The Land Registry indicates that by far the biggest increase in £1m+ sales has been in London. Where the number of recorded sales at or above this threshold has risen by 80% since the 2006-07 period.

Across London, emerging prime areas 
have seen the biggest percentage growth in £1m+ sales. This has not just been confined to emerging prime markets in boroughs such as Hackney and Lewisham but also in parts of Southwark, Brent and Greenwich.

Smaller increases were recorded across 
the remainder of the South of England, while the markets of the Midlands, the North of England and Scotland are 
yet to return to the peak level of high 
value transactions.

The big winners have been prime urban areas such as St Albans, Bath, Brighton, Cambridge, Cheltenham, Oxford and Stratford upon Avon.

click on image below to enlarge

Taken from
Residential Property Focus Issue 1 2015