That is according to an analysis of sales data in 112 areas by the estate agent. The firm said 4 per cent of properties in the area bought between January 1 and December 12 were snapped up by people from London – up from 2 per cent the previous year. Its data showed that, across Britain as a whole, people leaving London purchased nearly 74,000 homes over the period – the most since 2016, when they bought more than 78,000. And they are travelling further since the housing market re-opened in May following the first Covid-19 lockdown, the analysis suggests. The median distance moved by a Londoner buying outside the capital hit 40 miles for the first time in over a decade, up from just 28 miles during the first three months of the year.
That is according to an analysis of sales data in 112 areas by the estate agent. The firm said 12 per cent of properties in the area bought between January 1 and December 12 were snapped up by people from London – up from 6 per cent the previous year. Its data showed that, across Britain as a whole, people leaving London purchased nearly 74,000 homes over the period – the most since 2016, when they bought more than 78,000. And they are travelling further since the housing market re-opened in May following the first Covid-19 lockdown, the analysis suggests. The median distance moved by a Londoner buying outside the capital hit 40 miles for the first time in over a decade, up from just 28 miles during the first three months of the year.
That is according to an analysis of sales data in 112 areas by the estate agent. The firm said 12 per cent of properties in the area bought between January 1 and December 12 were snapped up by people from London – up from 6 per cent the previous year. Its data showed that, across Britain as a whole, people leaving London purchased nearly 74,000 homes over the period – the most since 2016, when they bought more than 78,000. And they are travelling further since the housing market re-opened in May following the first Covid-19 lockdown, the analysis suggests. The median distance moved by a Londoner buying outside the capital hit 40 miles for the first time in over a decade, up from just 28 miles during the first three months of the year.
That is according to an analysis of sales data in 112 areas by the estate agent. The firm said 18% of properties in the area bought between January 1 and December 12 were snapped up by people from London – the same as the previous year. Its data showed that, across Britain as a whole, people leaving London purchased nearly 74,000 homes over the period – the most since 2016, when they bought more than 78,000. And they are travelling further since the housing market re-opened in May following the first Covid-19 lockdown, the analysis suggests. The median distance moved by a Londoner buying outside the capital hit 40 miles for the first time in over a decade, up from just 28 miles during the first three months of the year.
That is according to an analysis of sales data in 112 areas by the estate agent. The firm said 18% of properties in the area bought between January 1 and December 12 were snapped up by people from London – the same as the previous year. Its data showed that, across Britain as a whole, people leaving London purchased nearly 74,000 homes over the period – the most since 2016, when they bought more than 78,000. And they are travelling further since the housing market re-opened in May following the first Covid-19 lockdown, the analysis suggests. The median distance moved by a Londoner buying outside the capital hit 40 miles for the first time in over a decade, up from just 28 miles during the first three months of the year.