There were more than 75,400 residential and commercial land and property sales in England and Wales in April 2017, down from about 96,500 transactions the previous month, the latest price paid data from the Land Registry reveals.
The figures show that there were 54,761 freehold properties, along with 9,165 new build properties logged for registration.
|Property type||April 2017|
In terms of property type, 19,858 of the properties put forward for registration were terraced, 18,504 were semi-detached, 16,261 detached, 15,042 flats/maisonettes, while there were also 5,737 ‘other’ property types
In total, 22,546 sales took place across England and Wales in March, including 429 homes that were acquired for £1 million-plus.
The most expensive residential sale in April 2017 was of a flat in Knightsbridge, central London, for a whopping £90m. The four-bedroom pad was acquired by radio tycoon, Ashley Tabor, who plans to create a ‘super penthouse’ by knocking the penthouse through to the flat next door, which he also owns.
The cheapest residential sales in April 2017 were terraced properties in Ferryhill and Bishop Auckland, County Durham, each for £10,000.
The most expensive commercial sale in April 2017 was in the London Borough of Camden for £98.47 million. The cheapest commercial sale in April 2017 was in Mitcham, London, each for £500.