Swale Not Impacted By Brexit, Property Market Grows By 5% in 2016

6. May 2017 14:02 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Swale had total property sales of £638 millions in 2016
  • The total number of properties sold in 2016 was 2617
  • The average sales price  was £244 K, whereas the median was £220 K
  • New Property sales were 9.42% by value, whereas Not New Property contributed 90.58%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 5%

 

 Swale is one of the districts of Kent

Total Sales By Property Type
Swale - Total Sales By Property Type

Swale had total property sales of £638 millions which was 6.85% of the total Kent Property Market 2016

The split £638 millions across the different property types are:

  • Detached £200 millions (31.32%)
  • Terraced £193 millions (30.2%)
  • Semi-Detached £175 millions (27.37%)
  • Flat/Maisonette £36 millions (5.66%)
  • Other £35 millions (5.45%)

 

Swale Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
ME9 Newington,Teynham,Iwadeand Rural Details Swale
ME10 Sittingbourne,Kemsley,Milton Regis Details Swale
ME11 Queenborough,Rushenden Details Swale
ME12 Isle of Sheppey,Minster,Sheerness,Eastchurch Details Swale
ME13 Faversham,Boughton under Blean,Sellingand rural ar ea Details Swale

 

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

Some of the insights based on the £638 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £73 millions compared to £56 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 5% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact on Swale Property Market in 2016

 

 

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

 Swale had total property sales of 2617.  The split across different property types are:

  • Terraced 960 (36.68%)
  • Semi-Detached 717 (27.4%)
  • Detached 566 (21.63%)
  • Flat/Maisonette 271 (10.36%)
  • Other 103 (3.94%)

 

 

Average & Median Sales Price
Swale - Average & Median Sales Price

 The average sales price in Swale was £244 K and for the different property types it was:

  • Detached £353 K
  • Semi-Detached £244 K
  • Terraced £201 K
  • Flat/Maisonette £133 K
  • Other it is £338 K

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

  • Detached £323 K
  • Semi-Detached £235 K
  • Terraced £190 K
  • Flat/Maisonette £131 K
  • Other it is £180 K

 

 

 

New Vs Not New Property Statistics
Swale - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £60 millions (9.42%)
  • Not New Property contributed £578 millions (90.58%)

By Total Number the split is as follows:

  • New properties sold were 229 (8.75%)
  • Not new property sold were 2,388 (91.25%)

 

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Dartford Beats Brexit, Property Market Grows by 7% in 2016

6. May 2017 14:01 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Dartford had total property sales of £742 millions in 2016
  • The total number of properties sold in 2016 was 2366
  • The average sales price in Dartford was £313 K, whereas the median was £280 K
  • New Property sales were 21.6% by value, whereas Not New Property contributed 78.4%.
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 7.2%

 

 Darford is one of the districts of Kent

Total Sales By Property Type
Dartford - Total Sales By Property Type

Dartford had total property sales of £742 millions which was 7.95% of the total Kent Property Market 2016

The split of £742 millions across the different property types are:

  • Terraced £263 millions (35.48%)
  • Semi-Detached £166 millions (22.41%)
  • Flat/Maisonette £133 millions (17.94%)
  • Detached £124 millions (16.7%)
  • Other £55 millions (7.47%)

 

Dartford Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
BR8 Swanley,Hextable,Crockenhill,Swanley Village Details Sevenoaks, Bromley, Dartford
DA1 Dartford,Crayford,Barnes Cray Details Bexley, Dartford
DA2 Dartford(east),Stone,Wilmington,Bean,Hawley,Darent h, part ofJoydens Wood Details Dartford,Sevenoaks
DA3 Longfield,Hartley,New Ash Green,New Barn,Fawkham Details Dartford,Gravesham, Sevenoaks
DA4 Farningham,Eynsford,South Darenth,Sutton-at-Hone,H orton Kirby Details Dartford, Sevenoaks
DA5 Bexley, parts ofAlbany ParkandJoydens Wood Details Bexley, Dartford
DA9 Greenhithe,Stone Details Dartford
DA10 Swanscombe,Ebbsfleet Details Dartford
DA11 Gravesend(west),Northfleet Details Dartford, Gravesham
DA13 Meopham,Istead Rise,Vigo,Southfleet Details Dartford, Gravesham, Sevenoaks,Tonbridge and Malling

 

 

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

Some of the insights based on the £742 millions month-wise break-down:

Stamp Duty Hike Impact

  1. March had property sale spike of £101 millions compared to £58 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 7.2% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact on Dartford Property Market in 2016

 

 

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

 Dartford had total property sales of 2366. The split across different property types are:

  • Terraced 901 (38.08%)
  • Flat/Maisonette 687 (%)
  • Semi-Detached 482 (20.37%)
  • Detached 239 (10.1%)
  • Other 57 (2.41%)

 

 

Average & Median Sales Price
Dartford - Average & Median Sales Price

  The average sales price in Dartford was £313 K and for the different property types it was:

  • Detached £518 K
  • Semi-Detached £345 K
  • Terraced £292 K
  • Flat/Maisonette £194 K
  • Other it is £972 K

Similarly median sales price in Dartford was £280 K and for the different property types are:

  • Detached £480 K
  • Semi-Detached £340 K
  • Terraced £285 K
  • Flat/Maisonette £196 K
  • Other it is £276 K

 

 

New Vs Not New Property Statistics
Dartford - New Vs Not New Property Statistics

  By Sales Value the split is as follows:

  • New Property contributed £160 millions (21.6%)
  • Not New Property contributed £581 millions (78.4%)

By Total Number the split is as follows:

  • New properties sold were 533 (22.53%)
  • Not new property sold were 1,833 (77.47%)

 

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Ashford Property Market Witnesses Double Digit Growth of 10% in 2016 Despite Brexit

6. May 2017 14:00 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Ashford had total property sales of £772 millions in 2016
  • The total number of properties sold in 2016 was 2,636
  • The average sales price  was £293 K, whereas the median was £240 K
  • New Property sales were 17.43% by value, whereas Not New Property contributed 82.57%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 10%

 

 Ashford is one of the districts of Kent

Total Sales By Property Type
Ashford - Total Sales By Property Type

Ashford had total property sales of £772 millions which was 8.28% of the total Kent Property Market 2016

The split £772 millions across the different property types are:

  • Detached £317 millions (41.04%)
  • Semi-Detached £169 millions (21.87%)
  • Terraced £148 millions (19.19%)
  • Other £73 millions (9.5%)
  • Flat/Maisonette £65 millions (8.4%)

 

Ashford Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
CT4 Chartham,Bridge Details Canterbury, Ashford
TN17 Cranbrook,Goudhurst,Benenden,Frittenden Details Ashford, Tunbridge Wells
TN23 Ashford(town centre),Kingsnorth,Singleton Details Ashford
TN24 Willesborough,Kennington,Boughton Aluph, Goat Lees Details Ashford
TN25 Challock,Wye,Stowting,Brook Details Ashford,Shepway
TN26 Bethersden,Hamstreet,Shadoxhurst,Woodchurch Details Ashford
TN27 Headcorn,Biddenden Details Ashford, Maidstone
TN30 Tenterden,Wittersham Details Ashford

 

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

Some of the insights based on the £772 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £113 millions compared to £66 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 10% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact and there was robust growth

 

 

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

 Ashford had total property sales of 2636.  The split across the different property types are:

  • Detached 737 (27.96%)
  • Terraced 677 (25.68%)
  • Semi-Detached 647 (24.54%)
  • Flat/Maisonette 488 (18.51%)
  • Other 87 (3.3%)

 

 

Average & Median Sales Price
Ashford - Average & Median Sales Price

  The average sales price in Ashford was £293 K and for different property types it was:

  • Detached £430 K
  • Semi-Detached £261 K
  • Terraced £219 K
  • Flat/Maisonette £133 K
  • Other it is £842 K

Similarly median sales price in Ashford was £240 K and for different property types are:

  • Detached £380 K
  • Semi-Detached £245 K
  • Terraced £205 K
  • Flat/Maisonette £130 K
  • Other it is £340 K

 

 

 

New Vs Not New Property Statistics
Ashford - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £135 millions (17.43%)
  • Not New Property contributed £637 millions (82.57%)

By Total Number the split is as follows:

  • New properties sold were 560 (21.24%)
  • Not new property sold were 2,076 (78.76%)

 

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Tonbridge and Malling Property Market Growth of 4 % in 2016

6. May 2017 13:59 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Tonbridge and Malling had total property sales of £938 millions in 2016
  • The total number of properties sold in 2016 was 2492
  • The average sales price in Tonbridge and Malling was £376 K, whereas the median was £320 K
  • New Property sales were 15.74% by value, whereas Not New Property contributed 84.26%.
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was growth of 4%

 

Tonbridge and Malling is one of the districts of Kent.

Total Sales By Property Type
Tonbridge and Malling - Total Sales By Property Type

Tonbridge and Malling had total property sales of £938 millions which was 10.06% of the total Kent Property Market 2016

The split £938 millions across the different property types are:

  • Detached £337 millions (35.97%)
  • Semi-Detached £233 millions (24.85%)
  • Terraced £188 millions (20.07%)
  • Flat/Maisonette £104 millions (11.1%)
  • Other £75 millions (8.02%)

 

Tonbridge and Malling Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
DA13 Meopham,Istead Rise,Vigo,Southfleet Details Dartford, Gravesham, Sevenoaks, Tonbridge and Malling
ME1 Rochester,Burham,Wouldham Details Medway, Tonbridge and Malling
ME5 Walderslade,Blue Bell Hill,Lordswood,Luton Details Medway (and smaller areas within Maidstone, Tonbridge and Malling)
ME6 Snodland Details Tonbridge and Malling
ME18 Wateringbury,Mereworth,Teston,Nettlestead,West Pec kham,Yalding,Laddingford Details Maidstone, Tonbridge and Malling
ME19 West Malling,Kings Hill,Leybourne,East Malling Details Tonbridge and Malling
ME20 Aylesford,Ditton,Larkfield,Eccles Details Tonbridge and Malling
TN9 Tonbridge Details Tonbridge and Malling
TN10 Tonbridge Details Tonbridge and Malling
TN11 Penshurst,Hildenborough,Hadlow Details Sevenoaks, Tonbridge and Malling, Tunbridge Wells
TN12 Paddock Wood,Staplehurst,Brenchley,Horsmonden,Mard en,East Peckham Details Maidstone, Tonbridge and Malling, Tunbridge Wells
TN15 Kemsing,Ightham,Plaxtol,Wrotham,Sevenoaks Weald Details Sevenoaks, Tonbridge and Malling

 

Month-wise Break-up of Total Sales
Tonbridge and Malling - Month-wise Break-up of Total Sales

 Some of the insights based on the £938 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £131 millions compared to £68 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 4% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact and there was good growth in Tonbridge and Malling Property Market in 2016

 

Total No Of Properties Sold By Property Type
Tonbridge and Malling - Total No Of Properties Sold By Property Type

Tonbridge and Malling had total property sales of 2492.The split across different property types are:

  • Terraced 654 (26.24%)
  • Semi-Detached 640 (25.68%)
  • Detached 606 (24.32%)
  • Flat/Maisonette 438 (17.58%)
  • Other 154 (6.18%)

 

Average & Median Sales Price
Tonbridge and Malling - Average & Median Sales Price

  The average sales price in Tonbridge and Malling was £376 K and for different property types it was:

  • Detached £557 K
  • Semi-Detached £364 K
  • Terraced £288 K
  • Flat/Maisonette £238 K
  • Other it is £488 K

Similarly median sales price in Tonbridge and Malling was £320 K and for different property types are:

  • Detached £495 K
  • Semi-Detached £336 K
  • Terraced £275 K
  • Flat/Maisonette £225 K
  • Other it is £153 K

 

New Vs Not New Property Statistics
Tonbridge and Malling - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £148 millions (15.74%)
  • Not New Property contributed £790 millions (84.26%)

By Total Number the split is as follows:

  • New properties sold were 407 (16.33%)
  • Not new property sold were 2,085 (83.67%)

 

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Canterbury Property Market in 2016 defies Brexit, Shows Strong Growth Of 7.68%

6. May 2017 13:59 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Canterbury had total property sales of £911 millions in 2016
  • The total number of properties sold in 2016 was 2801
  • The average sales price in Canterbury was £325 K, whereas the median was £265 K
  • New Property sales were 3.39% by value, whereas Not New Property contributed 96.61%.
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was strong growth of 7.68%

 

Canterbury is one of the districts of Kent.

Total Sales By Property Type
Canterbury - Total Sales By Property Type

Canterbury had total property sales of £911 millions which was 9.77% of the total Kent Property Market 2016

The split £911 millions across the different property types are:

  • Detached £326 millions (35.8%)
  • Semi-Detached £205 millions (22.4%)
  • Terraced £176 millions (19.36%)
  • Flat/Maisonette £102 millions (11.19%)
  • Other £102 millions (11.18%)

 

Canterbury Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
CT1 Canterbury(south and city centre) Details Canterbury
CT2 Canterbury(north),Harbledown,Rough Common,Sturry,F ordwich,Blean,Tyler Hill,Broad Oak,Westbere Details Canterbury
CT3 Wingham Details Canterbury,Dover
CT4 Chartham,Bridge Details Canterbury,Ashford
CT5 Whitstable,Seasalter,Tankerton,Chestfield,Swalecli ffe,Yorkletts Details Canterbury
CT6 Herne Bay,Herne,Broomfield,Greenhill,Eddington,Bel tinge,Reculver Details Canterbury

 

 

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

 Some of the insights based on the £911 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £131 millions compared to £69 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 7.68% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact and there was robust growth

 

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

 Canterbury had total property sales of 2801.  The split across different property types are:

  • Detached 787 (28.1%)
  • Semi-Detached 729 (26.03%)
  • Terraced 628 (22.42%)
  • Flat/Maisonette 545 (19.46%)
  • Other 112 (4%)

 

Average & Median Sales Price
Canterbury - Average & Median Sales Price

  The average sales price in Canterbury was £325 K and for different property types it was:

  • Detached £414 K
  • Semi-Detached £281 K
  • Terraced £281 K
  • Flat/Maisonette £187 K
  • Other it is £910 K

Similarly median sales price in Canterbury was £265 K and for different property types are:

  • Detached £363 K
  • Semi-Detached £263 K
  • Terraced £255 K
  • Flat/Maisonette £180 K
  • Other it is £154 K

 

New Vs Not New Property Statistics
Canterbury - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £31 millions (3.39%)
  • Not New Property contributed £880 millions (96.61%)

By Total Number the split is as follows:

  • New properties sold were 103 (3.68%)
  • Not new property sold were 2,698 (96.32%)

 

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