People across the UK will soon be celebrating the Queen's Platinum Jubilee across four days starting on June 2 and lasting until June 5.
As the big celebrations approach, a new study has revealed that the royal family member has quite the property portfolio with the value said to be worth more than £3 billion and perhaps closer to four with an estimated figure of £3.7 billion as of this year.
Carried out by retirement property experts McCarthy Stone, the study noted that the Queen has a number of castles, palaces and luxurious lodges across England, Northern Ireland, Scotland, and Wales.
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According to Hull Live, Buckingham Palace, is unsurprisingly the priciest on the list standing at an estimated at £1.3 billion.
Second on the list is St James’s Palace located in Westminster followed by Windsor Castle which are said to be worth £600 million and £50 million, respectively.
Taking the fourth spot is Kensington Palace - home to Prince William and Kate who reside in Apartment 1A - said to be worth £558.2 million followed by London-based Clarence House coming in at £298.3 million marking the end of the lists top five properties.
For Scots keen to know the value of Balmoral Castle, the property came seventh on the list at £60.3 million.
Alastair Pegg, marketing director at McCarthy Stone, said: “As we mark this special occasion nationwide, we wanted to highlight where the nearest royal residences can be found around the country.
"We all like to indulge in window-shopping when it comes to properties and applying this concept to the royal property portfolio was a fun way to peek inside a different world."
Estimated values of the Queen's most most expensive UK properties
| |
Royal property |
Estimated cost to buy |
Average property cost in the location |
Estimated cost to rent (PCM) |
Average UK wage after tax |
Years needed to save for 15% deposit on UK’s average wage after tax |
1 |
Buckingham Palace |
£1.3bn |
£799,974 |
£2.6m |
£24,580 |
7,933 |
2 |
St James’s Palace |
£600m |
£799,974 |
£1.7m |
£24,580 |
3,661 |
3 |
Windsor Castle |
£580m |
£538,057 |
£1.7m |
£24,580 |
3,539 |
4 |
Kensington Palace |
£558.2m |
£799,974 |
£179,400 |
£24,580 |
3,406 |
5 |
Clarence House |
£298.3m |
£799,974 |
£89,700 |
£24,580 |
1,820 |
6 |
Hillsborough Castle |
£70m |
£159,151 |
£72,700 |
£24,580 |
427 |
7 |
Balmoral Castle |
£60.3m |
£198,880 |
£500,000 |
£24,580 |
367 |
8 |
Sandringham House |
£55.1m |
£277,321 |
£78,300 |
£24,580 |
336 |
9 |
Palace of Holyrood House |
£55.1m |
£310,281 |
£165,000 |
£24,580 |
336 |
10 |
The Royal Lodge |
£35m |
£538,057 |
£54,000 |
