Interactive map: Every 'established' property sale recorded by the Land Registry mapped
A Construction News study of ‘established’ properties in England and Wales has revealed how the buoyant property market has translated into sales.
In total, more than 68,000 established property transactions were recorded, according to Land Registry data for March 2014.
Interactive map: All established residential sales, Mar 2014
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Following the recent property price boom, the average property in England and Wales sold for £249,130.
Broken down by property type, the average prices was £335,399 for a detached home, £209,148 for a semi-detached, £208,361 for a terraced and £243,613 for a flat.
Transactions were clustered particularly in London, the East of England, the Midlands and south Wales regions.
Out of all districts, Birmingham experienced the highest number of transactions with 969 during the period, not accounting for population variations, followed by Leeds (955), Cornwall (754) and Bristol (603).
Unsurprisingly, Greater London prices exceeded the England and Wales average by a staggering £229,000, costing £478,130 on average.
Average price/volume of sales by type
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Notable areas outside of Greater London were Windsor and Maidenhead, Surrey, Buckinghamshire and Wokingham, where the average property sold for £429,980, £397,861, £364,679 and £340,896 respectively.
The most expensive property sold during the period was 6 Stanley Crescent in Kensington, London, for £19,500,000.
Average property prices by location and type
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The cheapest district for newly built property was Blaenau Gwent in Wales, which recorded an average price of £74,715.