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In the past five years, Britain has seen a 33% increase in million-pound homes, with a total of 702,580 properties now valued at £1 million or more. London led this surge, with 349,068 million-pound homes, while the rest of the UK experienced a 1% decline in such properties. Despite some regional variations, the return-to-work movement has driven increased demand for city living, resulting in 5,000 homes crossing the million-pound threshold in London in 2024.
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