Surrey's homes are the most valuable in Britain

A new study has found that Surrey's homes are the most valuable in Britain, accounting for almost £287 billion.

PrimeLocation.com revealed that Britain has £5.6 trillion worth of property, with Surrey making up 5.1 per cent of this figure.

In terms of property wealth per head, the total stood at £255,125 for Surrey, with other locations in the south performing well.

Buckinghamshire lays claim to almost £99 billion of homes at £198,490 per head and East Sussex has £101.2 billion, at £196,300 per head.

The south east as a whole has a total property wealth of £1.6 trillion, with London at £1 trillion and the south west at £488.3 billion.

Nigel Lewis, property analyst at PrimeLocation.com, said: "Property wealth per head is driven by one key factor: demand. Homes in and around the Capital will always be sought after because of the increased population density in the south and its better employment opportunities."