{"schemaVersion":"1.0","id":"how-many-homes-change-hands","dataset":"price-volume","title":"How many homes actually change hands","description":"Transactions collapse before prices do. This is the earlier warning.","methodology":"Monthly sales volume for Greater London from the UK House Price Index, the same document the average price comes from. Volume is the quieter series and the more sensitive one: buyers stop transacting months before sellers accept lower prices, so a downturn shows here first. The most recent months are provisional and revise upward as registrations catch up.","category":"housing","categoryLabel":"Housing","cadence":"monthly","placeholder":false,"landingPage":"https://londongraph.com/g/how-many-homes-change-hands","markdown":"https://londongraph.com/g/how-many-homes-change-hands/index.html.md","source":{"name":"Land Registry","url":"https://www.gov.uk/government/collections/price-paid-data","licence":"Open Government Licence v3.0","licenceUrl":"https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/"},"updatedAt":"2026-07-31T15:29:03.844Z","release":{"label":null,"publishedAt":null,"resourceUrl":null,"methodologyUrl":null,"sha256":null},"observations":[{"series":"volume","buckets":["1995-01","1995-02","1995-03","1995-04","1995-05","1995-06","1995-07","1995-08","1995-09","1995-10","1995-11","1995-12","1996-01","1996-02","1996-03","1996-04","1996-05","1996-06","1996-07","1996-08","1996-09","1996-10","1996-11","1996-12","1997-01","1997-02","1997-03","1997-04","1997-05","1997-06","1997-07","1997-08","1997-09","1997-10","1997-11","1997-12","1998-01","1998-02","1998-03","1998-04","1998-05","1998-06","1998-07","1998-08","1998-09","1998-10","1998-11","1998-12","1999-01","1999-02","1999-03","1999-04","1999-05","1999-06","1999-07","1999-08","1999-09","1999-10","1999-11","1999-12","2000-01","2000-02","2000-03","2000-04","2000-05","2000-06","2000-07","2000-08","2000-09","2000-10","2000-11","2000-12","2001-01","2001-02","2001-03","2001-04","2001-05","2001-06","2001-07","2001-08","2001-09","2001-10","2001-11","2001-12","2002-01","2002-02","2002-03","2002-04","2002-05","2002-06","2002-07","2002-08","2002-09","2002-10","2002-11","2002-12","2003-01","2003-02","2003-03","2003-04","2003-05","2003-06","2003-07","2003-08","2003-09","2003-10","2003-11","2003-12","2004-01","2004-02","2004-03","2004-04","2004-05","2004-06","2004-07","2004-08","2004-09","2004-10","2004-11","2004-12","2005-01","2005-02","2005-03","2005-04","2005-05","2005-06","2005-07","2005-08","2005-09","2005-10","2005-11","2005-12","2006-01","2006-02","2006-03","2006-04","2006-05","2006-06","2006-07","2006-08","2006-09","2006-10","2006-11","2006-12","2007-01","2007-02","2007-03","2007-04","2007-05","2007-06","2007-07","2007-08","2007-09","2007-10","2007-11","2007-12","2008-01","2008-02","2008-03","2008-04","2008-05","2008-06","2008-07","2008-08","2008-09","2008-10","2008-11","2008-12","2009-01","2009-02","2009-03","2009-04","2009-05","2009-06","2009-07","2009-08","2009-09","2009-10","2009-11","2009-12","2010-01","2010-02","2010-03","2010-04","2010-05","2010-06","2010-07","2010-08","2010-09","2010-10","2010-11","2010-12","2011-01","2011-02","2011-03","2011-04","2011-05","2011-06","2011-07","2011-08","2011-09","2011-10","2011-11","2011-12","2012-01","2012-02","2012-03","2012-04","2012-05","2012-06","2012-07","2012-08","2012-09","2012-10","2012-11","2012-12","2013-01","2013-02","2013-03","2013-04","2013-05","2013-06","2013-07","2013-08","2013-09","2013-10","2013-11","2013-12","2014-01","2014-02","2014-03","2014-04","2014-05","2014-06","2014-07","2014-08","2014-09","2014-10","2014-11","2014-12","2015-01","2015-02","2015-03","2015-04","2015-05","2015-06","2015-07","2015-08","2015-09","2015-10","2015-11","2015-12","2016-01","2016-02","2016-03","2016-04","2016-05","2016-06","2016-07","2016-08","2016-09","2016-10","2016-11","2016-12","2017-01","2017-02","2017-03","2017-04","2017-05","2017-06","2017-07","2017-08","2017-09","2017-10","2017-11","2017-12","2018-01","2018-02","2018-03","2018-04","2018-05","2018-06","2018-07","2018-08","2018-09","2018-10","2018-11","2018-12","2019-01","2019-02","2019-03","2019-04","2019-05","2019-06","2019-07","2019-08","2019-09","2019-10","2019-11","2019-12","2020-01","2020-02","2020-03","2020-04","2020-05","2020-06","2020-07","2020-08","2020-09","2020-10","2020-11","2020-12","2021-01","2021-02","2021-03","2021-04","2021-05","2021-06","2021-07","2021-08","2021-09","2021-10","2021-11","2021-12","2022-01","2022-02","2022-03","2022-04","2022-05","2022-06","2022-07","2022-08","2022-09","2022-10","2022-11","2022-12","2023-01","2023-02","2023-03","2023-04","2023-05","2023-06","2023-07","2023-08","2023-09","2023-10","2023-11","2023-12","2024-01","2024-02","2024-03","2024-04","2024-05","2024-06","2024-07","2024-08","2024-09","2024-10","2024-11","2024-12","2025-01","2025-02","2025-03","2025-04","2025-05","2025-06","2025-07","2025-08","2025-09","2025-10","2025-11","2025-12","2026-01","2026-02","2026-03"],"values":[7506,6873,9639,8053,9293,10150,9445,9965,9249,8586,8930,9161,7690,7608,9815,9416,11110,10712,12624,13021,11820,12767,13342,13028,10762,10495,11648,12206,13154,13732,15757,14233,13516,14096,11985,12759,9867,9419,11654,11829,12242,13441,14954,12931,13122,12601,11801,12081,9310,9497,12774,12763,12722,15578,18420,16329,15627,15681,15251,15124,11333,11414,14645,12667,13099,14270,13278,12690,11521,11068,11301,11983,10315,9963,12882,12330,13965,15564,16048,17306,13820,14320,14294,11937,10337,10786,13747,14025,17735,14368,18061,17567,15091,14509,14324,13443,11365,10320,10600,10380,11169,11990,13468,14417,14741,15741,14754,14839,12767,12160,14409,14873,13613,16163,17612,15020,13500,12031,10790,10859,8020,7829,9361,10290,10649,12308,13536,13208,13541,12382,12568,13144,10862,10885,13982,11953,13349,16075,16182,16833,15674,15193,15230,15232,12794,12194,14546,12568,14059,15799,16037,16824,13748,13890,13174,9938,8541,8773,8002,8074,8075,7540,6935,5982,5191,5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volume","description":"Follow London's published monthly UK HPI transaction volume.","url":"https://londongraph.com/g/how-many-homes-change-hands","renderer":"primary","default":true,"timeControl":"inherit","datasets":[],"transform":null,"controls":null,"metrics":[],"caveat":null},{"id":"seasonality","label":"Seasonality","description":"Arrange each year by month to expose repeated market-season patterns.","url":"https://londongraph.com/g/how-many-homes-change-hands?view=seasonality","renderer":"seasonality","default":false,"timeControl":"inherit","datasets":[],"transform":null,"controls":null,"metrics":[],"caveat":null},{"id":"change","label":"Monthly change","description":"Show the change in registered transaction volume from the preceding month.","url":"https://londongraph.com/g/how-many-homes-change-hands?view=change","renderer":"delta","default":false,"timeControl":"inherit","datasets":[],"transform":null,"controls":null,"metrics":[],"caveat":null},{"id":"boroughs","label":"Borough volumes","description":"Compare the latest published transaction volume across London authorities.","url":"https://londongraph.com/g/how-many-homes-change-hands?view=boroughs","renderer":"distribution","default":false,"timeControl":"inherit","datasets":["borough-sales-volume"],"transform":null,"controls":null,"metrics":[],"caveat":"Recent UK HPI transaction volumes are provisional and normally revise upward as registrations arrive."}],"availability":"observations","note":"The release is complete for the measures represented on the graph page."}