This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
No. 10’s Value Surges with Cameron
10 Downing Street’s value has spiralled since David Cameron came into power in the 2010 general election.
The property is now worth an estimated £6,312,292, a huge rise from the £4,574,831 it was allegedly worth when Mr. Cameron formed a coalition after failing to win an outright majority five years ago.
Figures, from the Daily Telegraphy and Zoopla, reveal that the iconic Georgian terraced home has experienced substantial growth in the last 36 years.1
The property was worth £860,562 when Margaret Thatcher came to power in 1979. This would have been a huge amount at the time, but would buy you just a small apartment in most of London today.
When John Major replaced Mrs Thatcher in 1990, No. 10 was worth £1,804,952. Seven years later, when Tony Blair took office, the home is estimated to have been worth £1,644,558.
The property has two dining rooms, a basement kitchen and a small private residence on the third floor.
1 http://www.estateagenttoday.co.uk/2298-no-10-shoots-up-in-value-under-cameron
