Admin l Tuesday, February 28, 2017
GET PROPERTY FOR AS LOW AS £250 IN LONDON
LONDON, United Kingdom – Prices of properties can be very high and at the same time be very low in London depending on the location.
For the month of January, commercial properties sold for as high as £41,500,000 and as low as £250.
According to statistics released by the Land Registry for properties sold in England and Wales, the cheapest commercial sale in January 2017 was in Romford, Greater London for £250, while the most expensive commercial sale in January 2017 was in the City of London for £41,500,000.
At the same time, the most expensive residential sale in January 2017 was of a detached property in the London Borough of Kensington and Chelsea for £24,200,000, while the cheapest residential sale in January 2017 was of a semi-detached property in Birmingham for £14,760.
Over 97,400 residential and commercial land and property sales in England and Wales lodged for registration in January 2017.
Of the 97,445 sales lodged for registration, 69,421 were freehold, 14,503 were newly built, 25,875 sales took place in January 2017, 530 were residential sales in January 2017 in England and Wales for £1 million and over 322 were residential sales in January 2017 in London for £1 million and over.