It found:
- Over 43,400 new property millionaires have been created over the last 15 years, through the purchase of £1 million plus homes.
- Since 1994 only four residential properties officially sold for over £20 million, and 64 properties sold for over £10 million.
- 61% of £1million plus properties sold over the last 15 years were in Greater London. Kensington and Chelsea (18% of sales) and the City of Westminster (12% of sales) accounted for nearly half of all of London's £1million plus sales.
- The postal district, Elmbridge, Surrey (South East), has the largest concentration of million pound sales outside the capital (4% of all £1million sales.
- In 1995 only 186 properties across England and Wales sold for over one million pounds. The number gradually rose to a peak of 8,834 in 2007.
- 2009 is set for an estimated 2,800 £1million plus sales, down 68% on 2007 figures but still 15 times greater than 1995.
- Towns in regions outside London with the highest concentration of £1million sales include Cobham (South East), Poole (South West) and Altrincham (North West).
- The average house price across England and Wales has risen 213% over the past 15 years from £64,836 in 1995 to £202,813 in 2009 Q2.
"This growth in the number of £1million plus properties has been helped by the staggering 213% increase in house prices over this period. Despite recent house price declines, the increase in the nation's property wealth has outstripped retail price increases by over four times during this period."
