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

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average house seller in England and Wales last year sold for £91,820 more than they had originally paid for their property. Merthyr Tydfil in Wales replaced Barking and Dagenham in London as the local authority where sellers made the biggest percentage price gains on average in 2024, researchers said. Figures by location Here are the 2024 seller gains by region, according to Hamptons, with the average percentage difference between the sale and purchase price followed by the average cash difference between the sale and purchase price, the percentage of homeowners who sold for more than they paid and the average number of years of ownership: Wales, 48%, £66,710, 93%, 8.7 North West, 44%, £64,830, 92%, 8.8 London, 44%, £172,350, 86%, 9.6 East Midlands, 44%, £71,530, 93%, 8.7 East of England, 42%, £100,270, 92%, 8.9 West Midlands, 42%, £72,980, 92%, 8.6 South West, 41%, £96,090, 93%, 8.5 South East, 41%, £116,560, 92%, 9.1 Yorkshire and the Humber, 40%, £60,380, 92%, 8.9 North East, 30%, £38,220, 86%, 8.0 England and Wales, 42%, £91,820, 91%, 8.9 The average price gain made by house sellers in London last year fell below £200,000 for the first time since at least 2015. In general, property gains peaked in 2016 when the average home in England and Wales sold for 60% more than its purchase price, Hamptons said.