how much is this central london house worth ?

[Colemans Left Hook]

a £55,000
b £555,000
c £5,555,000
d £55,555,000
e £555,555,000

no cheating

[Mike_F]

It's worth whatever someone is willing to pay for it.

Looks like some sort of embassy from the flag hanging outside. Bolivia?

Market value assuming it's Kensington & Chelsea or somewhere similar judging by the architecture etc. I'll go for answer D.

[Colemans Left Hook]

thanks for being the  first person to reply well done !
maybe I should have given more options  5 to 55 is a big jump

the answer is as you say actually 55 million pounds (strictly none of the above)

http://www.rightmove.co.uk/property-for-sale/property-54934451.html


7 bedroom terraced house for sale Eaton Square, Belgravia, London, SW1W
Guide Price  £55,000,000
+stamp duty of couse

You will have to pay £6,513,750.00 in stamp duty.  UNLESS YOU CAN DO A DODGE !! and do it in a company name (no need to use Panama - Delaware in the USA will do !!!)
So it's  now going to cost 61 million pounds

at ground level this is the same lower front as what morinhio lives in - I did intend to write a blog on this theme until I accidentally found this house which as I said looks similar at ground level

I googled the most expensive house for sale in London and as I said came up with the above

now on a thread (not his brexit "bully" thread) BST said

The demographic splits between the Leave and Remain camps are startling.

http://www.telegraph.co.uk/news/2016/06/22/eu-referendum-which-type-of-person-wants-to-leave-and-who-will-b/

Generally, there is a striking correlation between how young and highly educated someone is, and their likelihood to support Remain.

There is a very strong correlation between the paper someone reads and how likely they are to be in each of the camps.

That actually quite scares me. We are split down the middle on class, age and education lines. That's probably the cleavage between those who feel themselves to be part of the success of globalisation and those who feel that it has brought them nothing but trouble.

How you go about healing that, God only knows.

 shame he forgot to mention how people vote to "protect their house prices"

which by the way are artificially high - due to the world being "mostly" technically bankrupt
when the ten year long gilt - (lending money) actually is negative -- meaning they charge you to look after your money and you can't have it for 10 years -- yet some American investment/pension funds are or rather were til yesterday buying them

to summarise the main point of the thread is to show the "mind the gap" world that exists not only on the London underground

even I was shocked at 55 million

[Mike_F]

The referendum reflects the fact that London is effectively a country in itself with an economy all of its own and that is reflected perfectly in house prices.

If you browse the MoneySavingExpert house price for a you'll see a repetitive theme of people saying housing is unaffordable and youg people have no chance of getting on the ladder then replies from people saying "yes, in London that's broadly the case but on the whole housing is very affordable with mortgage payments considerably lower than monthly rent payments across the rest of the country".

It's ironic that the biggest percentage of out votes came in areas where the EU development fund has stepped in to fund regeneration projects that the London-centric UK government wouldn't entertain.

The result of the referendum could go either way in that regard. Will UK Gov finally wake up to the fact that their policies have made the rest of the country feel completely detached and neglected or will they carry merrily on sticking two fingers up to us, perhaps even more than before as some sort of retribution?

[Not Now Kato]

The referendum reflects the fact that London is effectively a country in itself with an economy all of its own and that is reflected perfectly in house prices.

If you browse the MoneySavingExpert house price for a you'll see a repetitive theme of people saying housing is unaffordable and youg people have no chance of getting on the ladder then replies from people saying "yes, in London that's broadly the case but on the whole housing is very affordable with mortgage payments considerably lower than monthly rent payments across the rest of the country".

It's ironic that the biggest percentage of out votes came in areas where the EU development fund has stepped in to fund regeneration projects that the London-centric UK government wouldn't entertain.

The result of the referendum could go either way in that regard. Will UK Gov finally wake up to the fact that their policies have made the rest of the country feel completely detached and neglected or will they carry merrily on sticking two fingers up to us, perhaps even more than before as some sort of retribution?

Come on Mike, you know the answer to that already. 

[Mike_F]

Yes. 'twas rhetorical, admittedly.