REPORTS that Catherine Zeta Jones has already made a million pound profit on her new Welsh home were played down by an estate agent yesterday.
The 34-year-old Hollywood star has had the house built in Mumbles, near Swansea, where she grew up.
Alison Morris, of Dawson estate agents in Mumbles, said: "It has been said that it cost a million pounds but nobody could make a valuation now without going inside. We don't know what standard it's been built to. It could be worth even more than £2m.
"We recently sold a large house for £900,000, but that's the highest price we've seen in this area."
Newspaper reports had suggested that the value of the house had doubled.
The house has already caused controversy as it overlooks houses and neighbours complained they would lose their privacy.