Monthly completed house sales volumes in England and Wales 2015-2020

The number of house sales in England and Wales has remained stable over the previous years. House sales volumes can be affected by several factors, including mortgage rates, house prices, supply and demand as well as the overall health of the market. In the United Kingdom home ownership rates are one of the lowest in Europe.

House prices

Between June 2018 and June 2019, the average house price in England increased by 1.5 thousand British pounds. During the same time the twelve month percentage change in house prices for the United Kingdom increased by 1.1 percent, a noticeable slow-down compared with the previous four years.

Mortgage interest rates help buyers’ interest

 Compared with other European countries the average mortgage interest rates in the United Kingdom sit somewhere in the middle. Gross mortgage lending in the first three quarters of 2019 amounted to almost 195.34‬ billion British pounds in the UK.

Number of completed house sales in England and Wales from January 2015 to Jan 2020

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Source

Release date

May 2020

Region

United Kingdom (England, Wales)

Survey time period

January 2015 to January 2020

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Statistics on "Home purchasing in the United Kingdom (UK)"

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