Synergy Client Solutions was impressed to learn that Britain’s properties are worth a total of £5 trillion, with the South West being the third most valuable region.
Property in Britain has always been a valuable investment particularly in the south of England. A report by the website PrimeLocation.com has calculated the property wealth of the UK’s counties and regions. Bristol-based Synergy Client Solutions was thrilled to learn that as a region the south west was the third wealthiest with total property valued at £488.3 billion.
Synergy Client Solutions, a customer acquisitions company, was unsurprised to learn that there was a clear North-South divide. The website also counted the property wealth per head of the UK’s counties and the top ten spots were exclusively taken up by those in the South of England.
When the total property wealth for the UK’s regions was calculated the figures were staggering.
1. South East (£1.6 trillion)
2. London (£1.0 trillion)
3. South West (£488.3 billion)
4. East (£482.5 billion)
5. West Midlands (£367 billion)
6. East Midlands (£336.1 billion)
7. Scotland (£322.1 billion)
8. Yorkshire & Humberside (£300 billion)
9. North West (£253.9 billion)
10. Wales (£223.3 billion)
11. North East (£162.9 billion)
A representative of Synergy Client Solutions believes that the figures are encouraging. “At Synergy Client Solutions we’re relieved to see that property is still such a strong market. Of course we’re particularly delighted that our home region where we're based in Bristol is doing so well but generally around the country things are looking positive.
As a company that specialises in utility-funded home insulation sales we’re aware of the quality of homes in our region so it’s no surprise that the value of property is going up and up. Property has always been a solid investment in the UK and we hope that it will continue to be a great financial security to people around the country.”