and the winner is… Christoph Jaeger from Hamburg, Germany, Age 36.
the £25 estate
The property is valued at £1million. 46,000 tickets were sold at £25 each raising £1,150,000. From this £40,000 stamp duty, solicitor’s costs and marketing costs will be deducted leaving the couple with the £1m value of their house, without the need for an estate agent!
![Mar. [Explore]](http://static.flickr.com/4083/4950621171_7bcd1ab457_t.jpg "Mar. [Explore]")
I’ve noticed since the Oldborough R. comp lots of people in the uk are still trying this concept. New house comps listed on http://win-house.co.uk regularly and it seems even when the properties are in other european countries they’re often run by british. Is this concept taking off? I also see lots of them are charity raffles (e.g. Australia, USA), why don’t we have more of that in the UK?? Thanks for the blog!