The 10 richest small towns in Britain

Seven out of ten of the small towns with the most millionaires are located in the Thames Valley

Local residents include the the Queen and Elton John, so it's perhaps of little surprise that Windsor tops the table of the country's wealthiest settlements with fewer than 30,000 people.

The Berkshire town is closely followed by Weybridge and Sevenoaks, according to analysis by consultancy WealthInsight.

Eight out of ten of the small towns in Britain with the most millionaires are located in the South East. And seven of these are located in a pocket of wealth across the Thames Valley.

Alderley Edge and Hake are the only two places in the top ten that don’t count London as their nearest major city. 

“It is interesting to see that a couple small towns around Manchester also make the list. This reflects the affluent nature of the Cheshire area,” said WealthInsight analyst Andrew Amoils. 

But it's Henley that has the fastest growing wealth, as the number of millionaires living there increased by 25% between 2007 and 2012. The number of millionaires in the UK declined overall by 9% during this period.

Narrowly missing a place in the list were the Cotswold towns Burford and Chipping Campden, as well as northern towns Ponteland and Windemere.



Town
Region
Nearest Major City (Miles)
Population
No. of millionaires
1
Windsor
South East
London (17) 27000
850-900
2
Weybridge
South East
London (8)
19500
800-850
3
Sevenoaks
South East
London (24)
18500
800-850
4
Beaconsfield
South East
London (16)
12000
450-500
5
Henley on Thames
South East
London (30)
10600
400-450
6
Marlow
South East
London (21)
14000
350-400
7
Hale
North West
Manchester (7)
15300
300-350
9
Alderley Edge
North West
Manchester (14)
4400
300-350
9
Bray
South East
London (25)
4600
300-350
10
Ascot (incl. Sunninghill)
South East
London (14)
11600
250-300

The property market in table-topping Windsor has a bright future, according to Phil Warren from Fine & Country Windsor.

"Prices are increasing with a lot of interest coming from overseas buyers hoping for a slice of the Windsor lifestyle that is less manic than London," he commented. 

"There is also a quick turnaround when properties go on the market in the Windsor and Eton areas, usually 3 or 4 weeks."

 

This five-bedroom gated home in Windsor is on the market for £1.595million (Fine & Country)

The luxury home comes with a third of an acre of land



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As the amount of private wealth continues to grow rapidly in Asia, property prices in China’s largest city grew by more than 10% during 2012.