The number of new build homes sold in March 2019 decreased by almost 20% compared with the same month in 2018, according to official date from the Land Registry.
Of the 88,531 sales received for registration in March 2019 some 13,129 were newly built, a 19.7% decrease on March 2018 while 65,821 were freehold, a 0.4% increase on March 2018.
A breakdown of the figures shows that the number of detached properties sold increased month on month, up from 18,463 in February to 19,119 in March, but below the 22,667 recorded in January.
Terraced properties are still the most popular with 23,435 registered in March, up from 16,121 in February but still down on 25,483 from January.
In the semi-detached sector there were 22,815 registered as sold in March, up from 21,205 in February but still less than the 25,330 from January.
When it comes to flats and maisonettes, some 16,832 were registered in March, down from the 20,899 sold in February and the 19,328 from January.
Some 451 were residential properties in England and Wales for £1 million and over and 251 were of residential properties in Greater London for £1 million and over.
One was of a residential property in the West Midlands and seven in Greater Manchester while none were of residential properties in Wales for more than £1 million.
The most expensive residential sale taking place in March 2019 was of a detached property in Camden for £38,500,000 while the cheapest residential sale in March 2019 was of a terraced property in Ferryhill, County Durham, for £17,250.
The most expensive commercial sale taking place in March 2019 was in Camden for £95,000,000 and the cheapest commercial sale in March 2019 was in Brighton for £100.
