How much for Buckingham Palace? 1.3 billion pounds in the heated UK market

How much for Buckingham Palace?  1.3 billion pounds in the heated UK market

Buckingham Palace or any royal palace is not the private property of the House of Windsor. (File)

If you want to live like a royal, Buckingham Palace will cost you 3 1.3 billion ($ 1.6 billion).

According to a new study by McCarthy Stone, how much will a 775-room London residence cost to sell? It has been more than িয়ন 100 million since before the epidemic because the UK monarchy also benefits from a heated housing market.

The total value of the UK’s royal property portfolio – which includes castles and lodges across the country – reached 7 3.7 billion in 2022, according to estimates by retiree property developers. This is an increase of 460 million pounds since 2019.

If the ten-figure seems a bit steep for a house in London, McCarthy Stone also calculated that Buckingham Palace could be rented for 6 2.6 million a month if the royal family ever wanted to rent it. Estimates are based on reviews of each property size, number of rooms and locations.

Not that any of the properties under review will be put up for sale or rent. The royal palaces are not the private property of the House of Windsor. Rather they are UK property and credible for future generations.

The study comes in the wake of the UK’s preparations for the Queen’s Platinum Jubilee celebrations next week.

(Except for the title, this story was not edited by NDTV staff and was published from a syndicated feed.)

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