How does YOUR area measure up in the Mansion Gap? Angus in Scotland and Westminster are among Britain’s most unequal regions where the costliest homes are up to 72 times more expensive than the average property price
- The ‘Mansion Gap’ is difference between the most expensive house and average
- Data shows Angus has the biggest gap, shortly followed by Westminster
- Research carried out by moving specialists Just Move In looked at Great Britain
House price research across Great Britain has revealed Angus in Scotland has the biggest gap between its dearest property and the area’s average house cost.
The so-called ‘Mansion Gap’ in the rugged region is so big because of its most expensive property, the £11 million Careston Castle.
That sprawling home – which also boasts more than 1,500 acres of land – costs over than 72 times the price of the region’s average home of £157,026.
It pipped Westminster into being the second most unequal region, where the priciest home for sale is a £54 million Mayfair townhouse.
The ‘Mansion Gap’ is difference between the most expensive house and average price
£11 million Careston Castle in Angus is the reason why area tops the price gap list
The Lanson building in Chelsea costs £18million, around 30 times the average for the area
The property has 12 bedrooms and measures 1,348 sqm – more than 14 times larger than the average 92 sqm home.
It boasts one of the area’s largest private swimming pools, a fitness studio, spa pool, sauna, and a private screening room.
Gwent, Surrey, Essex, Hampshire, North Yorkshire, Northamptonshire, Kent and Cheshire complete the top ten of Britain’s most unequal regions.
The costliest homes are 23 times more expensive than the average home in England, 16 times more in Wales, and 13 times higher in Scotland.
The Chanters House, Ottery St Mary, Devon, is nearly £6miiion, 20 times the regional average
Durham House, Durham, is £2.3million and is 20 times the price of the area’s average house
Aspen House, Chigwell, Essex. costs a cool £15million and is 44 times the average property
At the other end of the scale, inequality is at its lowest in Orkney and Shetland, where the most expensive property for sale is £595,000, just three times more than the region’s average of £183,000.
The research was carried out by Just Move In, who describe themselves as the UK’s number one home setup specialists.
Co-founder Ross Nichols said: ‘It’s fun to look at the most expensive houses nearby and dream of what might be, but these results show the inequality across the property market.
‘Most people think of London having the most expensive properties, so it’s surprising that a far-flung destination like Angus in Scotland has the biggest “Mansion Gap” in Britain.
‘If you’re moving house and not buying a mansion, it’s worth seeing how much money you could save by switching to better products on your home services with Just Move In.’
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