How much is Buckingham Palace worth?
Credit:Sylvain SonnetThe Image BankGetty Images
Q:

How much is Buckingham Palace worth?

A:

Quick Answer

Forbes notes that in 2012, Buckingham Palace was estimated to be worth approximately $5 billion. According to Forbes, real estate firm Savills noted that no property of Buckingham Palace's historical significance, period features and caliber has ever been listed in Central London, potentially making the palace "priceless."

 Know More

Full Answer

Forbes notes that properties also located in Central London sold for approximately 7,000 GBP per square foot in 2012, a figure used to help estimate the value of the palace. Buckingham Palace has 775 rooms, including 52 bedrooms and 188 staff bedrooms. The palace is owned by the British nation for use by the Royal Family.

Learn more about United Kingdom
Sources:

Related Questions

  • Q:

    Who is Bonnie Brae?

    A:

    Bonnie Brae is not the name of a person, but instead refers to a popular neighborhood in Denver, Colorado. The Bonnie Brae neighborhood was established by the Associated Industries Company owned by George W. Olinger in the early 1920s and still exists in Denver as a historical landmark.

    Full Answer >
    Filed Under:
  • Q:

    What are the natural resources of Great Britain?

    A:

    Great Britain has a variety of geological natural resources, including coal, natural gas, petroleum, limestone, chalk, salt, iron ore, slate, clay, zinc, tin, silver, gold and lead. Arable land is also an important natural resource. Twenty-five percent of Great Britain's land is used for farming, and 46 percent is pasture land used for grazing livestock.

    Full Answer >
    Filed Under:
  • Q:

    Where is Belfast located?

    A:

    Belfast is located in Northern Ireland, a region of the United Kingdom on the island of Ireland. It is the capital city of the region. As of 2014, Belfast's population was 274,678, making it the largest city in Northern Ireland.

    Full Answer >
    Filed Under:
  • Q:

    What does Britain import and export?

    A:

    Britain’s imports include crude petroleum, cars, refined petroleum, packaged medicaments and computers, and its exports include cars, refined petroleum, crude petroleum, packaged medicaments and gas turbines. Britain is the leading exporter of diamonds, liquor, antiques, radioactive chemicals, appliances, stainless steel, scrap nickel and scrap lead.

    Full Answer >
    Filed Under:

Explore