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Housing: Sales

Question for Treasury

UIN HL6171, tabled on 25 June 2020

To ask Her Majesty's Government what was (1) the total number of principal residences sold last year, and (2) the aggregate capital value of any such sales.

Answered on

8 July 2020

This information is not available because principal private residences are mainly exempt from Capital Gains Tax, and hence these details do not have to be reported to HMRC.

However, information is available from Stamp Duty Land Tax (SDLT) returns data, which is focused on the purchaser and type of property, including the consideration amount. The figure will include properties that are new builds and non-private residences (e.g. landlords). HMRC publish this information as Official Statistics in their Annual Stamp Taxes Publication. The latest figures are below:

Financial Year

Residential

Number of transaction (Thousands)

Estimated Property Value (£Millions)

Receipts (£Millions)

2006-07

1,700

344,490

6,375

2007-08

1,532

330,465

6,680

2008-09

814

167,945

2,950

2009-10

898

188,350

3,290

2010-11

881

205,365

4,040

2011-12

917

209,355

4,215

2012-13

928

215,180

4,905

2013-14

1,131

269,835

6,450

2014-15

1,207

304,155

7,500

2015-16

1,184

321,530

7,310

2016-17

1,094

300,295

8,590

2017-18

1,106

315,060

9,275

2018-19

1,036

300,040

8,370

It should be noted that SDLT ceased to apply in Scotland in April 2015, and in Wales in April 2018.

Answered by

Treasury