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A lone balcony in South Kensington, London, is on the market for $63,700. The listing agent told Insider that the property is a reflection of London's housing market. But an apartment isn't included in that price, the property's listing agent told Insider. Jacobs told Insider that the agency has received around 220 inquiries about the balcony since it was put on the market three weeks ago. Meanwhile, the average London property increased by 0.8% from £521,561, or around $664,990, in May 2022 to £525,629, or around $670,176, in May 2023, the report added.
Persons: Glenn Jacobs, Jacobs, It's, Prince William, Kate Middleton's, Peter Dazeley, Robert Gardner Organizations: Service, Next, Evening, Google, Nationwide Building Society, Government Locations: South Kensington, London, Wall, Silicon, Stanhope, Next Lome, Harrods, Kensington
Vladimir Gruzdev is a Vladimir Putin ally whose net worth was estimated to be $900 million in 2021. His 8-year-old daughter owns a London apartment that could be worth $5 million to $10 million today. Vladimir Gruzdev made his name as a grocery-store tycoon before starting a career in politics, which won him special recognition by Putin in 2010. The apartment was purchased for £2.3 million in 2000 through a company based in the Cayman Islands, where the tax rate is 0%. One property-valuation website suggests it could be worth over $10 million, but its actual value on the open market is unclear.
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