This tells you all you need to know about London's crazy property prices...
Property buyers in Kensington & Chelsea and Westminster spent more on stamp duty than Scotland, Wales and the north of England - combined!
Figures released by HM Revenue & Customs showed a staggering £487m worth of stamp duty was generated by the purchase of residential properties in Westminster in 2014-15, with a further £451m coming from sales in Kensington & Chelsea.
That compares with £270m in the whole of Scotland and £105m in the whole of Wales.
The north-west of England - including Liverpool and Manchester, as well as the leafy Cheshire towns that house the majority of the region’s Premier League stars - generated £290m.
Eight of the top 10 local authorities were London boroughs, with Hammersmith & Fulham pulling in £135m and sitting fifth in the table, and Richmond lying seventh with £116m.
The figures dwarf those of some of the biggest cities in the UK outside of London. Stamp duty paid in Manchester was £17m, and £11m in Liverpool.
Residential sales made £205m in stamp duty in Yorkshire & Humber, and £70m in the North East.
Stamp duty is currently paid on all property transactions above £125,000.
The rate is 2% up to £250,000, 5% up to £925,000, 10% up to £1.5m and 12% on anything above that.
