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Most expensive royal estates, palaces and castles – which royal residence tops the list?

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Some residences are massive castles that cost billions of pounds to maintain, and some are not as expensive, smaller cottages out in the countryside. Buckingham Palace is the most expensive royal residence and is the official home of Queen Elizabeth. Buckingham Palace is one of the most well-known royal residences in the world and is as expensive as royal fans would expect.

Worth an estimated £5billion, the palace was built in 1703 and has been renovated and updated several times in the centuries since.

Located in the heart of London, it has become just as much a tourist attraction as it is a royal home.

Prior to the pandemic, Queen Elizabeth was largely based at Buckingham Palace, greeting important diplomats, politicians, and other guests there.

The second most expensive royal residence is estimated to be Kensington Palace, also in London.

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Another popular tourist spot, Kensington Palace is located in the heart of London, not far from Buckingham Palace.

Home to countless royals over the centuries, it remains one of the most popular residences for Royal Family members.

The birthplace and childhood home of Queen Victoria, Kensington Palace was built in 1605 and is worth an estimated £600million today.

Several royals reside in Kensington Palace and on its grounds, the most notable being Prince William and the Duchess of Cambridge.

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The Duke and Duchess of Cambridge, with their children Prince George, Princess Charlotte and Prince Louis, reside in the 20-room Apartment 1A when they are staying in London.

The third most expensive royal residence, Windsor Castle, has long been the ‘second home’ of the British Royal Family.

Built in 1070, it was the inspiration for the Royal Family’s House Name of Windsor, which King George V chose in 1917 during World War I.

Now it is estimated to be worth £235million as the Queen’s favourite residence, and it is the longest-inhabited royal castle in the world.

Queen Elizabeth II and the late Duke of Edinburgh spent most of 2020 in isolation at Windsor Castle, relocating there in March when the coronavirus pandemic began. They left briefly for Balmoral Castle before returning.

The Duke of Edinburgh was buried within the castle grounds in April 2021, having returned to Windsor after spending a month in hospital.

Sandringham House, the fourth most expensive royal residence, is steeped in royal history and remains the favourite Christmas location of Queen Elizabeth.

Built in 1870, it is one of the newer royal homes and is located on a 20,000-acre estate in Norfolk perfect for horse riding and hunting. The home is worth an estimated £158million.

Each year most of the senior royals congregate at Sandringham House for Christmas celebrations with the Queen. There they spend time privately with the extended Royal Family. On Christmas Day they all attend a holiday service at St Mary Magdalene Church in Sandringham.

Balmoral is where Queen Elizabeth has spent her summers at Balmoral Castle for many years, but this year’s trip was her first trip to the Scottish estate since Prince Philip died in April.

Balmoral Castle is in Aberdeenshire, Scotland. Bought for Queen Victoria by her husband Prince Albert in 1852, the residence was first built as an estate in 1390.

Over the centuries it has grown into a sprawling castle and is now worth around £139,000, making it the fifth most expensive royal residence. Balmoral Castle has long been a holiday favourite for the royals, serving as their summer escape.



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