Bromley's property millionaires boom by a quarter this year

News Shopper: Quids in: here are 306 properties in the BR1 postcode which hit the six digit price Quids in: here are 306 properties in the BR1 postcode which hit the six digit price

BROMLEY has around a quarter more property millionaires than this time last year, research has revealed.

Data from website Zoopla has shown there are 306 properties in the BR1 postcode which hit the six digit price, a 23 per cent increase on last year.

Across the UK, 255 people each day become owners of homes worth more than £1m.

And 82,614 of the almost 400,000 property millionaires are from the south east, with over a quarter of these being created this year.

In the Bromley borough, the area with the most of these fortunate people is in Chislehurst, with 417, this equates to some 11 per cent of all properties in the area.

Orpington follows with 291, amounting to around three per cent of the properties in this area now costing over £1m.

Zoopla’s head of communications Lawrence Hall said: “While Government schemes such as Help to Buy have concentrated popular attention on the lower rungs of the property ladder this year, there’s been a hive of activity propelling house price growth at the top-end of the market.

“As more and more British properties climb past the million pound level, the impact of a possible Mansion Tax would be wide reaching and risk impacting a significant number of British homeowners both at the top of the market and on the lower rungs of the property ladder.”

Comments (4)

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10:43am Thu 19 Dec 13

white rabbit9 says...

Greed. The illusion creators love em.
Greed. The illusion creators love em. white rabbit9

11:36am Thu 19 Dec 13

Gypo.Joe says...

What about multi millionaires ?

Don't forget us NS !

;)
What about multi millionaires ? Don't forget us NS ! ;) Gypo.Joe

7:27pm Thu 19 Dec 13

Bob Downondiss says...

Were you offended Joe ?

You should place a claim for hurt feeling.
Were you offended Joe ? You should place a claim for hurt feeling. Bob Downondiss

11:02am Sat 21 Dec 13

rescoffering says...

...eat your heart out... 'ten pence a post' ...small time 'gypo joe' ...probably still be posting on here christmas day!! ...one sad individual!! rofl!! :)
...eat your heart out... 'ten pence a post' ...small time 'gypo joe' ...probably still be posting on here christmas day!! ...one sad individual!! rofl!! :) rescoffering

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