The number of homes for sale in Great Britain priced at one million pounds or more has doubled since 2019, according to a report from Rightmove.
Over 5% of homes for sale are now listed at a million pounds or above, up from just under 3% six years ago.
Cornwall saw the biggest rise, with the number of million-pound homes for sale more than tripling.
Cornwall was up by 246%, followed by Uttlesford at 233% and Somerset at 226%.
London still has the most million-pound listings, with Westminster, Kensington & Chelsea, and Wandsworth seeing the highest numbers.
Mole Valley has seen a notable shift, with 22% of its homes for sale now in the million-pound bracket, up by 12% since 2019.
The London Borough of Richmond reached an average asking price of over one million pounds for the first time, now standing at £1,006,981.
Additionally, there were 30 areas outside London with an average asking price of a million pounds or more in 2019.
By 2025, that number had more than doubled to 66.
Toby Leek, president of NAEA Propertymark, said: “The popularity and desire for our London capital remains strong, and with that comes increasing house prices, particularly in certain ‘high-value’ pockets such as Kensington and Chelsea.
“However, with huge social and economic changes happening, especially over the past decade, trends have shifted, meaning homeowners are looking for varying characteristics and locations, making rural, seaside and picturesque outer London areas much more appealing.”
