15% rise in new build registrations in July

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Land Registry has reveal that the most expensive residential sale that took place in July 2019 was of a semi-detached property in Kensington and Chelsea for £10,450,000.

The cheapest residential sale in July 2019 was of a terraced property in Burnley for £18,000.

The most expensive commercial sale taking place in July 2019 was in Bristol for £35,000,000. The cheapest commercial sale in July 2019 was in Barnet for £100.

Of the 93,545 sales received for registration 30,790 took place in July 2019 of which:

  • 687 were of residential properties in England and Wales for £1 million and over
  • 390 were of residential properties in Greater London for £1 million and over
  • 5 were of residential properties in West Midlands for more than £1 million
  • 3 were of residential properties in Greater Manchester for more than £1 million
  • 1 was of a residential property in Wales for more than £1 million

This month’s Price Paid Data includes details of more than 93,500 sales of land and property in England and Wales that HM Land Registry received for registration in July 2019.

The number of sales received for registration by property type and month

Of the 93,545 sales received for registration in July 2019:

  • 72,327 were freehold, a 0.7% increase on July 2018; and
  • 13,632 were newly built, a 15.3% increase on July 2018.
Property type    July 2019 June 2019   May 2019
Detached

21,968

18,523

18,783

Semi-detached

24,848

21,623

22,181

Terraced

25,115

21,721

22,734

Flat/maisonette

15,915

14,393

15,811

Other

  5,699

  5,482

  6,158

Total

93,545

81,742

85,667

 

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