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£1m is the price of what would elsewhere be considered a normal sized 'house'. You can't get anything with two bedrooms for less than £500,000. £1m is a good me
by fredley 10y ago
£1m is the price of what would elsewhere be considered a normal sized 'house'. You can't get anything with two bedrooms for less than £500,000. £1m is a good metric for London property.
- alva 10y agoAgree with the last two points. The first however is an understatement. Outside London ( and commute belt ), £1m buys you a seriously luxurious house. Even in major, desirable cities like Edinburgh, £1m buys you a 6 bed, granite, Georgian townhouse in the absolute best spot in the city. London prices are seriously crazy.
- fredley 10y agoSorry, I should have qualified, £1m is for an average house inside London. Outside of course it's barmy money.