706,893 completed sales in England and Wales were lodged with HM Land Registry for 2023. The median was £286,950 — £310,038 in 2026 money.
Section 01
Was 2023 a good year to buy?
A home bought at the 2023 median of £286,950 and sold at the latest median of £285,000 gained -0.7% in cash. Restate the 2023 price in 2026 money and it is worth £310,038, so the real gain is -8.1%. The first number is the one people quote; the second is the one that decided whether they were better off.
Section 02
What sold in 2023
| Measure | Value |
|---|---|
| Sales recorded | 706,893 |
| Median price paid | £286,950 |
| In 2026 money | £310,038 |
| Detached median | £420,000 |
| Semi-detached median | £265,000 |
| Terraced median | £227,000 |
| Flat median | £240,000 |
| New build share | 11.3% |
| Leasehold share | 23.4% |
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