More than 90,000 sales registered in England and Wales in July

Over 90,000 sales were submitted for registration by the Land Registry in England and Wales in July, official figures show.

Of these 72,327 were freehold, a 0.7% increase on July 2018, and 13,632 were newly built, a 15.3% increase on July 2018.

The data also shows that the most expensive residential property sold in July was in Kensington and Chelsea for £10,450,000 and the cheapest was in Burnley for £18,000

The most expensive commercial sale taking place in July 2019 was in Bristol for £35 million and the cheapest was in Barnet for just £100.

Of the 93,545 sales received for registration 687 were of residential properties in England and Wales for £1 million and over, 390 were in Greater London for £1 million and over, five were in the West Midlands for more than £1 million, three in Greater Manchester and one in Wales.

A breakdown of the figures shows that 21,968 detached homes were registered, up from 18,523 in June and 18,783 in May. Some 24,848 were semi-detached houses, up from 21,623 in June and 22,181 in May.

There were 25,115 terraced homes registered, up from 21,721 in June and 22,734 in May, making it the most popular type of property. Some 15,915 flats and maisonettes were registered, up from 14,393 the previous month and 15,811 in May.