But the figure of £102,650 fell from the record gross profit of £112,930 in 2022.
Estate agent Hamptons looked at Land Registry data for sales in 2023 where the home had been purchased in the past 20 years.
Some 93% sold for more than they had paid, having owned their home for an average of nearly nine years.
The average seller in England and Wales last year made a 48% gain, down from 54% in 2022.
The decrease is owing to small price falls last year but also because more households moved home sooner. Some 8% of those who sold in 2023 had bought two years earlier, increasing from 5% of those who sold in 2022.
These 2023 sellers made £56,170 or 23% more, despite the quick turnaround.
Such households were likely to be selling in the countryside and moving to the city as Covid’s “race for space” unwinds, the report said.
In 2023 the average home in Wales sold for 53% more than its purchase price, surpassing the London average of 51%.
This was due to a slower recovery in prices in Wales after the 2008 financial crash.
Hamptons said: “The scale of historic price growth sheltered movers last year, freeing up cash to cover costs.”
