Around one in every 20 homes for sale in Britain is now priced at £1 million-plus, according to a property website.
Rightmove said the number of homes for sale at a seven-figure price point has doubled in the past six years.
It recorded a 103 per cent increase in homes at this price point between January and April 2025, compared with the same period in 2019.
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Just over five per cent of homes for sale across Britain are now priced at a million pounds or more, compared with just under three per cent in 2019, Rightmove said.
The Cotswolds has been named among the areas with the biggest increases in the proportion of million-pound properties for sale.
This is according to Rightmove and considers the proportion for sale at this level in 2025 compared with 2019.
The area has seen a rise from six per cent to 14 per cent during that period, seeing it rank alongside the likes of Richmond in London, Tunbridge Wells and St Albans.
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Colleen Babcock, a property expert at Rightmove, said: “The surge in million-pound homes for sale across Great Britain is substantial.
“Since 2019, we’ve seen the number of million-pound homes for sale double, with over 5% of the market now priced at a million pounds or more.
“This isn’t just happening in London; places like Cornwall, Uttlesford, and Somerset are also seeing big jumps in the number of high-value properties.
“Mole Valley is a standout, with 22% of its homes for sale now in the million-pound bracket.”