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The data shows that £171.7bn worth of residential property was sold last year.
Westminster noted the greatest monitory value of sold residential properties across England and Wales last year at £2.9bn in 2020.
Kensington and Chelsea followed with £2.7bn worth of property sold and Wandsworth with £2.5bn.
Cornwall is the most valuable market outside of the capital, with £2bn worth of properties sold in the area.
This was followed by Birmingham, which recorded £1.8bn in property sales throughout 2020.
Ben Taylor, chief executive of Keller Williams UK, said: “Despite the radical market turn around spurred by the reopening of the property sector and the introduction of a stamp duty holiday, COVID-19 has clearly had a lasting impact on the market in 2020.
The properties, sold across England and Wales, had an average price tag of £1,333,286.
London accounted for 58% of all transactions above the £1m threshold in the last 12 months.
In contrast, Wales and the North East accounted for 0.2% of homes, which sold for £1m or more.
While the Yorkshire and Humber region accounted for just 1% of all transactions above £1m, it was home to the highest average sold price at £1.544m.
The data also showed that 16 of the top 20 local authorities to have seen the greatest number of transactions on properties valued at £1m or more were located in the capital.
Westminster saw the highest number of homes sold for £1m or more of all local authorities, with 876 transactions.
How much is Bridget Jones’s flat worth today?
While Bridget’s flat may look messy and dingy in the films, the flat would actually be worth a huge amount today.
Back in the early 2000s, Borough Market wasn’t quite the hub of activity it is today.
The flat, located above a pub, would have sold for around £190,000, according to Time Out Magazine.
Bridget Jones s home: Above the fireplace, a round mirror can be seen along with framed photos (Image: YOUTUBE Universal Pictures)
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However, nowadays, the flat would be worth almost ten times that according to an estate agents.