It’s no secret – the UK has seen a significant rise in million pound homes. More and more people are becoming millionaires overnight. 2022 was no exception to this either. While London has traditionally been the hub for such transactions, several other regions across the country have also witnessed a surge in the number of high-end properties changing hands. Here, we explore the top ten regions outside of London that have had the highest amount of homes purchased for £1m or above during the year.
The Official List of Million Pound Homes Outside of London
No.1 - Bristol - The top million pound region
At the top of the chart is Bristol, with 211 property transactions over £1m, Bristol has become a hotbed for high-end property buyers. This region in the southwest of England boasts of a vibrant cultural scene, picturesque surroundings, and easy access to London, making it an attractive place to live. Bristol is also famous for its suspension bridge and Banksy street art.
No.2 - St Albans - Million pound homes with history
St Albans - St Albans is a charming town located in Hertfordshire, just a stone's throw away from London. With 176 properties sold over £1m, it has become one of the most sought-after regions in the country. The town shows off of a rich history, stunning architecture, and excellent schools. St Albans is famous for its 11th-century cathedral and Roman remains.
Verulamium Park in St Albans is a stunning green space that features a mix of ancient history and modern amenities. With over 100 acres of parkland, a lake, and an outdoor theatre, the park is a must-visit destination for those looking for a perfect day out in the heart of Hertfordshire.
St Albans has been such a popular place to put down roots, we’ve included a location guide on St Albans.
Only 0.3% of £1m homes sold in 2022 outside of London were new builds
No.3 - Reading - Million pound homes near the forest
In the south-east of England lies Reading, a vibrant town that has seen a surge in the number of high-end property transactions. With 166 properties sold over £1m, Reading offers excellent transport links into London, good schools, and a growing economy, making it an attractive place to live.
Reading is also famous for its annual music festival and the famous Reading Gaol, where Oscar Wilde was imprisoned. There’s a diverse range of shopping options, from high-end fashion boutiques to independent shops and popular chain stores. The Oracle shopping centre is in the heart of the town, along with smaller boutique stores for those looking for more unique shopping experiences.
Blue Collar Corner (an independent food hall) and the Grumpy Goat (craft beer and delicious charcuterie) are both recommended.
No.4 - Cambridge - Million pound homes near education
Apart from having a world class university, Cambridge has a lot to offer. With 163 properties sold over £1m, Cambridge is a desirable location for high-end property buyers. From punting along the River Cam to exploring the city's many museums and galleries, there's always something to see and do in this beautiful city.
Cambridge has many, many green spaces to enjoy the outdoors. One of the most famous is Parker's Piece, a large public park that was the birthplace of modern football. Another popular green space is Jesus Green, which is located along the River Cam and offers stunning views of the city's historic buildings.
No.5 - Guilford - Million pound homes near a castle
Moving further South of the UK is Guildford, a historic town located in Surrey. With 162 properties sold over £1m. One of Guildford's most famous landmarks is the Guildford Castle, which dates back to the 11th century and offers stunning views of the town and the surrounding countryside.
One of the standout restaurants in Guildford is the Ivy Castle View, which offers a stunning view of the historic castle as well as delicious contemporary British cuisine. The restaurant features an elegant and sophisticated atmosphere and a menu that is filled with classic dishes made with the freshest ingredients.
No.6 - Bath - Million pound homes near the Romans
Bath is a beautiful city located in the south-west of England and is famous for its Roman Baths and Georgian architecture. 161 million pound properties were sold over £1m in 2022.
For families, Bath offers an excellent range of high-quality schools and a safe, welcoming community that is ideal for raising children. For professionals, the city is an excellent location that is easily commutable to Bristol, London and major cities in between. The city also has a thriving tech and creative industry, as well as a number of small businesses, startups, and innovative companies, making it an exciting place to build a career and make connections.
No.7 - Sevenoaks- Million pound homes near deers
Sevenoaks is a charming town located in Kent. 154 properties were sold over £1m. Sevenoaks is very famous for its stately homes and historic architecture. One of the town's most famous landmarks is Knole House, a beautiful country house that dates back to the 15th century. And the real selling point of a day trip here – it’s surrounded by a vast deer park!
No.8 – Leatherhead - Million pound homes with a duck race
Leatherhead is another town in the list located in Surrey, a short train ride from London. 152 properties were sold over £1m in the year. Leatherhead is surrounded by stunning natural scenery, including the River Mole, the Surrey Hills, and the North Downs. The town offers plenty of opportunities for outdoor activities like hiking, cycling, and boating, making it an ideal destination for nature lovers.
The town also has its own train station, which provides frequent services to London and other destinations in the South East.
There’s also the small matter of the Leatherhead duck race which happens every year.
No.9 – Poole - Million pound homes by the beach.
Poole is often described as a millionaire’s paradise. A coastal town located in the south-west of England and is famous for its beautiful beaches and natural harbour. With 146 properties sold over £1m, Poole has become an attractive location for high-end property buyers.
No.10 – Esher – Millionaire Music
142 millionaire homes were sold in Esher. It’s very suited to people looking for additional high end hobbies, including several top equestrian centers. Alongside this, there is the famous Sandown Park race course - one of the UK's leading horse racing venues.
Esher is famous for its historic racing circuit, which has hosted several high-profile motorsport events. And the are has a huge musical influence as Sir Edward Elgar (the famous composer) was born there.
Leafy suburban surroundings and excellent schools make it an attractive place to live.