A record 33 sales of homes worth at least £1 million took place in Britain every day typically during the first half of this year, research from Lloyds Bank has revealed. It shows that more million pound properties exchanged hands in St Albans in Hertfordshire in the first half of 2014 than in the whole of Scotland.

Lloyds found that 6,143 transactions involving million pound homes took place during the first six months of 2014 as the housing market recovery took off, which is a 46% uplift compared with the first half of 2013.

The findings across Britain equate to 33 million pound transactions took place a day on average during the first six months of 2014, which is the highest number Lloyds has recorded in its research.

Seven out of 10 (70%) million pound house sales that took place in the first half of 2014 were in London, and nearly one in four (23%) were in the prime property locations of Kensington and Chelsea or Westminster.

Lloyds used Land Registry statistics covering England and Wales, which go back to 1995, and data from the Registers of Scotland going back to 2009 to make the findings.