Almost 200 homes in London have been sold for £10m in the past year as the super-rich’s pandemic-inspired desire for a place in the country wanes compared to their wish for swish bolt-holes in the capital. A total of 175 homes were sold for £10m-plus in the 12 months to November 2023, the highest number for eight-years, according to research by the estate agent Knight Frank. In 2014, when high-end sales leapt just before the introduction of higher rates of stamp duty for properties above £1m , 225 £10m-plus home were sold. More than £3.4bn was spent on the properties, referred to as “super prime” by estate agents. That’s the…
