Knight Frank
But when it comes to spending that amount on a home, where you buy can make a huge difference to how much you get for your money.
That's why we asked a number of estate agents for properties on the market for £1 million in various parts of the UK.
From a 7-bedroom Victorian house in the countryside to a one-bedroom flat in a big city, here are nine properties you can buy for £1 million around the country, ranked by their size and quality:
Note: Some estate agents could not disclose certain properties for client confidentiality reasons.