Explore Sold House Prices UK

Right now, it’s a bad time to sell a house in the UK. House prices are slightly declining in many areas.

At the moment it’s taking around 11 weeks for homesellers to reach the ‘sold subject to contract’ stage. This is a bit quicker than normal for this time of year.

AVERAGE HOUSE PRICE

£418,381

-3%

AVG SALE TIME

11 weeks

1 weeks faster

NEW LISTINGS THIS YEAR

13176

-56% more listings

BUYERS INTEREST

-2%

Are houses selling?

This month has seen more properties being sold subject to contract than usual for this time of year. This metric is a great high-level indicator of how healthy the property market is. The more sales agreed, the more active and fast-paced the market.

The best places to sell or buy a property in the UK

Homesellers in East Renfrewshire and South Lanarkshire are in a particularly strong position at the moment. Homes in East Renfrewshire are selling for 13% less than last year. This makes it the best place to sell a home in the UK, right now.

Conditions in South Lanarkshire are also pretty great. Homes in South Lanarkshire are selling quicker than anywhere else in the UK. It takes an average of just 2 weeks for homes properties here to reach the ‘sold subject to contract’ stage.

Area name	No. of properties sold	Time to sell	Average house price
East Renfrewshire	134	2 weeks	£306,292
South Lanarkshire	523	2 weeks	£222,441
North Lanarkshire	407	2 weeks	£200,441
Stirlingshire	383	3 weeks	£294,581
Renfrewshire	302	3 weeks	£210,125

The worst places to sell or buy a property in the UK

Homes in Hayling Island are taking 21 weeks to sell, making this area the worst place to sell a home if you’re looking to move quickly.

Area name	No. of properties sold	Time to sell	Average house price
Hayling Island	104	21 weeks	£434,595
Penzance and surrounding towns & villages	249	20 weeks	£432,213
Carmarthen and surrounding villages	101	18 weeks	£355,840
Ryde	127	18 weeks	£302,645
South Bucks	168	18 weeks	£1,019,061

Highest priced homes: the most expensive places to buy property in the UK

Homes in the UK cost an average of £418.38k, but in some areas property prices can be double this.

Predictably, London consistently takes the top spot as the most expensive place to buy a house in the UK. Purchasing a home in the London Borough of Mayfair will set you back an average of £3.29M.

Outside of London, Virginia Water comes a close second in the list of most expensive areas to purchase a home. House prices here average £2.55M.

Area name	Average house price
Virginia Water	£2,549,316
Weybridge	£1,507,165
Beaconsfield	£1,380,394
Radlett	£1,342,068
Cobham	£1,309,271
Chalfont St Giles	£1,254,830
Ascot	£1,178,801
Windlesham	£1,157,943
Hartfield	£1,082,111
Gerrards Cross	£1,030,080

Where has property increased the most in value?

Homeowners in Badminton have seen the largest return on their investment in the last year. Properties here are selling for an average of £889.22k. That’s a 74% growth in property value in 12 months.

Homeowners in Cornhill-on-tweed have also seen significant returns on investment. Homes here are selling for 73% more than this time last year.

How long does it take to sell a house?

The amount of time between a house going onto the market, and being ‘sold subject to contract’ averages 22 weeks in the UK. If your sale is taking significantly longer than the average for your area or property type, it’s time to consider making some changes. Selling quickly starts with the right estate agent. Explore your options here.