There were 97,102 residential and commercial land and property sales in England and Wales in September, which is down slightly from 98,513 a month earlier, new property price paid figures from the Land Registry has revealed.
The data shows that there were 92,519 freehold properties, along with 9,013 new build properties logged for registration, up 3.2% and 21.6% respectively when compared with the corresponding month in 2016.
In terms of property type, 25,829 of the properties put forward for registration were terraced, 24,911 were semi-detached, 22,377 detached, 17,958 flats/maisonettes, while there were also 6,027 ‘other’ property types.
In total, 27,553 sales took place across England and Wales in September, down from 31,953 in August.
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Of all the transactions that took place last month, 568 homes were acquired for £1 million-plus, with more than half – 320 – of these transactions taking place in London.
The most expensive residential sale in September was of a flat in the City of Westminster for £15.2 million.
The cheapest residential sale in September was of a semi-detached house in Birmingham for £17,500.
The most expensive commercial property sale in September took place in Wakefield, West Yorkshire, for £39.477 million.