Wednesday 6 June 2012

The Press Association: Surrey richest county in property

The Press Association: Surrey richest county in property

Surrey is the richest county in the UK when it comes to property, according to a survey.
Its homes have a total value of almost £288 billion, representing 5.1% of the UK's £5.6 trillion overall property wealth.
Surrey also has the most property wealth per head at £255,125 each, according to property website PrimeLocation.com.
Its list sees southern counties dominate, with Dorset in second place with property per head totalling £207,220, Buckinghamshire third with £198,490 and East Sussex fourth with £196,300.
Nigel Lewis, property analyst at PrimeLocation.com, said: "Property wealth per head is driven by one key factor - demand.
"Homes in and around the capital will always be sought-after because of the increased population density in the South and its better employment opportunities."

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