This is according to a new report from property platform Rightmove, which also reveals that just over 5% of UK property for sale is now priced in the £1m or more bracket compared with slightly under 3% in 2019.

The analysis examined homes for sale between January and April 2025 and then compared those figures against the same four months in 2019.

Compared with before the pandemic, Cornwall has seen the biggest increase in the number of £1m-plus homes for sale. The number of properties in this bracket has more than tripled (+246%) in six years. Uttlesford is second (+233%) and Somerset is third (+226%).

As expected, London has the largest number of million-pound homes for sale, with Westminster, Kensington & Chelsea and Wandsworth topping the list.

Mole Valley has emerged as the area which is increasingly becoming a million-pound market for buyers. Over a fifth (22%) of homes for sale in Mole Valley are priced at £1m or more, an increase of 12% in six years.

The London Borough of Richmond has become the latest area to reach an average asking price of over £1m for the first time. The average asking price for a home in the Borough of Richmond is now £1,106,981.

Rightmove’s report shows that back in 2019, there were 30 areas outside of London with an average asking price of £1m or more.  Since then, that number has more than doubled to 66.

Commenting on the data, Rightmove’s property expert Colleen Babcock said: “The surge in £1m homes for sale across Great Britain is substantial. Since 2019, we’ve seen the number of million-pound homes for sale double, with over 5% of the market now priced at a million pounds or more.”

She added: “The number of areas outside of London where the average price is a million pounds or more has also more than doubled, showing that the million-pound mark is becoming more common in various locations.”