This week’s housing news: 2 property price records broken in a week
As house prices continue to rise, this week has seen two UK housing records broken, with the most expensive council house ever selling for £2.96m and the UK's most valuable repossessed property going on the market for £30million.
November 1, 2013
The 8,000 square-foot home was owned by a Pakistani politician but was seized after a battle in the British High Court. The owners had taken a £50million with Deutsche Bank, which fell into default after the value of the property sank.
Barnet Council has granted planning permission for the house to be replaced by a huge 46,000 square-foot mansion with 21 bedrooms, 14 bathrooms and 12 reception rooms and 1.5 acres of gardens.
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