Research on house prices in Great Britain has shown that Angus, Scotland has the largest gap between the area’s median house cost and its most expensive property.
The so-called ‘Mansion Gap’ in the rugged region is so big because of its most expensive property, the £11 million Careston Castle.
That sprawling home – which also boasts more than 1,500 acres of land – costs over than 72 times the price of the region’s average home of £157,026.
It pipped Westminster into being the second most unequal region, where the priciest home for sale is a £54 million Mayfair townhouse.
The ‘Mansion Gap’ refers to the difference between the highest priced house and the average price.
£11 million Careston Castle in Angus is the reason why area tops the price gap list
The Lanson building in Chelsea costs £18million, around 30 times the average for the area
The property features 12 bedrooms and measures 1,348m2, which is 14 times more than the average 92-square-meter home.
It boasts one area’s largest private swimming pool, a fitness studio and spa pool, sauna, and private screening room.
Gwent, Surrey and Essex are all included in the top ten most unequal areas of Britain.
The most expensive homes in England are 23 times less than the average home, 16 times more in Wales and 13 times more in Scotland.
The Chanters House, Ottery St Mary, Devon, is nearly £6miiion, 20 times the regional average
Durham House, Durham, is £2.3million and is 20 times the price of the area’s average house
Aspen House, Chigwell, Essex. costs a cool £15million and is 44 times the average property
At the other end of the scale, inequality is at its lowest in Orkney and Shetland, where the most expensive property for sale is £595,000, just three times more than the region’s average of £183,000.
The research was carried out by Just Move In, who describe themselves as the UK’s number one home setup specialists.
Ross Nichols, the co-founder, stated that while it’s fun to imagine the best houses in the neighborhood and imagine what might be, these results also show the inequality of the property market.
‘Most people think London has the most expensive properties. So it’s not surprising that Angus, Scotland, has the largest “Mansion Gap”.
“If you’re moving house but not buying a home, it’s worth looking at the savings you could make by switching to Just Move In’s better products for your home services.
| Country | Region | Where | Price | The average price in each region |
|---|---|---|---|---|
| Scotland England Wales England England England England England England England |
Angus Westminster Gwent Surrey Camden Essex Barnet Hampshire North York Northants |
Careston, By Brechin Upper Grosvenor Street Glen Usk Road Westbrook Hill, Elstead Merton Lane in London Aspen House in Chigwell Winnington Road Pound Green, Hampshire Sheriff Hutton Park Estate Steane Park |
£11,300,000 £54,500,000 £6,500,000 £25,000,000 £40,000,000 £15,000,000 £23,000,000 £15,000,000 £10,000,000 £9,000,000 |
£157,026 £898,011 £112,887 £477,123 £818,260 £338,373 £536,926 £350,447 £247,443 £256,153 |