Maidstone Property Market Grows in 2016 Grows 2.17% Despite Brexit and Stamp Duty Hike

Story Highlights

  • Maidstone had total property sales of £965 millions in 2016
  • The total number of properties sold in 2016 was 3120
  • The average sales price in Maidstone was £309 K, whereas the median was £268 K
  • New Property sales were 10.52% by value, whereas Not New Property contributed 89.48%.
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was growth of 2.17%

 

Maidstone is one of the districts of Kent.

Total Sales By Property Type
Maidstone - Total Sales By Property Type

 Maidstone had total property sales of £965 millions which was 10.35% of the total Kent Property Market 2016

The split £965 millions across the different property types are:

  • Detached £308 millions (31.96%)
  • Semi-Detached £249 millions (25.85%)
  • Terraced £218 millions (22.64%)
  • Flat/Maisonette £113 millions (11.71%)
  • Other £76 millions (7.84%)

 

Maidstone Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
ME5 Walderslade,Blue Bell Hill,Lordswood,Luton Details Medway, Maidstone, Tonbridge and Malling
ME14 Maidstone,Bearsted,Grove Green Details Maidstone
ME15 Bearsted(Madginford),Downswood,Shepway,Senacre, Ma idstone Town Centre,Loose,Mangravet,Park Wood,Tovi l,East Farleigh,West Farleigh Details Maidstone
ME16 Barming,Allingtonand west Maidstone Details Maidstone
ME17 Hollingbourne,Hucking,Harrietsham,Lenham,Boughton Monchelsea,Linton,Coxheath,Chart Sutton,East Sutto n,Langley,Kingswood,Sutton Valence Details Maidstone
ME18 Wateringbury,Mereworth,Teston,Nettlestead,West Pec kham,Yalding,Laddingford Details Maidstone, Tonbridge and Malling
TN12 Paddock Wood,Staplehurst,Brenchley,Horsmonden,Mard en,East Peckham Details Maidstone, Tonbridge and Malling, Tunbridge Wells
TN27 Headcorn,Biddenden Details Ashford, Maidstone

 

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

 Some of the insights based on the £965 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £118 millions compared to £67 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 2.17% in 2016
  3. Brexit coupled with Stamp Duty Hike did not have negative impact on Maidstone Property Market in 2016

 

 

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

 Maidstone had total property sales of 3120.  The split across different property types are:

  • Terraced 883 (28.3%)
  • Semi-Detached 820 (26.28%)
  • Flat/Maisonette 677 (21.7%)
  • Detached 646 (20.71%)
  • Other 94 (3.01%)

 

 

Average & Median Sales Price
Maidstone - Average & Median Sales Price

The average sales price in Maidstone was £309 K and for different property types it was:

  • Detached £477 K
  • Semi-Detached £304 K
  • Terraced £247 K
  • Flat/Maisonette £167 K
  • Other it is £805 K

Similarly median sales price in Maidstone was £268 K and for different property types are:

  • Detached £434 K
  • Semi-Detached £291 K
  • Terraced £231 K
  • Flat/Maisonette £160 K
  • Other it is £355 K

 

 

New Vs Not New Property Statistics
Maidstone - New Vs Not New Property Statistics

By Sales Value the split is as follows:

  • New Property contributed £101 millions (10.52%)
  • Not New Property contributed £863 millions (89.48%)

By Total Number the split is as follows:

  • New properties sold were 364 (11.67%)
  • Not new property sold were 2,756 (88.33%)

 

 

 All Kent Posts

HP Postcode Area - HP17, HP18, HP19, HP20, HP21, HP22, HP23, HP27 Property Market 2016

Please click here for the updated version of this post

This Post covers 

  • Coverage Area of Postcode HP17 to HP27
  • Total Sales By Postcode HP17 to HP27
  • Average & Median Sales Price By Postcode HP17 to HP27
  • Total Number of Sales By Postcode HP17 to HP27
  • Multi Year Property Trend Analysis By Postcode HP17 to HP27
  • Schools for Postcode Area HP
  • Posts for Postcode Area HP

 

Coverage Area of Postcode HP17 to HP27

Postcode                 Coverage Area          Local Authority Area  
HP17

Aston Sandford, Bishopstone, Butler's Cross, Dinton, Dorton, Ellesborough, Ford, The Kimbles, Kingsey, Haddenham, Meadle, Nash Lee, Stone, Upton, Westlington

Aylesbury Vale
HP18 Ashendon, Berryfields, Boarstall, Brill, Chearsley, Chilton, Cuddington, Dorton, Easington, Edgcott, Grendon Underwood, Ickford, Kingswood, Long Crendon, Lower Winchendon, Ludgershall, Oakley, Shabbington, Upper Winchendon, Waddesdon, Westcott, Worminghall, Wotton Underwood Aylesbury Vale
HP19 Aylesbury, Berryfields, Buckingham Park, Fairford Leys, Prebendal Farm, Quarrendon, Watermead Aylesbury Vale
HP20 Aylesbury, Aylesbury Town Centre, Broughton, Elmhurst Aylesbury Vale
HP21 Aylesbury, Bedgrove, Elm Farm, Queens Park, Southcourt, Walton, Walton Court Aylesbury Vale
HP22 Aston Abbotts, Aston Clinton, Bierton, Buckland, Drayton Beauchamp, Dunsmore, Halton, Hardwick, Hulcott, North Lee, Nup End, Oving, Pitchcott, Quainton, Rowsham, Stoke Mandeville, Weedon, Wendover, Weston Turville, Whitchurch, Wingrave Aylesbury Vale
HP23 Aldbury, Buckland Common, Cholesbury, Hastoe, Long Marston, Marsworth, New Mill, Puttenham, St Leonards, Tring, Wigginton, Wilstone Dacorum, Chiltern
HP27 Askett, Bledlow, Ilmer, Lacey Green, Longwick, Loosley Row, Monks Risborough, Owlswick, Pitch Green, Princes Risborough, Saunderton, Speen Wycombe

 

Total Sales By Postcode in 2016
HP Property Market - Total Sales By Postcode

  *M represents millions 

Average & Median Sales Price By Postcode in 2016
HP Property Market - Average & Median Sales Price By Postcode

 

Total Number Of Sales By Postcode in 2016
HP Property Market - Total Number Of Sales By Postcode

 

Multi Year Property Trend Analysis By Postcode

 

Schools for Postcode Area HP

 

Posts for Postcode Area HP

 

All Postcode Area Posts 

 

 Reference

HP Postcode Area As Per Wikipedia

 

HP Postcode Area - HP10, HP11, HP12, HP13, HP14,HP15,HP16 Property Market 2016

Please click here for the updated version of this post

This Post covers 

  • Coverage Area of Postcode HP10 to HP16
  • Total Sales By Postcode HP10 to HP16
  • Average & Median Sales Price By Postcode HP10 to HP16
  • Total Number of Sales By Postcode HP10 to HP16
  • Multi Year Property Trend Analysis By Postcode HP10 to HP16
  • Schools for Postcode Area HP
  • Posts for Postcode Area HP

 

Coverage Area of Postcode HP10 to HP16

Postcode                 Coverage Area           Local Authority Area  
HP10

High Wycombe, Flackwell Heath, Handy Cross, Hedsor, Loudwater,Penn, Tylers Green, Wooburn, Wooburn Green, Wooburn Moor

Wycombe, Chiltern
HP11 Wycombe Marsh Wycombe
HP12 High Wycombe, Booker, Sands Wycombe
HP13 High Wycombe, Downley, Totteridge Wycombe
HP14 Beacon's Bottom, Bledlow Ridge, Bolter End, Bradenham, Cadmore End, Hughenden Valley, Ibstone, Lane End, Naphill, Northend, Stokenchurch, The City, Upper North Dean, West Wycombe Wycombe
HP15 Cryers Hill, Great Kingshill, Hazlemere, Holmer Green, Hughenden Valley Wycombe, Chiltern
HP16 Great Missenden, Ballinger, The Lee, Little Hampden, Little Kingshill, Prestwood, South Heath Wycombe, Chiltern

 

Total Sales By Postcode in 2016

HP Property Market - Total Sales By Postcode

 *M represents millions

Average & Median Sales Price By Postcode in 2016

HP Property Market - Average & Median Sales Price By Postcode

 

Total Number Of Sales By Postcode in 2016

HP Property Market - Total Number Of Sales By Postcode

 

Multi Year Property Trend Analysis By Postcode

Postcode Post
HP10 Trend Analysis Details
HP11 Trend Analysis Details
HP12 Trend Analysis Details
HP13 Trend Analysis Details
HP14 Trend Analysis Details
HP15 Trend Analysis Details
HP16 Trend Analysis Details

 

Schools for Postcode Area HP

 

Posts for Postcode Area HP

 

 

All HP Postcodes Yearly & Trend Analysis Posts

 

 Reference

HP Postcode Area As Per Wikipedia

 

Wokingham Property Market in 2016 Declines By 17.6% Due to Stamp Duty Hike and Brexit

Story Highlights

  • Wokingham had total property sales of £1.25 billions in 2016
  • The total number of properties sold in 2016 was 2,676 properties
  • The average sales price in Wokingham was £465 K, whereas median was £414 K
  • New Property sales were 14.67% by value, where as Not New Property contributed 85.33%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty Hike has caused significant decline of 17.6% in 2016 over 2015

 

Wokingham is one of the districts of Berkshire.

Total Sales By Property Type
Wokingham - Total Sales By Property Type

 

Wokingham had total property sales of £1.25 billions, which was 18.98% of Berkshire Property Market 2016

The split across the different property types in Bracknell Forest are:

  • Detached £619 millions (49.72%) 
  • Semi-Detached £275 millions (22.1%)
  • Terraced £201 millions (16.13%)
  • Flat/Maisonette £90 millions (7.24%)
  • Other £60 millions (4.81%)

 

Wokingham Property Market at Postcode level 

Postcode Coverage Area School Local Authority Area
RG2 Madejski Stadium,Whitley Details Reading, Wokingham
RG4 Caversham,Sonning,Sonning Common,Kidmore End,Sonni ng Eye,Dunsden Green,Mapledurham Details Reading,South Oxfordshire, Wokingham
RG5 Woodley Details Wokingham
RG6 Earley Details Wokingham, Reading
RG7 Aldermaston,Bradfield,Burghfield Common,Riseley,Si lchester,Mortimer,Swallowfield,Theale,Woolhampton Details West Berkshire,Basingstoke and Deane, Wokingham
RG10 Charvil,Hurst,Ruscombe,Twyford,Wargrave,Waltham St Lawrence Details Wokingham,Windsor and Maidenhead
RG40 Wokingham(east and town centre),Finchampstead,Bark ham(south), Wick Hill Details Wokingham, Bracknell Forest
RG41 Wokingham(west),Winnersh,Woosehill,Barkham(north), Sindlesham,Emmbrook, Eastheath Details Wokingham

 

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

Stamp Duty Hike Impact

  1. March had property sale spike of £153 millions compared to £100 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. As can be observed from the month-wise break-up there has been dip in property sales in the immediate after-math of Brexit 
  3. Year on Year property market in Wokingham has shown significant decline of 17.6%

 

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

Wokingham had total property sales of 2,676.  The split across the different property types are:

  • Detached 1010 (37.74%)
  • Semi-Detached 670 (25.04%)
  • Terraced 576 (21.52%)
  • Flat/Maisonette 357 (13.34%)
  • Other 63 (2.35%)

Average & Median Sales Price
Wokingham - Average & Median Sales Price

The average sales price in Wokingham was £465 K and for the different property types it was:

  • Detached £613 K
  • Semi-Detached £411 K
  • Terraced £349 K
  • Flat/Maisonette £253 K
  • Other it is £951 K

Similarly median sales price in Wokingham was £414 K and for different property types are:

  • Detached £555 K
  • Semi-Detached £400 K
  • Terraced £339 K
  • Flat/Maisonette £245 K
  • Other it is £533 k

New Vs Not New Property Statistics
Wokingham - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Property contributed £183 millions (14.67%)
  • Not New Property contributed £1.06 billions (85.33%)

By Total Number the split is as follows:

  • New properties sold were 384 (14.35%)
  • Not new property sold were 2,292 (85.65%)

 

All Berkshire Posts

 

 

Reference

RG Postcode Area As Per Wikipedia

West Berkshire Property Market Grows By 3.6% 2016, Beats Stamp Duty Hike and Brexit

Story Highlights

  • West Berkshire had total property sales of £1.14 billions in 2016
  • The total number of properties sold in 2016 was 2,542 properties
  • The average sales price in West Berkshire was £448 K, whereas median was £327 K
  • New Property sales were 4.9% by value, where as Not New Property contributed 95.1%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty Hike did not have impact as West Berkshire property market had growth of 3.6% in 2016 over 2015

 

West Berkshire is one of the districts of Berkshire.

Total Sales By Property Type
West Berkshire - Total Sales By Property Type

West Berkshire had total property sales of £1.14 billions, which was 17.35% of Berkshire Property Market 2016

The split across the different property types in West Berkshire are:

  • Detached £428 millions (37.6%) 
  • Semi-Detached £218 millions (19.14%)
  • Other £207 millions (18.15%)
  • Terraced £168 millions (14.71%)
  • Flat/Maisonette £118 millions (10.4%)

 

West Berkshire Property Market at Postcode level

Postcode Coverage Area School Local Authority Area
OX12 Wantage,Grove,Ardington,Charney Bassett,Childrey, Challow (East&West),Denchworth,Farnborough (Be rks),Fawley, Ginge (East & West),Hanney(East&a mp;West), Hendred (East&West),Kingston Lisle,L etcombe Bassett,Letcombe Regis,Lockinge(East&W est),Lyford,Sparsholt Details Vale Of White Horse, South Oxfordshire, West Berkshire
RG7 Aldermaston,Bradfield,Burghfield Common,Riseley,Si lchester,Mortimer,Swallowfield,Theale,Woolhampton Details West Berkshire,Basingstoke and Deane, Wokingham
RG8 Goring,Streatley,Pangbourne,Whitchurch-on-Thames Details South Oxfordshire, West Berkshire
RG14 Newbury(whole town area) Details West Berkshire
RG17 Chilton Foliat,Eastbury,Eddington,Kintbury,Hungerf ord,Inkpen,Lambourn, North Wessex Downs AONB area Details West Berkshire,Wiltshire
RG18 Hampstead Norreys,Hermitage,Thatcham(north),Yatten don Details West Berkshire
RG19 Ashford Hill with Headley,Bishops Green,Greenham, Thatcham (south) Details West Berkshire, Basingstoke and Deane
RG20 Ashmansworth,Chieveley,Compton,Ecchinswell,Leckham pstead,Highclere,Kingsclere,Sydmonton Details West Berkshire, Basingstoke and Deane
RG26 Baughurst,Bramley,Brimpton Common,Hannington,Pambe r End,Pamber Heath,Tadley Details Basingstoke and Deane, West Berkshire
RG30 Tilehurst, Prospect Park,Purley-on-Thames, Reading (west),Southcote Details Reading, West Berkshire
RG31 Calcot Row,Tilehurst Details Reading, West Berkshire
 

Month-wise Break-up of Total Sales
West Berkshire - Month-wise Break-up of Total Sales

Stamp Duty Hike Impact

  1. March had property sale spike of £141 millions compared to £63 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. As can be observed from the month-wise break-up there does not seem to have been  dip in property sales in the immediate after-math of Brexit 
  3. Year on Year property market in West Berkshire has had growth of 3.6%

 

Total No Of Properties Sold By Property Type
West Berkshire - Total No Of Properties Sold By Property Type

West Berkshire had total property sales of 2,542.  The split across the different property types are:

  • Detached 732 (28.8%)
  • Semi-Detached 617 (24.27%)
  • Terraced 555 (21.83%)
  • Flat/Maisonette 523 (20.57%)
  • Other 115 (4.52%)

 

Average & Median Sales Price
West Berkshire - Average & Median Sales Price

The average sales price in West Berkshire was £448 K and for the different property types it was:

  • Detached £585 K
  • Semi-Detached £353 K
  • Terraced £302 K
  • Flat/Maisonette £227 K
  • Other it is £1.8 million

Similarly median sales price in West Berkshire was £327 K and for the different property types are:

  • Detached £487 K
  • Semi-Detached £335 K
  • Terraced £280 K
  • Flat/Maisonette £200 K
  • Other it is £420 K

 

New Vs Not New Property Statistics
West Berkshire - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Property contributed £56 millions (4.9%)
  • Not New Property contributed £1.08 billions (95.1%)

By Total Number the split is as follows:

  • New properties sold were 132 (5.19%)
  • Not new property sold were 2,410 (94.81%)

 

All Berkshire Posts

 

 

 Reference

RG Postcode Area As Per Wikipedia