An Israeli diamond merchant has set the record for the most expensive new single family home sold in Britain with his purchase of a Palladian mansion in a northern district of London for approx. $70 million dollars.
Note that this appears to be a new record for new, single-family construction. The reported sale late last year of a new London penthouse unit at One Hyde Park for $200 million to Sheikh Hamad of Qatar still appears to hold the record as the most expensive residential property sold in London and the world. This sale bumped the previous record set by the $128 million purchase of a London residence by oil magnate Lakshmi Mittal.
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