The £1,000,000 question

Nearly 20,000 sales have taken place over the past year, priced £1 million or more. Over half of these have been outside of the capital, compared to just 41% back in 2018/19.

Nearly 20,000 sales have taken place over the past year, priced £1 million or more. Over half of these have been outside of the capital, compared to just 41% back in 2018/19.

64 areas outside of the capital have seen 50 or more £1 million+ sales over the past year, this compares to just 44 in 2018/19.

A £1 million+ property outside of the capital is on average 1000 sqft larger, the majority of sales (87%) detached houses. Across the capital two-thirds of sales are either apartments or terraced property.

Source: Dataloft, Land Registry, sales in England and Wales year to end September 2021