Land Registry Survey Analysis Suggest House Sales Have Slumped

Transaction numbers have fallen in 241 of 374 local authority areas in the last year, according to analysis. The Land Registry data - which is two months in arrears - has shown that, among the 374 Council patches in the UK, only 133 saw an increase in homes sold in 2017.

Cambridge, Newcastle-under-Lyme and Stevenage saw the worst falls (Stevenage by as much as 27.5%). As many as 122 areas saw transactions fall by more than 5%, while 41 witnessed a drop by more than 10% and a further 11 areas by more than 15%.

Greater London also suffered - Croydon and Tower Hamlets transaction levels fell by 15.4% and 22.5&, respectively.

The best performing towns outside London were largely situation in the Midlands or the north of England, notably Chorley (increasing by 17%), Hull (13.9%) and Lincoln (12.3%). The survey used for the analysis - featuring only preliminary Land Registry figures for 2017 - was for Project Etopia.


Our agency began as a letting agency many years ago, so we know our stuff when it comes to the rental market. We pride ourselves on professional marketing and reducing void periods through correct pricing at current market rates.
Property Management
We have a portfolio of almost 200 managed properties in and around the Croydon area let out to working professionals. With a dedicated team and specialised supporting software, any property we take on is in the very best of hands.
Our talented sales team have demonstrable experience in achieving and exceeding asking price on sales, and routinely complete on instructions well above their vendors’ bottom line, and we marry this efficiency with a personal and detailed experience.
Financial Advice
At great benefit to our sales clients, we have an in-house broker with nearly 15 years of experience dealing with all kinds of mortgages. We offer free and detailed mortgage advice tailored to the individual’s needs and are happy to consider all circumstances.
Property Valuations
Not only do we have a feature for instant valuation estimates, we also offer free, no obligation market appraisals for your property by an industry professional who can provide you with expert advice on all aspects of property marketing.
Professional Marketing
Our marketing team have been trained in professional photography and, by making sure our advertisements are visible on social media and in the local area, we are able to provide the absolute best exposure for your property.