Property News > The number of house sales registered across England and Wales topped 90,000 in July

The number of house sales registered across England and Wales topped 90,000 in July

The Land Registry in England and Wales submitted more than 90,000 sales for registration in July, official figures show. 

72,327 of the submissions were for freeholds, an increase of 0.7% on July 2018, and 13,632 were newly built, an increase of 15.3% on July 2018.

The cost of these properties varied significantly across the UK, with data showing that the most expensive residential property sale in July was in Kensington and Chelsea for £10,450,000 while the cheapest was in Burnley for £18,000.

Meanwhile, the most expensive commercial property changed hands in Bristol for £35 million, while Barnet was home to the cheapest, which was sold for just £100.

A further breakdown of the data shows that, of the 93,545 submissions from across England and Wales received by the Land Registry, 687 were worth £1 million and over. 390 of these were in Greater London, while five were located in the West Midlands, three were in Greater Manchester and there was one in Wales.

The figures also show that 21,968 of the overall total registered were detached homes, up from 18,523 in June and 18,783 in May. Meanwhile, some 24,848 were semi-detached houses, up from 21,623 in June and 22,181 in May.

Additionally, the number of terraced houses registered also climbed – up from 21,721 in June and 22,734 in May, making it the most popular type of property. Finally, an increase in the number of flats and maisonettes was also recorded, up from 14,393 the previous month and 15,811 in May.

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