Stamp Duty Holiday Stats

Rightmove have provided us with the following stats regarding the stamp stamp duty holiday, we think they make interesting reading and hopefully you will to –

 

Nationally, demand has risen by 61% compared to the same period last year

  • The top regions are the South East (up 74%)and East of England (up 72%)
  • Lettings demand is also up by +26% in August this year compared to 2019

 

New listings have doubled in some areas, particularly in Southern commuter towns

  • Harlow in Essex has seen new listings surge 121%, Hertford in Hertfordshire up 113% and Wickford in Essex up 105%
  • Compared to the same six week period last year

 

Almost 94,000 new listings were brought to market across London, the South East and East of England

  • That’s over 31,000 more than the same period in 2019
  • Homes priced between £400,000 and £500,000 in the southern commuter belt have an increased chance of selling

 

Regional annual change in new listings since the stamp duty announcement

London + 59%
South East + 49%
East of England + 45%

Scotland

+ 39%
South West + 34%
West Midlands + 30%
Wales + 24%
East Midlands + 22%
Yorkshire and The Humber + 19%
North West + 12%
North East + 7%

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