The current market value of foreign-owned homes across England stands at an estimated £84.2 billion with London accounting for £43.9 billion.

Jefferies London analysed estimates of foreign homeownership across England, alongside average house price data, to calculate the estimated total market value of foreign-owned housing stock at both regional and local authority level.

The research shows that across England, foreign-owned homes are now worth a combined £84.2 billion.

While this ownership is spread across every region, London remains the dominant force, accounting for more than half of the national market value.

Beyond the capital, the South East (£15.1 billion) and the North West (£7.3 billion) represent the next most valuable regions for foreign-owned housing stock, followed by the East of England (£6.0 billion).

London’s prominence is also reflected at local authority level.

Fourteen of the 20 most valuable markets for foreign-owned housing stock are located within the capital, underlining the scale of international investment concentrated in its boroughs.

The City of Westminster ranks first, with £6.3 billion worth of foreign-owned housing stock, followed by Kensington and Chelsea with £5.1 billion)

Tower Hamlets ranks third (£3.74bn), while Wandsworth (£3.13bn) also places among the most valuable markets. Hammersmith and Fulham (£2.47bn) and Hounslow (£2.06bn) both remain above the £2bn mark, with Camden close behind (£2.00bn).

Outside of the capital, Buckinghamshire ranks as the highest placed non-London authority and sits within the overall top five at £2.98bn.

The North West also features strongly, with Manchester (£1.42bn), Salford (£1.26bn) and Liverpool (£1.25bn) all ranking within the top 20 most valuable markets, along with St Albans (£796m) and Birmingham (£923m).