London, Dec 23 : One-time King of Pop Michael Jackson has just moved into a new home, which is worth a whopping 25 million pounds.

The `Thriller' hitmaker is reportedly paying 68,000 pounds a month for the lavish estate including 7 bedrooms and 13 bathrooms, reports the Sun.

Michael, who is left with not much of his moolah, is paying the rent for the house from sales of memorabilia at Neverland, the ranch he left after he was cleared of child abuse there.

Meanwhile, it has been revealed that the singer s not actually suffering from any life threatening disease. (ANI)