House prices: Detached properties
Number of transactions (July-September): 168
Total value: £106,001,094
Average price: £630,959
The surge in property prices continues to be fuelled by high-value detached homes.
A record 168 detached homes were sold in the three months to September 30. Their aggregate value also exceeded £100 million for the first time in a single quarter.
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The average price of a detached home increased by 9.9% on the previous record of £574,083, set in the previous quarter. It was 28.4% higher than in the same quarter last year.