an average of six per cent.

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