The sale of a house in London has sold for £2,495.
This is less than the £2.25 million price tag, but the price is still more than any other house sale in the city in recent memory.
The house was previously owned by one of the wealthiest individuals in the country, the son of a prominent member of the royal family, the Daily Telegraph reports.
The property was previously on the market for £5 million, according to the Daily Mail.
The new sale price of £2.,495 includes a 25% tax on the sale price.
It’s a huge bargain.
We think the average house sale price in the UK is around £2 million.
This house sale comes at a time when house prices are starting to fall for many British households, according the Property Observer.
However, the average price in London is currently around £1.6 million.
The UK’s largest house sale ever was on October 20, 2016, when the Price Rise house sale was held at an average price of around £700,000.
The total price of the house sale is expected to rise further in the coming months as the population of London continues to increase, according Property Observer, citing figures from London’s Office of Housing.
The average price per square foot in London increased from £1 per square yard to £1 to £2 per square, according Rentrak.
The price increase comes as the number of homes sold across the UK continues to fall, according Rents.com.