While Carrie and Boris Johnson hope to realise a profit of £400,000 on the sale of their south London townhouse, the former prime minister’s Oxfordshire farmhouse – rented out while he was in Downing Street – could also benefit the couple’s stretched finances.
An updated valuation on the four-bed two-bathroom country property shows it has gone up in value by more than £200,000 since Johnson acquired it from his ex-wife, Marina Wheeler, as part of their divorce settlement.
The value of the transfer to Johnson reported on Land Registry documents at £1,250,000 in February 2020.
Latest estimates suggest it could sell for as much as £1.45m.
Johnson and his ex-wife paid £640,000 for the property in 2003 – adding an office and a tennis court during their period as joint owners.
Johnson still owes Marina money, as well as Barclays Bank, according to the Land Registry – potentially impacting any profit should he sell.
