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GOVERNMENT / THE ELITE -
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UK boasts world's 'priciest home'

Posted in the database on Sunday, August 07th, 2005 @ 01:31:55 MST (2385 views)
from BBC News  

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Nearby facilities include racing at Ascot and polo at Smith's Lawn

An English mansion, which is on the market for more than £70m, has been named as the most expensive property in the world.
Updown Court, in Windlesham, north Surrey, has 103 rooms and sits in a 58-acre estate.

It also boasts more guest accommodation away from the main building, a private helipad and five swimming pools.

Forbes.com put the mansion at the top of its list of "the priciest residences on the planet" which are for sale.

The business and finance specialists surveyed the five most expensive properties on each continent, through property listings and contact with brokers and owners.

Updown Court - what is on offer
22 bedroom and bathroom suites
Gate lodge and estate
Private cinema
Bowling alley
Squash and tennis courts
Stables
Heated marble driveway
Underground garaging for eight limousines

Marketing agents Savills and Hamptons International described Updown Court as "the most important private residence to be built in England since the 19th Century".

Forbes said the home was "totally over the top".

It was built in 2000 on the site of an earlier property owned during the 1970s by His Highness Prince Sami Gayed of Egypt.

Forbes said neighbours included the Queen at Windsor Castle and Sir Elton John.

Updown Court was said to be $50m (£28m) more expensive than the priciest American residence on the list.



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