The report by London based global wealth consultancy WealthInsight looked at how many millionaires live in each UK town. For the purposes of the study, ‘millionaires’ – otherwise known as high net worth individuals (HNWIs) – refers to those individuals with net assets of £650,000 or more, excluding their primary residences.
The report shows Windsor topping the list with more than 850 millionaires and Beaconsfield 4th with more than 450 millionaires, followed by nearby Thames Valley towns of Marlow, Henley, Bray and Ascot.
Beaconsfield’s high ranking is unsurprising as it has the highest average house prices outside London at £490,000 and the highest average income per household at £71,700. While Henley is noted as the town with the fastest growing population of millionaires, with a 25% rise in millionaires between 2007 and 2012. This compares with a general decline in UK millionaire numbers by 9% over that period.
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Rank | 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 |
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