Over 82,500 sales recorded in England and Wales in June

Taylor Scott International News

More than 82,500 residential and commercial land and property sales in England and Wales were lodged for registration in June 2016, according to the latest data to be published. Of the 82,530 sales lodged for registration 60,249 were freehold and 9,000 were newly built, the figures from the Land Registry show. Some 442 were residential sales in June 2016 in England and Wales were for £1 million and over and 283 were residential sales in June 2016 in London for £1 million and over, the data also shows. A breakdown of the figures shows that of the total sales 18,910 were detached properties, 20,987 were semi-detached, 23,485 were terraces, and 17,599 were flats or maisonettes. The most expensive residential sale in June 2016 was of a terraced property in the City of Westminster in London which was sold for £16.9 million while the cheapest residential sale was a terraced property in Bishop Auckland, County Durham, which sold for £12,500. The most expensive commercial sale in June 2016 was also in the City of Westminster, London for £65 million and the cheapest commercial sale in June 2016 was in Bassetlaw, Nottinghamshire for £1,000. Taylor Scott International

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