Alexandra negotiated a separate 150-year lease in 1995 (valid from 1994), for which she paid a £670,000 premium and a rent of £1,000 a year for the first 25 years, rising incrementally every 25 years up to the value of £6,000. Princess Alexandra is thought to currently pay around £2,200 a year to live in the property, so around the same amount that it costs everto rent a two-bedroom home in Richmond that the average Richmond renter pays every month for a two-bedroom home according to the Office For National Statistics (ONS).
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