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Rich Russian buys Britain's most expensive home

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Rich Russian buys Britain's most expensive home

Britain’s most expensive home has been bought by a super-rich Russian oligarch, for a ballpark figure of £140 million.

The price paid for the 18th century country house, located in Oxfordshire and once owned by King George II’ son, has set a new record for Britain’s most expensive home.
Park Place, which has 27 bedrooms, is set in 200 acres of land that back onto the Thames near Henley.
Recently, a significant outflow of capital from Russia has seen wealthy Russians splashing out on foreign property – Russia’s richest man Vladimir Lisin, worth £15 billion, has a castle in Scotland.
The price of the Grade-II listed house has risen enormously over recent years – in 2007 it was purchased by property developer Mike Spink for £42 million, which was a record purchase price for a property outside of London, reports the Mail Online.
Whilst the Russian buyer remains anonymous, the price paid for the house suggests that the high end of the property market is still ‘buoyant despite the global economic crisis’ according to The Telegraph.



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