Apr 16, 2009

House Price Comparisons

Christchurch most expensive house is reputed to be a $12 million McMansion by the Dudley Stream in suburban Shirley. But if you thought that local real estate values were still over valued in the current recession, then take a look at this terraced London number.

Situated in snooty Belgrave Square, with 12 bedrooms, 20ft ceilings, an indoor swimming pool in the basement, a gym and a home theatre, the house has been recently renovated by its Lebanese owner. It's just been sold for the equivelant of $258,370,000 Godzonian spondulicks.

1 comment:

kuaka said...

divide by 2 for valuation in real money...