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 |
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