This press release is an in-depth study from WealthInsight to find the most affluent small towns and villages in the UK.
Verdict Staff May 10, 2013
From Country Manors to Millionaires’ Rows: Unveiling the Homes of the Wealthy
Please see press release below from Wealth Insight, the London based global wealth consultancy, which has embarked on an in-depth study to find the most affluent small towns and villages in the UK.
Press Release: the 10 most affluent villages in the UK
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We have only included towns with less than 30,000 people in our study so larger places such as Brentwood, Maidenhead and Wilmslow are excluded.
| Ranking | 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 |
| 8 | 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 |
Key Findings:
- Windsor tops the list with over 850 millionaires followed by Weybridge with over 800 millionaires.
- Towns in the London commuter belt dominate the top 10, although 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.
- Henley is the fastest growing town on the list with millionaire numbers there rising by 25% over the period between 2007 and 2012. This compares very well with general UK millionaire numbers which declined by 9% over that period.
- Alderley Edge is considered to be the most affluent town in the North West, particularly Whitebarn Road which is one of the most expensive streets in the UK.
- Beaconsfield’s high ranking is unsurprising as it has the highest average house price outside of London (over US$750,000 per home). It also has the highest average income per household of US$110,000.
- Towns that narrowly missed out on top 10 included: Burford, Chipping Campden, Dartmouth, Ilkley, Leatherhead, Lyndhurst, Pangbourne, Ponteland, Virginia Water and Windermere. These towns each have over 200 millionaires.
Definitions:
- “Millionaires” otherwise known as “high net worth individuals” or “HNWIs” refer to individuals with net assets of US$1 million or more excluding their primary residences.
- “Multi-millionaires” otherwise known as “ultra high net worth individuals” or “UHNWIs” are individuals with net assets of US$30 million or more excluding their primary residences.
- For the purposes of this report, the phrase “review period” relates to the years 2007-2012 and the “forecast period” relates to the years 2012-2017.
If you have any questions about this release, or would like more information, please contact us.
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By GlobalData
WealthInsight Press Team
press@wealthinsight.com
+44 (0) 20 3220 0818
