New record price for a house in London
Prices in London continue to smash records. According to the Evening Standard newspaper, a London house located in St Jame’s Park has gone on sale for £250m – 700 times the average property value in the capital.
The house is considered to be the biggest private home in central London and would mean the future owner is neighbours with the Queen and the Hinduja family.
Despite the price tag, the house is unmodernised and will require extensive refurbishment.