It's unclear whether his own bicycle cost £475 - but the socialist MP did reveal that his bike is 'like' the one he recommended, and is also a red Raleigh, so it is likely it cost a similar amount.
He wrote: “I use my bike less frequently now that I’m leader of the Labour Party, but I still prefer to cycle whenever I can.
"Not only is it free, environmentally friendly and often the fastest way to travel, but it also gives the snappers outside my house a bit of variety.
"This aluminium-framed Raleigh Criterium, like my own trusty red Raleigh, is light and therefore fast, but comfortable for longer rides too – I recently rode mine with Olympic gold medallist Sir Bradley Wiggins (shameless namedrop) and it ensured I kept up with him.
"This unisex model is a great all-rounder whether you’re a beginner or looking for a new ride, although as I’m a big believer in repairing rather than replacing, I suspect I will have my own long after my leadership.”
People on Twitter were quick to comment on his bicycle-related remarks
This revelation comes after Nicola Sturgeon was spotted in £130 Hunter wellington boots which cost rather more than David Cameron's carefully selected £12.99 pair.
On Wednesday, David Cameron hit out at the Labour Leader, branding him as 'the real conservative'.
Source: http://telegraph.feedsportal.com/c/32726/f/579309/s/4cd63b33/sc/27/l/0L0Stelegraph0O0Cnews0Cpolitics0CJeremy0ICorbyn0C120A973620CJeremy0ECorbyn0Ereveals0Ehis0Edearest0Ewish0Eis0Ea0E4750Ebicycle0Bhtml/story01.htm