Rightmove plc

08/19/2025 | Press release | Distributed by Public on 08/19/2025 07:44

Rightmove data and reaction to proposed changes to stamp duty

Rightmove data and reaction to proposed changes to stamp duty

Colleen Babcock, Rightmove's property expert says: "Stamp duty is a huge barrier to movement, from first-time buyers to downsizers. We recently called for an increase to the zero rate thresholds at which first-time buyers and home-movers start paying stamp duty, and backed a suggestion from one of our agent partners that stamp duty should be paid over a longer time period. If changes are brought in that make home-moving genuinely more affordable for people then we would welcome them, but without firm details it remains to be seen if a different type of taxation would leave property owners better or worse off in the long run."

Regional proportions of homes for sale over £500,000

Region Proportion of homes for sale that are over £500,000
East Midlands 14%
East of England 29%
England 30%
London 59%
North East 8%
North West 15%
South East 39%
South West 28%
West Midlands 18%
Yorkshire and The Humber 13%

Current average stamp duty charges by region

Region Average asking price August 2025 Stamp duty paid by a home-mover based on average asking price Stamp duty paid by a first-time buyer based on average asking price
East Midlands £291,440 £4,572 £0
East of England £420,729 £11,037 £6,037
London £666,983 £23,350 £23,350
North East £194,799 £1,396 £0
North West £268,393 £3,420 £0
South East £479,634 £13,982 £8,982
South West £380,492 £9,025 £4,025
West Midlands £295,863 £4,794 £0
Yorkshire and the Humber £253,762 £2,689 £0
Rightmove plc published this content on August 19, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 19, 2025 at 13:45 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]