The two most expensive homes in Merseyside were both in Wirral and each sold for more than £1m.
At the other end of the scale, the least expensive was a flat in Bootle, which sold for £35,000.
Average house prices across the UK increased by 10.8% over the year to December 2021, up from 10.6% in November 2021, according to figures from the Office for National Statistics.
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Between the beginning of 2016 and the end of 2019, there was a general slowdown in UK house price growth, driven mainly by a slowdown in the south and east of England.
The start of 2020 saw a pick-up in annual growth in the housing market before the coronavirus restrictions were put in place at the end of March 2020.
Recent price increases may reflect a range of factors including some possible changes in housing preferences and a response to the changes made to property transaction taxes across the nations.
In July 2020, the Chancellor announced a suspension of the tax paid on property purchases in England and Northern Ireland, with similar suspensions announced in Scotland and Wales.
In England and Northern Ireland, properties up to the value of £500,000 would incur no tax, while the thresholds for Scotland and Wales were £250,000. This may allow sellers to request higher prices as buyers’ overall costs are reduced.
The tax holiday for Scotland ended on March 31, 2021. It was extended until June 30, 2021 in Wales, while in England and Northern Ireland, it was extended until the same date but the threshold will then decrease to £250,000 before ending on September 30, 2021.
This may have accounted for a rush of demand in mid-2021, as annual prices rises soared to a 13.5% increase in the year to June 2021.
According to the Land Registry, 25,294 home sales have been registered for October, 27,237 for November, and 7,847 for December.
It may take several weeks for sales to be registered after completion so some sales from later in the period may not be listed yet. The impact of coronavirus has meant that it is taking longer than for sales to be registered.
The Land Registry has also warned its services are likely to be disrupted due to the pandemic, particularly the process of registering a new sale, which likely means a longer delay between the house sale completing and the record being updated at the Land Registry.
Based on the data covering the period so far, across England and Wales, there were 1,730 £1m or more sales, including 332 at £2m or more.
The Land Registry lists the price paid for every property bought at market value. The data also includes sales under a power of sale/repossessions, buy-to-lets (where they can be identified by a Mortgage) and transfers to non-private individuals.
As the data relies on buyers, or their solicitors, registering the sale and the price paid with the Land Registry, mistakes in listings may happen, they are usually corrected at a later date. Issues can include figures with too many digits or shared ownership prices paid for a part share listed as the whole price.
What were the most and least expensive homes sold in Merseyside in the three months to December?
Most expensive
27 Croft Drive East, Wirral, Merseyside, CH48 1LU, which is a detached house, sold for £1,125,500 on November 9
19 Farr Hall Drive, Wirral, Merseyside, CH60 4SH, which is a detached house, sold for £1,010,000 on December 10
39 Village Road, Prenton, Wirral, Merseyside, CH43 6TZ, which is a detached house, sold for £850,000 on November 25
105 Roe Lane, Southport, Sefton, Merseyside, PR9 7PD, which is a detached house, sold for £790,000 on November 2
2A Argyle Road, Southport, Sefton, Merseyside, PR9 9LH, which is a detached house, sold for £780,000 on October 27
7 Westcliffe Road, Southport, Sefton, Merseyside, PR8 2BW, which is a detached house, sold for £765,000 on October 22
20 Stanley Avenue, Wirral, Merseyside, CH63 5QF, which is a detached house, sold for £745,000 on October 14
Rutland, Quaker Lane, Wirral, Merseyside, CH60 6RD, which is a detached house, sold for £743,750 on November 11
37A Salisbury Road, Garston, Liverpool, Merseyside, L19 0PH, which is a detached house, sold for £707,500 on November 5
10 Meols Drive, Hoylake, Wirral, Merseyside, CH47 4AQ, which is a detached house, sold for £700,000 on November 2
76 Dawstone Road, Wirral, Merseyside, CH60 8ND, which is a detached house, sold for £700,000 on November 5
Least expensive
Flat 3, 70 Wordsworth Street, Bootle, Sefton, Merseyside, L20 4JW, which is a flat, sold for £35,000 on October 12
2 Dudley Place, St Helens, Merseyside, WA9 1BL, which is a terraced house, sold for £40,000 on November 11
2 Melville Avenue, Birkenhead, Wirral, Merseyside, CH42 1RD, which is a flat, sold for £40,000 on October 29
Apartment 84, Candia Tower, Jason Street, Liverpool, Merseyside, L5 5EN, which is a flat, sold for £40,500 on October 15
197 Conway Street, Liverpool, Merseyside, L5 3BB, which is a flat, sold for £41,250 on October 11
6 Montrovia Crescent, Liverpool, Merseyside, L10 9ND, which is a terraced house, sold for £42,075 on November 1
20 Galsworthy Avenue, Bootle, Sefton, Merseyside, L30 9SQ, which is a flat, sold for £43,000 on December 7
6 Kingsdown Street, Birkenhead, Wirral, Merseyside, CH41 9DX, which is a terraced house, sold for £44,200 on November 12
115 Edge Lane Drive, Liverpool, Merseyside, L13 4AB, which is a terraced house, sold for £45,000 on October 28
Flat 12, Fearnley Hall, 42, The Woodlands, Birkenhead, Wirral, Merseyside, CH41 2SH, which is a flat, sold for £45,000 on October 6.
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