Chiltern Property Market Impacted By Brexit, Suffers Double Digit Decline in 2016

Story Highlights

  • Chiltern had total property sales of £891 millions in 2016
  • The total number of properties sold in 2016 was 1,484 properties
  • The average sales price in Chiltern was £601 K K, whereas median was £505 K
  • New Property sales were 7.24% by value, where as Not New 92.76%
  • Stamp duty hike caused monthly spike in March
  • Brexit coupled with Stamp Duty Hike had negative impact on Chiltern Property Market in 2016, causing decline of 13.83% over 2015

 

Chiltern is one of the districts of Buckinghamshire

Total Sales By Property Type
Chiltern - Total Sales By Property Type

Chiltern had total property sales of £891 millions which was 20.24% of the total Buckinghamshire Property Market 2016

The split £891 millions across the different property types are:

  • Detached £495 millions (55.52%)
  • Semi-Detached £143 millions (16%)
  • Terraced £117 millions (13.14%)
  • Flat/Maisonette £96 millions (10.77%)
  • Other £41 millions (4.58%)

 

Chiltern Property Market at Postcode level

Postcode Coverage Area School Local Authority Area
HP5 Chesham,Ashley Green,Bellingdon,Botley,Chartridge, Hawridge,Latimer,Lye Green,Newtown,Waterside,Whelp ley Hill Details Chiltern
HP6 Amersham(north),Chesham Bois,Hyde Heath,Little Cha lfont Details Chiltern
HP7 Amersham (south),Coleshill,Little Chalfont,Little Missenden,Penn Street,Winchmore Hill Details Chiltern
HP8 Chalfont St Giles Details Chiltern
HP9 Beaconsfield,Forty Green,Holtspur,Jordans,Knotty G reen,Seer Green Details South Bucks, Chiltern
HP10 High Wycombe,Flackwell Heath,Handy Cross,Hedsor,Lo udwater,Penn,Tylers Green,Wooburn,Wooburn Green,Wo oburn Moor Details Wycombe, Chiltern
HP15 Cryers Hill,Great Kingshill,Hazlemere,Holmer Green ,Hughenden Valley Details Wycombe, Chiltern
HP16 Great Missenden,Ballinger,The Lee,Little Hampden,L ittle Kingshill,Prestwood,South Heath Details Chiltern, Wycombe
HP23 Aldbury,Buckland Common,Cholesbury,Hastoe,Long Mar ston,Marsworth,New Mill,Puttenham,St Leonards,Trin g,Wigginton,Wilstone Details Dacorum, Chiltern
SL9 Gerrards Cross,Chalfont St Peter,Chalfont Common, Horn Hill Details South Bucks, Chiltern
WD3 Rickmansworth,Chorleywood,Croxley Green,Loudwater, Mill End,Maple Cross,Sarratt,Batchworth,Chenies,Ha refield(part),West Hyde,Heronsgate, Chandlers Cros s Details Three Rivers, Chiltern,Hillingdon

 

Month-wise Break-up of Total Sales
Chiltern - Month-wise Break-up of Total Sales

Some of the insights based on the £891 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £127 millions compared to £55 millions in Feb
  2. The impetus for it was to avoid the extra 3% in Stamp Duty Tax applicable on buying an additional home, being applicable from April 1 2016

Brexit Impact

  1. Brexit took place on 23rd June 2016.
  2. Year on Year decline  has been 13.83% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike had negative impact on Chiltern Property Market in 2016

 

Total No Of Properties Sold By Property Type
Chiltern - Total No Of Properties Sold By Property Type

Chiltern had total property sales of 1,484.  The split across different property types are:

  • Detached 550 (37.06%)
  • Flat/Maisonette 306 (20.62%)
  • Terraced 288 (19.41%)
  • Semi-Detached 282 (19%)
  • Other 58 (3.91%)

 

Average & Median Sales Price
Chiltern - Average & Median Sales Price

The average sales price in Chiltern was £601 K and for the different property types it was:

  • Detached £900 K
  • Semi-Detached £506 K
  • Terraced £407 K
  • Flat/Maisonette £314 K
  • Other it is £703 K

Similarly median sales price in Chiltern was £505 K and for the different property types are:

  • Detached £773 K
  • Semi-Detached £473 K
  • Terraced £365 K
  • Flat/Maisonette £260 K
  • Other it is £438 K

  

New Vs Not New Property Statistics
Chiltern - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Property contributed £65 millions (7.24%)
  • Not New Property contributed £827 millions (92.76%)

By Total Number the split is as follows:

  • New properties sold were 116 (7.82%)
  • Not new property sold were 1368 (92.18%)

 

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Reference

HP Postcode Area As Per Wikipedia

 

 

Gravesham Property Market Has Had Modest Growth of 1.18% In 2016

Story Highlights

  • Gravesham had total property sales of £428 millions in 2016
  • The total number of properties sold in 2016 was 1449
  • The average sales price in Gravesham was £296 K, whereas the median was £260 K
  • New Property sales were 0.57% by value, whereas Not New Property contributed 99.43%.
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes  did not cause decline, there was growth of 1.18%

 

Gravesham is one of the districts of Kent

Total Sales By Property Type
Gravesham - Total Sales By Property Type

Gravesham had total property sales of £428 millions which was 4.59% of the total Kent Property Market 2016

The split £428 millions across the different property types are:

  • Terraced £143 millions (33.47%)
  • Semi-Detached £118 millions (27.51%)
  • Detached £96 millions (22.31%)
  • Flat/Maisonette £46 millions (10.66%)
  • Other £26 millions (6.05%)

 

Gravesham Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
DA3 Longfield,Hartley,New Ash Green,New Barn,Fawkham Details Dartford, Gravesham, Sevenoaks
DA11 Gravesend(west),Northfleet Details Dartford, Gravesham
DA12 Gravesend(east),Chalk,Shorne,Cobham Details Gravesham
DA13 Meopham,Istead Rise,Vigo,Southfleet Details Dartford, Gravesham, Sevenoaks,Tonbridge and Malling
ME3 Rural,Hoo Peninsula,Higham Details Medway, Gravesham

 

Month-wise Break-up of Total Sales
Gravesham - Month-wise Break-up of Total Sales

 Some of the insights based on the £428 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £55 millions compared to £31 millions in Feb
  2. The impetus for it was to avoid the extra 3% in Stamp Duty Tax applicable on buying an additional home, being applicable from April 1 2016

Brexit Impact

  1. Brexit took place on 23rd June 2016.
  2. Year on Year growth has been 1.18% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not cause decline of Gravesham Property Market in 2016

 

Total No Of Properties Sold By Property Type
Gravesham - Total No Of Properties Sold By Property Type

 Gravesham had total property sales of 1449.  The split across different property types are:

  • Terraced 552 (38.1%)
  • Semi-Detached 365 (25.19%)
  • Flat/Maisonette 290 (20.01%)
  • Detached 201 (13.87%)
  • Other 41 (2.83%)

 

Average & Median Sales Price
Gravesham - Average & Median Sales Price

 The average sales price in Gravesham was £296 K and for different property types it was:

  • Detached £475 K
  • Semi-Detached £323 K
  • Terraced £260 K
  • Flat/Maisonette £157 K
  • Other it is £632 K

Similarly median sales price in Gravesham was £260 K and for different property types are:

  • Detached £450 K
  • Semi-Detached £302 K
  • Terraced £250 K
  • Flat/Maisonette £156 K
  • Other it is £260 K

 

New Vs Not New Property Statistics
Gravesham - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £2 millions (0.57%)
  • Not New Property contributed £426 millions (99.43%)

By Total Number the split is as follows:

  • New properties sold were 8 (0.55%)
  • Not new property sold were 1,441 (99.45%)

 

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Dover Property Market Grows by 7% in 2016, Shrugs off Brexit

Story Highlights

  • Dover had total property sales of £593 Billions in 2016
  • The total number of properties sold in 2016 was 2,413
  • The average sales price in Dover was £246 K, whereas the median was £208 K
  • New Property sales were 9.69% by value, whereas Not New Property contributed 90.31%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 7%

 

 

Total Sales By Property Type
Dover - Total Sales By Property Type

Dover had total property sales of £593 millions which was 7% of the total Kent Property Market 2016

The split £593 millions across the different property types are:

  • Detached £192 millions (32.44%)
  • Terraced £170 millions (28.64%)
  • Semi-Detached £147 millions (24.85%)
  • Flat/Maisonette £47 millions (7.89%)
  • Other £37 millions (6.19%)

 

 

Month-wise Break-up of Total Sales
Dover - Month-wise Break-up of Total Sales

Some of the insights based on the £593 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £74 millions compared to £50 millions in Feb
  2. The impetus for it was to avoid the extra 3% in Stamp Duty Tax applicable on buying an additional home, being applicable from April 1 2016

Brexit Impact

  1. Brexit took place on 23rd June 2016.
  2. Year on Year growth has been 7% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike had negative impact on Dover Property Market in 2016

 

 

Total No Of Properties Sold By Property Type
Dover - Total No Of Properties Sold By Property Type

 Dover had total property sales of 2413.  The split across different property types are:

  • Terraced 874 (36.22%)
  • Semi-Detached 639 (26.48%)
  • Detached 518 (21.47%)
  • Flat/Maisonette 320 (13.26%)
  • Other 62 (2.57%)

 

 

Average & Median Sales Price
Dover - Average & Median Sales Price

  The average sales price in Dover was £246 K and for different property types it was:

  • Detached £371 K
  • Semi-Detached £231 K
  • Terraced £194 K
  • Flat/Maisonette £146 K
  • Other it is £592 K

Similarly median sales price in Dover was £208 K and for different property types are:

  • Detached £325 K
  • Semi-Detached £215 K
  • Terraced £175 K
  • Flat/Maisonette £125 K
  • Other it is £300 K

 

 

New Vs Not New Property Statistics
Dover - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £57 millions (9.69%)
  • Not New Property contributed £535 millions (90.31%)

By Total Number the split is as follows:

  • New properties sold were 235 (9.74%)
  • Not new property sold were 2,178 (90.26%)

 

 

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Shepway Property Market Not Impacted By Brexit, Grows By 16% in 2016

Story Highlights

  • Shepway had total property sales of £627 millions in 2016
  • The total number of properties sold in 2016 was 2290
  • The average sales price in Shepway was £274 K, whereas the median was £220 K
  • New Property sales were 9.25% by value, whereas Not New Property contributed 90.75%.
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 16%

 

 Shepway is one of the districts of Kent

Total Sales By Property Type
Shepway - Total Sales By Property Type

Shepway had total property sales of £627 millions which was % of the total Kent Property Market 2016

The split £627 millions across the different property types are:

  • Detached £212 millions (33.8%)
  • Semi-Detached £130 millions (20.78%)
  • Terraced £127 millions (20.27%)
  • Flat/Maisonette £97 millions (15.52%)
  • Other £60 millions (9.63%)

 

Shepway Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
CT18 Hawkinge,Lyminge,Etchinghill,Capel-le-Ferne,Densol e,Newington Details Shepway, Dover
CT19 Folkestone(north),Cheriton Details Shepway
CT20 Folkestone(south),Sandgate Details Shepway
CT21 Hythe,Saltwood,Lympne,Postling,Newingreen,West Hyt he,Westenhanger Details Shepway
TN25 Challock,Wye,Stowting,Brook Details Ashford, Shepway
TN28 New Romney,Greatstone-on-Sea,Littlestone-on-Sea Details Shepway
TN29 Lydd Details Shepway

 

Month-wise Break-up of Total Sales
Shepway - Month-wise Break-up of Total Sales

Some of the insights based on the £627 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £78 millions compared to £46 millions in Feb
  2. The impetus for it was to avoid the extra 3% in Stamp Duty Tax applicable on buying an additional home, being applicable from April 1 2016

Brexit Impact

  1. Brexit took place on 23rd June 2016.
  2. Year on Year growth has been 16% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact on Shepway Property Market in 2016

 

Total No Of Properties Sold By Property Type
Shepway - Total No Of Properties Sold By Property Type

Shepway had total property sales of 2290.  The split across different property types are:

  • Terraced 617 (26.94%)
  • Flat/Maisonette 586 (25.59%)
  • Detached 528 (23.06%)
  • Semi-Detached 498 (21.75%)
  • Other 61 (2.66%)

 

Average & Median Sales Price
Shepway - Average & Median Sales Price

  The average sales price in Shepway was £274 K and for different property types it was:

  • Detached £401 K
  • Semi-Detached £262 K
  • Terraced £206 K
  • Flat/Maisonette £166 K
  • Other it is £990 K

Similarly median sales price in Shepway was £220 K and for different property types are:

  • Detached £350 K
  • Semi-Detached £238 K
  • Terraced £193 K
  • Flat/Maisonette £139 K
  • Other it is £250 K

 

New Vs Not New Property Statistics
Shepway - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £58 millions (9.25%)
  • Not New Property contributed £569 millions (90.75%)

By Total Number the split is as follows:

  • New properties sold were 165 (7.21%)
  • Not new property sold were 2,125 (92.79%)

 

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Thanet Property Market Had Double Digit Growth of 11% in 2016, Shrugs off Brexit

Story Highlights

  • Thanet had total property sales of £729 millions in 2016
  • The total number of properties sold in 2016 was 3172
  • The average sales price in Thanet was £230 K, whereas the median was £199 K
  • New Property sales were 3.47% by value, whereas Not New Property contributed 96.53%.
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was growth of 11%

 

Thanet is one of the districts of Kent.

Total Sales By Property Type
Thanet - Total Sales By Property Type

Thanet had total property sales of £729 millions which was 7.82% of the total Kent Property Market 2016

The split £729 millions across the different property types are:

  • Detached £208 millions (28.52%)
  • Semi-Detached £184 millions (25.3%)
  • Terraced £175 millions (23.97%)
  • Flat/Maisonette £118 millions (16.12%)
  • Other £44 millions (6.1%)

 

Thanet Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
CT7 Birchington-on-Sea,St Nicholas-at-Wade,Sarre,Acol Details Thanet
CT8 Westgate-on-Sea Details Thanet
CT9 Margate,Cliftonville,Birchington Details Thanet
CT10 Broadstairs,St Peters Details Thanet
CT11 Ramsgate Details Thanet
CT12 Northwood,Minster-in-Thanet,Cliffsend,Monkton,Mans ton Details Thanet

 

Month-wise Break-up of Total Sales
Thanet - Month-wise Break-up of Total Sales

 Some of the insights based on the £729 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £111 millions compared to £57 millions in Feb
  2. The impetus for it was to avoid the extra 3% in Stamp Duty Tax applicable on buying an additional home, being applicable from April 1 2016

Brexit Impact

  1. Brexit took place on 23rd June 2016.
  2. Year on Year growth  has been 11% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact on Thanet Property Market in 2016

 

Total No Of Properties Sold By Property Type
Thanet - Total No Of Properties Sold By Property Type

 Thanet had total property sales of 3172. The split across the different property types are:

  • Terraced 873 (27.52%)
  • Flat/Maisonette 843 (26.58%)
  • Semi-Detached 771 (24.31%)
  • Detached 562 (17.72%)
  • Other 123 (3.88%)

 

Average & Median Sales Price
Thanet - Average & Median Sales Price

 The average sales price in Thanet was £230 K and for the different property types it was:

  • Detached £370 K
  • Semi-Detached £239 K
  • Terraced £200 K
  • Flat/Maisonette £139 K
  • Other it is £361 K

Similarly median sales price in Thanet was £199 K and for the different property types are:

  • Detached £340 K
  • Semi-Detached £230 K
  • Terraced £183 K
  • Flat/Maisonette £125 K
  • Other it is £132 K

 

New Vs Not New Property Statistics
Thanet - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £25 millions (3.47%)
  • Not New Property contributed £704 millions (96.53%)

By Total Number the split is as follows:

  • New properties sold were 104 (3.28%)
  • Not new property sold were 3,068 (96.72%)

 

 

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