Figures have been released on the cheapest and most expensive houses sold during lockdown.
In Surrey, there have been 1,256 sales registered for January and 1,141 sales for February. That drops to 1,112 in March, 460 in April, 169 in May, and 18 so far for June.
Here are the most and least expensive homes sold in your area during the lockdown period and how it’s had an impact on the housing market:
Most Expensive homes in Surrey
- Garlands, 12, Nuns Walk, Virginia Water, Runnymede, Surrey, GU25 4RT, which is a detached house, sold for £6,893,800 on April 01
- Bramber, South Road, St Georges Hill, Weybridge, Elmbridge, Surrey, KT13 0NA, which is a detached house, sold for £4,685,000 on March 24
- Springhill Farm, Foxburrow Hill Road, Bramley, Guildford, Guildford, Surrey, GU5 0BU, which is a detached house, sold for £3,300,000 on March 27
- 21 Sandown Road, Esher, Elmbridge, Surrey, KT10 9TT, which is a detached house, sold for £2,895,000 on March 26
- 9 Ashburnham Park, Esher, Elmbridge, Surrey, KT10 9TW, which is a detached house, sold for £2,800,000 on March 26
- 7 Benfleet Close, Cobham, Elmbridge, Surrey, KT11 2NR, which is a detached house, sold for £2,700,000 on May 15
- Pipers Croft, 34, Water Lane, Cobham, Elmbridge, Surrey, KT11 2PB, which is a detached house, sold for £2,550,000 on April 07
- Bay Trees, Iron Lane, Bramley, Guildford, Waverley, Surrey, GU5 0BY, which is a detached house, sold for £2,505,341 on March 27
- North Bridge House, Petworth Road, Chiddingfold, Godalming, Waverley, Surrey, GU8 4UU, which is a detached house, sold for £2,500,000 on March 24
- Downs Ryse, Northdown Lane, Guildford, Guildford, Surrey, GU1 3TS, which is a detached house, sold for £2,500,000 on March 31
Least Expensive homes in Surrey
- Flat 11, Roslan Court, Rosemary Lane, Horley, Reigate And Banstead, Surrey, RH6 9XZ, which is a flat house, sold for £82,000 on May 01 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)
- Flat 7, 87 Doods Road, Reigate, Reigate And Banstead, Surrey, RH2 0NT, which is a flat house, sold for £95,000 on March 27
- Flat 32, Knowle Lodge, Croydon Road, Caterham, Tandridge, Surrey, CR3 6PE, which is a flat house, sold for £100,000 on April 22
- 11 St Christophers, Lingfield, Tandridge, Surrey, RH7 6AQ, which is a flat house, sold for £110,000 on April 01
- 5 Tyrwhitt Court, Guildford, Guildford, Surrey, GU2 9LT, which is a flat house, sold for £114,000 on March 23
- Flat 4, Clifton Court, 15, High Street, Knaphill, Woking, Woking, Surrey, GU21 2PG, which is a flat house, sold for £120,000 on April 08
- Flat 62, Russell Square, Russells Crescent, Horley, Reigate And Banstead, Surrey, RH6 7GW, which is a flat house, sold for £124,200 on March 23
- Flat 6, Rowan Mead, Henbit Close, Tadworth, Reigate And Banstead, Surrey, KT20 5LN, which is a flat house, sold for £125,000 on May 06
- 18 Denehyrst Court, York Road, Guildford, Guildford, Surrey, GU1 4EA, which is a flat house, sold for £125,000 on May 01
- 9 Cedar Court, Crockford Park Road, Addlestone, Runnymede, Surrey, KT15 2LQ, which is a flat house, sold for £133,000 on March 25
According to the Land Registry, 44,920 home sales have been registered from March 23 to the end of June.
It may take several weeks for sales to be registered after completion so some sales from later in the period may not be listed yet.
So far, 16,299 sales have been registered between March 23 and the end of the month, 18,964 in April, 8,887 in May and just 770 in June.
In June last year 21,700 sales had been registered by this point.
The drop is likely to be a combination of the impact of the coronavirus outbreak on both house sales and on the registration of sales.
The UK Government issued guidance on March 26 advising people to delay house moves if at all possible during the lockdown period, meaning that some sales that were due to complete in March will not have gone ahead. The Welsh Government issued similar guidance.
As well as this, lockdown rules prevented in-person house viewings.
From May 13, estate agents in England could conduct viewings. In Wales, viewings of empty properties were allowed from June 22, while viewing of occupied properties could restart from July 27.
The Land Registry has also warned its services are likely to be disrupted due to the pandemic, particularly the process of registering a new sale, which likely means a longer delay between the house sale completing and the record being updated at the Land Registry.
Based on the data covering the period so far, across England and Wales, there were 1,130 £1m or more sales, including 258 at £2m or more.
The Land Registry lists the price paid for every property bought at market value. The data also includes sales under a power of sale/repossessions, buy-to-lets (where they can be identified by a Mortgage) and transfers to non-private individuals.
As the data relies on buyers, or their solicitors, registering the sale and the price paid with the Land Registry, mistakes in listings may happen, they are usually corrected at a later date. Issues can include figures with too many digits or shared ownership prices paid for a part share listed as the whole price.