Sales

Three key charts reveal what's happening on the ground ahead of a critical period for the capital's property market.

£100bn-worth of home sales have been agreed but are yet to complete, reports Zoopla - potentially generating £1bn in commission for estate agents.

As Budget speculation mounts that CGT may be charged on some principal residences, Zoopla has checked official transaction records to see what gains various groups of home-sellers typically make.

Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.

4% fewer £2mn+ homes were available to buy on the open market in Q3 than in Q2.

Our weekly LonRes update suggest -50% fewer sales were agreed in Week 41 this year compared to the same seven days in 2024.

One in six residential sales across England & Wales in the last three years went through without public marketing, reports TwentyEA - rising to 20% in the £1mn+ market.

UK Sotheby's International Realty's George Azar reveals the firm's latest sales figures, and says the capital's luxury housing market could rebound 'within three years' if the government rethinks its policies.

Beyond the algorithm-driven echo chambers, prime buyers remain focused on quality and long-term value, report Richard & Sophie Rogerson.

Average country house prices have fallen -5.4% in the last year, reports Knight Frank - but the agency has seen a +9% increase in the number of offers accepted.

Activity levels have recovered across England & Wales, but there's little optimism that prices will stage much of a recovery over the rest of 2025.

Neighbourhood-level data points to further steep declines across the traditional PCL heartlands in the past three months.