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Stamp Duty Holiday extension triggered a 22% spike in property transactions

More than 171,000 additional property sales have taken place in the last year, which is a 22% rise in monthly transactions!*

Over 103,724 residential property transactions took place – on average – each month since the tax break was introduced in England in 2020.

Compared to the previous year, which saw an average of 84,691, this is a staggering increase of 22%.

If you are wanting a quick sale where you could be getting the best price for your property, now could be the best time to act. 

Find out your home's value here

What else has changed?

Because of high levels of demand, we have seen an adjustment in property prices across the UK.

The stamp duty tax holiday led to a 7% rise in property prices between June 2020 and February 2021, adding £17,265 to the average price of a home for sale in England.

Do you need help with the first steps of selling your home? Get in touch with Bramleys below.

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**Zoopla

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AUCTION SALE - ANTIQUE FURNITURE AND EFFECTS

Thursday, 29 July 2021

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