Million-pound properties account for almost 3 per cent of the nation's housing stock

Nearly 770,000 households across Britain are now "property millionaires", analysis has found.

There are now 768,553 homes across Britain valued at at least £1m - accounting for 2.7 per cent of the nation's housing stock, according to website Zoopla.

This is a jump of 22.95 per cent or 143,476 more property millionaires since August 2016 when the data was previously analysed.

With large concentrations of property millionaires in London and the South East of England, the research found there are more than double the number of million-pound properties in Guildford, Surrey than there are across the whole of Wales.

Guildford was identified as the top million-pound property hotspot outside London, with 5,889 homes there valued at £1m-plus.

Here are how property millionaires are clustered across Britain, according to Zoopla's estimates:

1. London, 430,720

2. South East England, 180,397

3. East of England, 69,840

4. South West England, 33,717

5. North West England, 12,552

6. West Midlands, 12,219

7. Scotland, 11,101

8. East Midlands, 6,845

9. North East England, 4,835

10. Yorkshire and the Humber, 4,103

11. Wales, 2,223

And here are the top 10 post towns excluding London with the highest numbers of million pound properties, according to Zoopla:

1. Guildford, 5,889

2. Cambridge, 5,530

3. Reading, 5,421

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