The Land Registry has revealed that there were over 87,600 residential and commercial land and property sales in England and Wales lodged for registration in December 2016.
Of the 87,678 sales lodged for registration:
- 64,924 were freehold
- 8,051 were newly built
- 31,955 sales took place in December 2016
- 610 were residential sales in December 2016 in England and Wales for £1 million and over
- 365 were residential sales in December 2016 in London for £1 million and over.
Property type | December 2016 |
Detached | 19,758 |
Semi-detached | 22,349 |
Terraced | 23,112 |
Flat/maisonette | 16,526 |
Other | 5,932 |
Total | 87,678 |
The most expensive residential sale in December 2016 was of a terraced property in the London Borough of Kensington and Chelsea for £16,200,000. The cheapest residential sale in December 2016 was of a terraced property in Peterlee, County Durham for £14,000.
The most expensive commercial sale in December 2016 was in the London Borough of Camden for £96,350,000. The cheapest commercial sale in December 2016 was in Minehead, West Somerset for £400.