Research by UNCLE.
Popular Netflix drama, The Crown, has generated a great deal more interest in the day-to-day goings-on of the British Monarchy, but the show has also made stars out of the royal residences. Fans have been enthralled by the opulence of the sets which have also been inspiring interior design trends.
Although The Crown hasn’t been filmed inside any of the real royal properties, the film-sets themselves have given viewers a glimpse inside some of the most famous addresses in the UK. Through the show, we’re able to see what life is like inside these regal residences, from royal bedrooms to banquet halls.
So this got us thinking, how much it might cost to rent a royal palace, a regal castle or a majestic stately home in the UK countryside?
We’ve taken a look at some of the most famous and recognisable royal residences across the UK, from Buckingham Palace to Balmoral Castle, to uncover how much they might cost to rent each month – if they were ever to come on the rental market, that is!
Using floor plans of properties that are in close proximity to the royal homes, we were able to estimate an average rental cost per square metre. Then, using each royal residencies’ estimated size in square metres, we calculated how much it might cost to rent each home per month.
Buckingham Palace – 775 rooms would cost over £2.5 million per month to rent in London
With 775 rooms and in a central London location, unsurprisingly, Buckingham Palace would be the most expensive royal home to rent per calendar month at £2,550,018. Built in 1703, The palace is enormous and not only acts as the Queen and Duke’s main royal residence, but it’s also a hive of activity with so much administration happening behind the scenes.
The second most expensive royal property to rent is another London palace, St James’s, at £1,734,713 per calendar month. Even though it is just under a quarter of the size of Buckingham Palace, due to its desirable locality between Mayfair and St James’s Park, rental here can be quite pricey per square metre.
St. James’s Palace has been the setting for some of the most important events in royal history, having been a residence of Kings and Queens of England for over 300 years until the reign of Queen Victoria. Now it is the official residence of Anne, The Princess Royal.
The third highest royal property to rent is Windsor Castle, traditionally where the Queen resides on weekends and for the month of Easter. Even with over 1,000 rooms, due to being outside of London, the cost per square metre for rental is cheaper than the two London palaces, at just over £1.3million (£1,314,741).
Take a look at the graphic below to see a breakdown of the most expensive to the cheapest royal abode to rent:
Which property is the cheapest to rent outside of England?
The royal family has a number of properties outside of England that are used as their homes for official visits. The Palace of Holyrood situated along the Royal Mile in Edinburgh, Scotland, would be the most expensive to rent outside of England, at £133,429, per month.
In contrast, the cheapest royal property to rent each month would be Hillsborough Castle in Northern Ireland at £62,397.
Which grandchild lives in the most expensive royal rental?
According to our calculations, The Duke and Duchess of Cambridges’ property, Anmer Hall, situated within the Sandringham estate in Norfolk, is the most expensive of the grandchildren’s homes to rent per month at £44,160. With 30 rooms, the property can command a lot more per square metre.
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UNCLE collected floor plans of properties that are in close proximity to the royal homes and then calculated an estimated average rental cost per square metre for these properties. Then, using each royal residencies’ estimated size in square metres, we calculated how much it might cost to rent each home per month.
Please see methodology data here.