Property News · January 13, 2025

Property sellers in England and Wales ‘make lowest return in a decade’


Cash profit on a sale falls for second year in a row, to below £100,000, finds HamptonsSellers in England and Wales made less than £100,000 profit on the sale of their home last year, or just over 40% – the lowest return in a decade – according to the estate agent Hamptons.It was the second annual fall in a row in terms of cash profit after the market hit a peak in 2022 when the average gain hit almost £113,000 compared with £91,820 last year. The average cash return in London fell by the most – dropping below £200,000 for the first time since at least 2015. Continue reading…

Source : theguardian.com
Read more…Property sellers in England and Wales ‘make lowest return in a decade’

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