The latest research by estate agent comparison site, GetAgent.co.uk, reveals that the most expensive home sold in England and Wales so far this year is a London flat that cost almost £40 million.
GetAgent.co.uk has combed through government price paid data to identify the most expensive homes sold in each region of England so far in 2023 (Jan to Aug 2023 - latest available).
Without surprise, London is home to the most expensive property sold in England and Wales this year. Located at 1 Ashburton Place in the W1J postcode area of Westminster, Apartment 802 was sold for a staggering £38.6 million, completing on 30th June 2023.
The South East’s most expensive transaction of the year so far is a £20.8 million purchase in the Runnymede district of Surrey, which completed at the start of the year.
In the South West, a buyer shelled out £13.5 million for 106 Panorama Road in the sought-after coastal town of Poole in Dorset; while the most expensive transaction in the North West is a £7 million purchase on Heybridge Lane in Macclesfield, Cheshire.
The priciest purchase in the East of England is a £6.9 million home in Brentwood, Essex; while in the West Midlands a buyer paid £6.2 million for Sherbourne Manor in Warwick.
The most expensive home sold in Yorkshire & Humber is £5.3 million, Linton Spring House in Wetherby, Leeds; and in Wales, the £3 million purchase of 11 Marine Parade in Penarth is the region’s priciest transaction of the year.
The North East’s most expensive purchase of 2023 is a £2.7 million home in Newcastle-upon-Tyne, while in the East Midlands, £2.5 million was spent on Charwelton Hall in West Northamptonshire.
This means that the difference between the most expensive purchase in England’s most expensive region (London) and the most expensive purchase in England’s most affordable region (East Midlands) is roughly £36.1 million.
Co-founder and CEO of GetAgent.co.uk, Colby Short, commented:
“Examining the most expensive home sales in each region of England and Wales really highlights the disparity in house prices between one region and another, even at the very top end of the market.
London predictably sits top in this respect and it’s unlikely that we’ll ever see the capital toppled when it comes to the sheer value that bricks and mortar changes hands for on a yearly basis.”
However, each of these transactions proudly hold the title of most expensive home sold so far in 2023 in their respective regions and this is quite the achievement, even in current market conditions.”