Over 90,000 property sales registered in England and Wales in July

Over 90,000 property sales registered in England and Wales in July
02/09/2017 , by , in INTERNATIONAL

More than 93,400 residential and commercial land and property sales in England and Wales were lodged for registration in July 2017, the latest data shows

Of these some 69,692 were freehold and 8,269 were newly built, according to the figures published by the Land Registry.

Overall some 28,244 sales took place in July 2017 of which 569 were residential sales for £1 million and over. Some 329 were residential sales in in London for £1 million and over.

A breakdown of the figures show that 24,952 home sales were for terraced properties, 24,117 were semi-detached houses, 21,204 were detached houses and 16,682 were flats or maisonettes.

The most expensive residential sale in July 2017 was of a terraced property in the London Borough of Kensington and Chelsea for £9,360,000 while the cheapest residential sale was a terraced property in Bishop Auckland, County Durham for £18,750.

The most expensive commercial sale in July 2017 was in the City of Westminster, London for £215,399,999. The cheapest commercial sale in July 2017 was in Newcastle upon Tyne for just £200.

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