Osama bin Laden hideout ‘worth far less than US claimed’

Pakistan property experts say US government description of ‘$1m mansion’ was way off the mark, as further exaggerations come to light.

Osama bin Laden’s house, described by the US government as a $1m (£605,000) mansion, is in fact worth no more than $250,000 say property professionals in Abbottabad, the town where he was killed.

The revelation is the latest of several erroneous descriptions about the nature of Bin Laden’s hideout – and the manner of his death – which have dogged the White House in recent days.

On Tuesday US officials retracted claims that Bin Laden was armed when killed, and that he had used one of his wives as a human shield.

Descriptions of Bin Laden’s hideout have also been prone to exaggeration. After Sunday night’s dramatic raid by US Navy Seals, a senior Obama administration official told reporters that the property, an “extraordinarily unique compound” in an “affluent suburb”, was valued at around $1m.

But two property professionals in Abbottabad – a quiet, military-dominated town – said that much of that was incorrect. Based on the size of the plot and the house, which was built in 2005, and using recent property sales as a guide, they estimated that it would fetch no more than $250,000 on the current market.

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