Real Estate

European Real Estate Transaction Trends: 2023–2024

Analysis of 162,232 property transactions across the UK and France - pricing trends, geographic hotspots, and institutional activity.

Published by GP Stakes, the private markets intelligence platform

445
UK Transactions
161,787
France Transactions
£5.4M
UK Avg Price
€15.3M
France Avg Price

Market Overview: UK vs France

MarketTransactionsTotal ValueAverage Price
United Kingdom445£2.4B£5.4M
France161,787€2473.4B€15.3M

UK Transactions by Property Type

TypeCountAvg PriceTotal Value
Commercial284£7.4M£2.1B
Residential161£1.8M£295.2M

Quarterly Price Trends

QuarterMarketTransactionsAvg PriceTotal Value
Q1 2023France12,628€15.4M€193.9B
Q1 2023UK26£1.9M£50.0M
Q2 2023France13,916€9.1M€126.3B
Q2 2023UK14£2.7M£37.5M
Q3 2023France12,265€9.6M€117.3B
Q3 2023UK17£46.1M£783.4M
Q4 2023France33,540€15.5M€521.5B
Q4 2023UK20£2.6M£52.0M
Q1 2024France18,971€9.4M€177.6B
Q1 2024UK17£5.4M£91.9M
Q2 2024France15,471€13.4M€207.3B
Q2 2024UK28£2.3M£65.2M
Q3 2024France18,293€18.6M€339.7B
Q3 2024UK59£7.3M£430.2M
Q4 2024France36,703€21.5M€789.7B
Q4 2024UK264£3.3M£877.5M

Top UK Postcode Areas by Volume

Postcode AreaTransactionsAvg Price
W1W11£2.4M
W127£1.5M
6£2.7M
CV15£1.6M
SW75£4.2M
EC3N5£11.3M
NW35£2.5M
SW185£1.2M
W24£3.0M
SO314£1.6M
SE214£2.4M
SW64£1.3M
EX164£2.3M
NE64£2.3M
SW114£1.6M

Top French Cities/Départements by Volume

LocationTransactionsAvg Price
Bagnolet6,016€5.2M
Bondy4,311€100.2M
Toulouse3,740€10.0M
Paris 16e Arrondissement3,399€11.9M
Nice3,171€8.6M
Bordeaux2,520€7.7M
Le Kremlin-Bicêtre2,483€32.3M
Paris 8e Arrondissement2,230€27.2M
Antony2,026€15.3M
Nantes1,899€9.5M
Paris 12e Arrondissement1,869€44.3M
Paris 15e Arrondissement1,860€17.4M
Villeneuve-Saint-Georges1,844€13.7M
Paris 7e Arrondissement1,820€8.3M
Paris 11e Arrondissement1,641€13.4M

Institutional Transactions (≥£10M / €10M)

MarketInstitutional DealsTotal Value
UK34£1.5B
France62,547€2061.0B

Year-over-Year Comparison

YearMarketTransactionsTotal ValueAvg Price
2023France72,349€959.0B€13.3M
2023UK77£922.9M£12.0M
2024France89,438€1514.3B€16.9M
2024UK368£1.5B£4.0M

Methodology

Transaction data sourced from UK Land Registry Price Paid Data and French DVF (Demandes de Valeurs Foncières) open data. All prices shown in local currency. UK data covers registered sales in England & Wales. French data covers recorded sales across mainland France.

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