Highgate Garage Sold For £251,000, More Than Average UK House

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A double garage unit in north London was sold for £251,000 at an auction on Wednesday, putting it at a level well over the price of an average British home.

The unit, on Crouch Hall Road in the leafy suburb of Highgate, includes two lock-up garages and was sold for over three times its £80,000 guide price.

The sale took place at a McHugh & Co auction held at the British Academy Of Film & Television Arts (BAFTA) in Piccadilly, Estates Gazette reports.

In contrast to the Highgate garden's £251,000 pricetag, the average cost of a British home is just £169,624.

However, the garage unit is still cheaper than the Chelsea parking space which was put on sale for £300,000 in August.

19 Wilton Crescent, Westminster: £25m

Most Expensive UK Property Sales In Q2 2013

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