Blog Post

Highest level of sales in January in 14 years

TomS - Head Tom Simper Mar 6, 2021, 12:00 PM
197_Dataloft_inform_Insight

An estimated 121,640 transactions completed in January, the highest January total since 2007 and a 24.1% increase on 2020, as the surge in property sales continues.

Excluding 2020, current monthly sales volumes are 21% above the 5-year and 32% above the 10-year average, with predictions that up to 1.3 million sales may complete this year.

With many fearing a cliff edge, the Chancellor looks set to announce in the 3 March budget an extension to the Stamp Duty Holiday to the end of June.

Rightmove estimates up to 100,000 buyers could miss the current 31 March deadline, although research suggests 7 in 8 buyers would still continue with their purchase. Source: Dataloft, HMRC

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"I was shown around a property by Abbey Bird, it was a lovely viewing"

- Sophia

"Very good estate agency"

- Junaid

"I would like to thank Abbey for all her help and support she offered"

- Marie

"A great company and great experience."

- Andrew

"Abby was prompt to respond to inquiries and very pleasant"

- Christian

"If you need an Estate Agent who is going to really go the extra mile, Dewi is THAT person."

- James

"I had a viewing with Abbey, so lovely and friendly"

- Amy

"Keep it up the good work. I thank you very much"

- Richard