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UK property sales down 12.9% over Easter period – London Wallet

Mark Helprin by Mark Helprin
April 21, 2023
in Real Estate
UK property sales down 12.9% over Easter period – London Wallet
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This week’s special guest is Ben Madden. He joins Chris Watkin (Property Stato) to look at, analyse and comment on the latest property data and graphs which reflect trends across the UK.

Uniquely looking at the ‘top of the funnel’ property market stats like listings, price reductions, sales agreed and fall thrus, the UK Property Market Stats Show aims to keep estate agents, letting agents, surveyors and anyone else interested in the UK property market with an up-to-date and real time direction of the UK property market.

Week 15 is Monday 10th April 2023 to Sunday 16th April 2023 inclusive.

The headlines are as follows:

UK Listings – an average 29,912 UK listings per week in the last fortnight – (88.9% of the previous two month running weekly average of 33,617 listings per week)

UK Price Changes – an average 16,270 price changes per week in the last fortnight – (88.5% of the previous two month running weekly average of 18,389 price changes per week)

UK Gross Sales – an average 20,247 Gross sales per week in the last fortnight – (87.1% of the previous two month running weekly average of 23,245 gross sales per week)

UK Sale Fall Thrus – an average 4,460 Fall Thrus per week in the last fortnight – (90.8% of the previous two month running weekly average 4,910 per week)

UK Net Sales – an average 15,787 net sales per week in the last fortnight – (86.1% of the previous two month running weekly average of 18,334 gross sales per week)

Regionally, gross sales for the Easter fortnight are ..

Inner London – 81.7% (of the previous two month running weekly average)
Outer London – 82.4%
South East – 89.3%
East Midlands – 91%
East of England – 87.4%
South West – 91.5%
North East – 84.3%
North West – 89.3%
West Midlands – 83.8%
Yorkshire – 92.4%
Wales – 86.6%
Scotland – 91.9%

In the last 15/20 mins of the show, there is a particular focus on the Nottingham property market, comparing market share and the effectiveness of all the Nottingham agents.

 

UK house sales fall sharply, latest statistics show

 





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