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    Home - News Briefing - How much the average house seller made last year compared to when they bought
    News Briefing

    How much the average house seller made last year compared to when they bought

    By David Pike1 Min Read
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    How much the average house seller made last year compared to when they bought

    How much the average house seller made last year compared to when they bought

    The average house seller in England and Wales last year sold for £91,820 more than they had originally paid for their property. That’s according to the latest analysis.

    In percentage terms, the average seller made a 42% gross profit, which was the lowest return since at least 2015, when records started.

    On average, sellers had owned their property for just under nine years.

    In cash terms, the average gross profit made by sellers in 2024 was £10,830 lower than 2023 and down from a peak of £112,930 in 2022 when strong house price growth pushed gross gains (before costs were factored in) into six figures for the first time in the study.

    How much the average house seller made last year compared to when they bought

    https://www.independent.co.uk/news/uk/home-news/price-increase-house-sale-uk-b2678258.html

    London news The Independent UK featured UK House prices UK housing market
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    David Pike

    David Pike is an experienced news journalist with over 20 years experience as a UK News editor for WTX News and other news publications.

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