Land Registry has reported that there were over 95,500 sales of land and property in England and Wales that it received for registration in July.
Of the 95,721 sales received for registration in July 2018, 72,275 were freehold, a 3.7% increase on July 2017 and 11,819 were newly built, a 43% fall on July 2017.
Of the 95,721 sales received for registration, 24,719 took place in July 2018 of which 526 were of residential properties in England and Wales for £1 million and over. 300 were of residential properties in Greater London for £1 million and over, four were of residential properties in West Midlands for more than £1 million and two were of residential properties in Greater Manchester for more than £1 million.
The number of sales received for registration by property type and month
| Property type |
July 2018 |
June 2018 |
May 2018 |
| Detached |
21,568 |
18,518 |
18,060 |
| Semi-detached |
24,964 |
22,251 |
20,897 |
| Terraced |
25,554 |
23,243 |
22,363 |
| Flat/maisonette |
17,368 |
15,678 |
15,846 |
| Other |
6,267 |
5,803 |
6,263 |
| Total |
95,721 |
85,493 |
83,429 |
The most expensive residential sale taking place in July 2018 was of a terraced property in the Royal Borough of Kensington and Chelsea, London for £18,500,000. The cheapest residential sale in July 2018 was a terraced property in Henllys, Cwmbran for £6,120.
The most expensive commercial sale taking place in July 2018 was in the City of Westminster for £117,450,000. The cheapest commercial sales in July 2018 were in Haringey, Greater London and Stanford-Le-Hope, Thurrock for £100.