The star couple is placing its property in Sawbridgeworth, Hertfordshire on the market for an estimated USD 27 million, reported Mirror online.
A spokesperson for the couple said, “We can confirm David and Victoria have had their UK home valued.”
The Beckhams purchased the estate for USD 3.8 million in 1999 and the lavish home became known in the UK press as Beckingham Palace.
But the stars are keen to offload the property after relocating to Los Angeles in 2007.
“Frankly they cannot see themselves ever returning to make London their full-time base. The children are settled, speak with American accents and David and Victoria are immersed in the laid back Los Angeles way of life. They love it there – they’re well liked, have plenty of friends and feel it’s their spiritual home,” said a source.
“Beckingham Palace takes a lot of looking after. It made them realise it was pointless having it. Victoria’s design studio is in Battersea (south London) so when she’s over for business she stays in Claridge’s Hotel as it’s more central. They spend a small fortune on London hotel bills and have a house an hour away sitting empty,” the source added. –Timesofindia