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

Around half of Britain’s million pound homes are in London, Savills said (Jonathan Brady/PA) - (PA Archive)

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.