January 12, 2023

The typical homeowner in London earned £219,110 on selling a home in 2018, or about $23,560 annually. People who purchased a property within the previous 20 years and sold it in 2022 achieved unprecedented six-figure earnings, with the highest gains seen in London. According to recent statistics compiled by Hamptons, homeowners in 17 London boroughs, including Camden, Hackney, and Brent, made profits of more than £200,000 when selling their homes. Sellers in the capital city typically received £23,560 a year after their residences were on the market for 9.3 years. In the United Kingdom, the average annual income for a