The newest analysis by property agent comparability web site, GetAgent.co.uk, has proven that the royal household has seen the worth of 10 of their most well-known residences enhance by a cool £125m within the final yr alone, with Balmoral main the cost with an 18% annual enhance in worth.
GetAgent analysed the estimated market worth of 10 of royal residences that sit because the jewels within the crown of the royal household’s property portfolio and the way they’ve modified in worth over the past yr.
The analysis exhibits that the present mixed market worth of Buckingham Palace, Hampton Court docket Palace, the Tower of London, St James’s Palace, Window Fort, Kensington Palace, Clarence Home, Sandringham, Holyroodhouse and Balmoral is a staggering £7.5bn.
The 1.7% annual enhance within the complete worth of those 10 royal residences seen over the past yr has boosted this royal property portfolio to the tune of £125m.
The undisputed jewel within the crown of the royal’s property portfolio is Buckingham Palace with an estimated worth of £3.9bn, adopted by Hampton Court docket (£1bn) and The Tower of London (£711m).
Nevertheless, in terms of the most effective performing royal residence the place property worth appreciation is anxious, it’s Balmoral that ranks high, having elevated in worth by 18% over the past yr alone.
The worth of Sandringham is up 8% within the final yr alone, whereas Holyroodhouse has climbed by 6% since this time final yr.
Co-founder and CEO of GetAgent.co.uk, Colby Brief stated, “There’s no bricks and mortar portfolio as spectacular because the royal household and the estimated price of simply 10 of probably the most well-known properties they personal is sort of staggering, to say the least.
Nevertheless, very similar to the common market, the royals are vulnerable to the fragmented nature of the UK property market and so whereas the warmer market situations in Scotland have seen Balmoral steam forward the place annual worth progress is anxious, the slower market of central London has seen the likes of Buckingham Palace, Clarence Home and St James’s Palace creep up by simply 0.3% within the final yr.
Regardless of the general slower market situations that we’ve seen in current months, a marginal 1.7% enhance throughout these 10 royal residences has been sufficient so as to add a staggering £125m to the mixed worth of those 10 properties.”