Zoopla.co.uk: Kate Middleton's Royal Property Trade-Up

By Zoopla, PRNE
Tuesday, April 26, 2011

LONDON, April 27, 2011 - According to Zoopla.co.uk, Will and Kate's first official residence will
be valued at over GBP47 million, a significant upgrade for the bride-to-be
who will be moving from a five bedroom home in Bucklebury.

Despite her very comfortable upbringing, Kate Middleton is
about to make a trade-up in the property stakes unlike any other bride-to-be,
as revealed by research from leading property website (
www.zoopla.co.uk/) Zoopla.co.uk.

Following their wedding, William and Kate will make Clarence
House
in central London their first official home. Spanning over 40,000 sq
feet in SW1, the property is currently valued at over GBP47m according to
Zoopla.co.uk, which provides free value estimates of every home in the
country. And despite the young royals being the same age as the average
first-time buyer (29 years old), their first marital digs will be worth 343
times the average newlywed starter-home (GBP137,000) in Britain.

Having the use of Windsor Castle, valued by Zoopla.co.uk at
GBP171m, as a weekend country retreat is also beyond the wildest imagination
of most young couples. With over 1,000 rooms and running to more than 484,000
sq feet, Windsor Castle is the world's largest occupied castle and comes with
its own park and chapel.

Whilst the success of Kate's parents' mail order business has
afforded them a five bedroom home worth a good deal more than the UK average,
Kate will be moving out of the family home in the village of Bucklebury and
trading up substantially from a property perspective in the coming weeks.
Average house prices (www.zoopla.co.uk/house-prices/) on The Avenue,
where her parents live, are currently GBP790,951 and range from cottages
worth GBP470,000 to detached houses worth more than GBP1.5m, making it one of
Bucklebury's most expensive streets.

When the future King William and Queen Catherine finally take
up permanent residence at Buckingham Palace in due course, they will occupy
the world's most valuable residential property, currently valued at over
GBP982m by Zoopla.co.uk. With 600 rooms, including 19 state rooms, 52
bedrooms, a cinema, swimming pool, helipad and its own post office and police
station, it is the planet's ultimate pad and perfect for what many hope will
be a growing family.

But, despite the jaw-dropping values of their property
portfolio, the royal family has not been immune to the property market
downturn and has seen the values of its various property assets fall over the
past few years along with the rest of country. Buckingham Palace has fallen
in value by GBP95m (8.8%) over the last 3 years, whilst Windsor Castle and
Clarence House have each lost GBP27m and GBP4.5m in value respectively over
the same period.

Nicholas Leeming, Business Development Director at
Zoopla.co.uk, commented: "Kate is certainly the envy of many, not only
landing her Prince but also getting a dream property portfolio at the same
time. Luckily for the young royal couple, they will not need to secure a
mortgage before moving into their new home (
www.zoopla.co.uk/new-homes/), as even they might find it a challenge
in the current lending climate and on William's RAF salary."

About Zoopla.co.uk

Zoopla.co.uk (www.zoopla.co.uk/) is the UK's most
comprehensive property website, focused on empowering consumers with the
resources they need to make better-informed property decisions. We help our
users make sense of the residential property market by combining property
listings with market value data, local information and community tools.

Zoopla.co.uk was founded on the principles of transparency and
efficiency and everything we do aims to make the market more effective for
both property consumers and professionals alike. Our mission is to provide
the most useful online property experience by:

- displaying property listings along with value and price
trend information

- providing rich property data and local market information in
one place

- enabling users to search for property in a variety of
customised ways

- allowing users to engage with professionals via our tools
like AskMe!

- building relationships between home owners and local estate
agents

By combining free, instant value estimates for every UK home
with sold prices, local market information and hundreds of thousands of
properties available for sale and to rent, Zoopla.co.uk has become the
ultimate destination for property consumers to search for property and do
their market research. We are the UK's fastest growing property website and
are proud to have been named 'Best Property Portal 2009' (Daily Mail UK
Property Awards).

Our unique features, like AskMe!(TM) and TemptMe!(TM) allow
users to gain an insight into the market and discover information they won't
find anywhere else. And our AskAnAgent feature has rapidly become one of the
most valued sources of vendor leads for UK estate agents. We calculate our
value estimates using a proprietary algorithm (secret formula) that
continuously analyses millions of data points relating to property sales and
home characteristics throughout the UK. Our estimates are constantly refined,
using the most recent data available and a variety of methodologies, in order
to provide the most current information on any home.

Zoopla Ltd is a privately held company with a highly
experienced and proven management team, backed by well-respected angel
investors and leading venture capital firms Atlas Venture (
www.atlasventure.com/) and Octopus Ventures (
www.octopusventures.com/default.html).

Lawrence Hall at lawrence.hall at zoopla.co.uk or on +44(0)20-7620-4618

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