News is now in for March 2017 from HM Land Registry and includes details of over 96500 residential and commercial land and property sales in England & Wales.
March showed a steady increase from February in applications with HM Land Registry up by 12,331 with 96,565 applications lodged for registration:
- 67,893 were freehold
- 14,849 were newly built
- 33,024 sales took place in March 2017
- 510 were residential sales in March 2017 in England and Wales for £1 million and over
- 305 were residential sales in March 2017 in London for £1 million and over
The most expensive residential sale in March 2017 was of a terraced property in the London Borough of Kensington and Chelsea for £11,250,000. The cheapest residential sales in March 2017 were of a terraced property in Blyth, Northumberland and a flat in Weymouth, Dorset each for £10,000.
Information taken from HMLR – https://www.gov.uk/government/news/march-2017-price-paid-data