This is how much the average house seller made on their home in 2024
This is how much the average house seller made on their home in 2024
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Looking to move in 2025? Don’t expect to be making huge profits from selling up – as a new study has found that in 2024, the average seller across England and Wales made just £91,820 when selling their property. That might sound like a decent amount, but this translates to a 42% gross profit – which is actually the lowest return since records began in 2015.
![[Wide shot of family looking at home for sale with real estate agent]](https://metro.co.uk/wp-content/uploads/2025/01/GettyImages-1392175633.jpg?quality=90&strip=all&w=646)
In the last two years, the typical seller has actually made a profit loss of £21,110, as the 2022 record was set at £112,930. It’s also bad news for the Big Smoke, as sellers in London saw their average profit fall below £200,000 for the first time since 2015.
![[A residential street of Victorian style terrace houses in London]](https://metro.co.uk/wp-content/uploads/2025/01/GettyImages-1351094169.jpg?quality=90&strip=all&w=646)
In fact, they’re now just as likely to sell for a loss than those in the North West, with the average percentage difference between the sale and purchase price being 44% in both locations. However, it’s not bad news for everyone – as there are still sellers making considerable profits when choosing to sell up. And, it’s worth noting that depending on when you bought your property, an average profit of £91,820 might actually be more positive than it seems.
Already paid off the mortgage and bought at a time when prices were considerably lower? Congratulations – you’ve pocketed almost £100,000 extra (excluding any stamp duty and solicitors’ fees, obviously). Elsewhere, the good people of Merthyr Tydfil in Wales, around 23 miles north of Cardiff, made a profit of 68% after 9.4 years of ownership when choosing to sell, as per the research from Hamptons, with the average difference between the sale and purchase price coming in at £59,590.
