Homes continue to deliver impressive profits for sellers
For homeowners thinking about selling, the latest data provides some encouraging news.
Over the past 18 months, property sellers have seen substantial capital gains, with larger homes in particular outperforming the market average. This means that many sellers are in a strong position to achieve excellent returns when they choose to sell.
Detached homes have been the standout performers, with average gains of £122,500, 70% higher than the national average. Semi-detached properties have also done well, delivering gains of around £80,000. Even the overall average for all home sales, at £72,000, represents a 38% increase in value since purchase. Clearly, owning property continues to be a powerful way to build wealth over time.
Buyer preferences have shifted in recent years, with demand focused on larger homes and outdoor space. This trend has driven up prices in these segments, creating opportunities for sellers. While flats have seen more modest growth, the strong performance of family homes shows that strategic choices in property type and timing can yield significant rewards.
Regional variations also provide bright spots for sellers. Those in London and the South East continue to unlock the largest monetary gains, reflecting robust market conditions and sustained house price growth. At the same time, regions such as Wales, the Midlands, and the North West have delivered impressive percentage gains, highlighting that even where prices are lower, sellers are benefiting from solid returns relative to their original purchase price.
For anyone considering selling, this data is a reminder that the market can still offer excellent opportunities. By understanding local trends and the value of their home, sellers can make informed decisions and potentially release substantial capital gains to fund their next move or future plans.
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