Home / Royal Mail / £6 million Berkshire home is most expensive sold during lockdown despite massive drop in sales

£6 million Berkshire home is most expensive sold during lockdown despite massive drop in sales

Million pound Berkshire homes were still changing hands at the height of lockdown – including one which sold for an incredible £6 million.

The coronavirus outbreak has had a massive effect on the housing market, and statistics from the Land Registry show an enormous drop in sales between the start of lockdown in March.

In January 2020, Berkshire saw 895 sales and in February, there were 804.

That fell to 710 in March, 270 in April, just 88 in May.

Find out how you can get the latest news from BerkshireLive delivered straight to your inbox

The data is not complete for June, but just 15 sales were recorded at the time of writing.

Despite the chaos caused by the pandemic, Ascot remained a desirable place to buy in with two homes selling for big money during the lockdown.

The most expensive was in St George’s Lane, which sold for £6 million in May while another eight bedroom home in Church Lane, sold for £4.35 million in mid-May.

Elsewhere in the Royal Borough of Windsor & Maidenhead in May, a home in Terrys Lane in Cookham sold for £3.75 million.

Big sales also took place in West Berkshire, where a home in Newbury sold for £2.6 million in April and another home sold for £1.175 million.

Wokingham and Reading both saw million pound plus sales, despite the lockdown restrictions.

It wasn’t just huge homes in exclusive parts of the county – much smaller homes were also changing hands.

The lease on a flat in Blewburton Way in Bracknell sold for just £146,000, and another lease in Whitby Court, Caversham, sold for just £98,000.

It is still possible to get on the ladder in the Royal Borough for less than £200,000, with the lease on a flat in Cherry Way in Horton selling for £180,000.

Across the country there were 44,920 home sales registered from mid-March to the end of June.

Some sales from the period may not be listed yet.

There were just 770 sales in June 2020 compared to 21,700 in June 2019.

In March, the government issued guidance advising people to delay their sales if possible.

Despite the pandemic, there was still time for some massive sales in Kensington and Chelsea. One house sold for £17.8 million in April, and another for £17.5 million in May.

Bargain hunters could look at Burnley in Lancashire, where a terraced home sold for £15,000.

Most expensive

A home in Cookham which sold for £3.75 million

Bracknell Forest

Hatchet Lane, Winkfield: £1.125m

Kings Road, Crowthorne: £835,000

Beechwood Close, Ascot: £800,000

Reading

Dellwood Park, Caversham: £1.27m

Woodcote Road, Caversham: £835,000

Woods Road, Caversham: £755,000

Slough

Ember Road: £620,000

Mulberry Drive: £600,000

Bannister Close: £600,000

West Berkshire

Tydehams, Newbury: £2.6m

Tydehams, Newbury: 1.75m

Riverview Road, Pangbourne: £1.6m

Windsor & Maidenhead

St George’s Lane, Ascot: £6m

Church Lane, Ascot £4.35m

Terrys Lane, Cookham: £3.75m

Wokingham

Pearson Road, Sonning: £1.8m

Wargrave Road, Wargrave: £1.775m

Elllerton Close, Wokingham: £1m

Least Expensive

Bracknell Forest

Howorth Court, Bracknell: £146,000

Woodlands Court, Owlsmoor: £155,000

Horatio Avene, Warfield: £160,000

Reading

Whitby Court, Caversham: £98,000

Hillbrow, Reading: £102,000

Southglade, Whitley Wood Road: £105,000

Slough

Pursers Court: £120,000

Eltham Court: £120,000

Jellicoe Close: £153,000

West Berkshire

Kingman Way, Newbury: £100,000

Ashmere Close, Calcot: £106,000

Gatcombe Close, Calcot: £160,000

Wokingham

Frederick Place, Wokingham: £127,500

Glendale Court, King Street Lane, Winnersh: £207,000

Burford Court, Rances Lane, Wokingham: £210,00




Source link

About admin

Check Also

Friday papers: Royal Mail warns of £120m hit from national insurance rise – Citywire

: Royal Mail has warned that its heavily lossmaking business will be hit by a …

Leave a Reply

Your email address will not be published. Required fields are marked *