Story Highlights

• Eastbourne had total property sales of £601 millions in 2016
• The total number of properties sold in 2016 was 2,432 properties
• The average sales price in Eastbourne was £247 K
• New Property sales were 2.56% by value, where as Not New 97.44%
• Stamp duty hike caused monthly spike in March
• Brexit coupled and Stamp Duty Hike did not have negative impact , there was growth of 7.5% in 2016 over 2015

 

Eastbourne is one of the districts of East of Sussex

Total Sales By Property Type

 

Eastbourne had total property sales of £601 millions which was 17.33% of the East of Sussex Property Market 2016

The split across the different property types are:

• Flat/Maisonette £180 millions (29.98%)
• Terraced £163 millions (27.13%)
• Detached £138 (22.97%)
• Semi-Detached £98 millions (16.32%)
• Other £22 millions (3.61%)

 

Eastbourne Property Market at Postcode level

 

Month-wise Break-up of Total Sales

 Some of the insights based on the £601 millions month-wise break-down :

Stamp Duty Hike Impact

• March had property sale spike of £88 millions compared to £45 millions in Feb
• 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

• Brexit took place on 23rd June 2016.
• As can be observed from the month-wise break-up there does not seem to have been dip in property sales in the immediate aftermath of Brexit 
• Year on Year growth has been 7.51%in 2016 over 2015
• So Brexit and Stamp Duty changes did not have negative impact on the Eastbourne Property Market  in 2016

 

 

Total No Of Properties Sold By Property Type

The total property sales of £601 millions in 2016 was spread over 2,432 properties.

• Flat/Maisonette 998 (41.04%)
• Terraced  674 (27.71%)
• Semi-Detached 357 (14.68%)
• Detached 346 (14.23%)
• Other 57 (2.34%)

 

 

Average & Median Sales Price

The average sales price in Eastbourne was £247 K and for the different property types it was:

• Detached £399 K
• Semi-Detached £275 K
• Terraced £242 K
• Flat/Maisonette £181 K
• Other it was £380 K

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

• Detached £360 K
• Semi-Detached £250 K
• Terraced £225 K
• Flat/Maisonette £160 K
• Other it is £190 K

 

 

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Property contributed £15 millions (2.56%)
• Not New Property contributed £586 millions (97.44%)

By Total Number the split is as follows:

• New properties sold were 76 (3.13%)
• Not new property sold were 2,356 (96.88%)

 

All East of Sussex Posts

 

 

 

 

Story Highlights

• Berkshire had total property sales of £6.6 Billions in 2016
• Across the districts  maximum sales was in Windsor and Maidenhead at £1.49 billions
• The total number of properties sold in 2016 was 14,483 properties
• The average sales price in Berkshire was £453 K, whereas median was £340 K
• Across its districts average sales price was maximum for Windsor And Maidenhead at £651 K
• New Property sales were 9.87% by value, where as Not New Property contributed 90.13%
• Stamp duty changes caused monthly spike in March
• Brexit coupled with Stamp Duty Hike caused decline of 2.08% in 2016 over 2015

 

Berkshire is one of the counties of South East England. The districts of Berkshire are Wokingham, Windsor and Maidenhead, Reading, West Berkshire, Bracknell Forest, Slough. Let us look at the Berkshire Property Market for 2016 in detail.

 

Total Sales By Districts

Berkshire had total property sales of £6.6 Billions which was 10.6% of the total South East property market in 2016. 

The split of the sales across the different districts was:

• Windsor And Maidenhead £1.49 billions (22.72%)
• Wokingham £1.25 billions (18.98%)
• West Berkshire £1.1 billions (17.35%)
• Reading £1.0 billions (15.47%)
• Bracknell Forest £888 millions (13.53%)
• Slough £784 millions (11.95%)

Year on Year Comparison : Compared to Berkshire Property Market 2015 in 2016

• Wokingham, Reading, Bracknell Forest had decline in property sales over 2015
• Windsor And Maidenhead, Slough had increase in property sales over 2015
• West Berkshire property sales has remained constant

 

 

Month-wise Break-up of Total Sales

Some of the insights based on the £6.6 Billions month-wise break-down :

Stamp Duty Hike Impact

1. March had property sale spike of £931 millions compared to £452 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 decline has been 2.08%

 

 

Total Sales By Property Type

The split across the different property types in Berkshire are:

• Detached £2.06 billions (31.36%) 
• Terraced £1.31 billions (20%)
• Semi-Detached £1.19 billions (18.17%)
• Flat/Maisonette £1.04 billions (15.86%)
• Other £960 millions (14.62%)

 Year on Year Comparison : Compared to Berkshire Property Market 2015 in 2016

• All property types have shown decline in property sales except Flat/Maisonette, Other
• Other had significant growth of 8.7% over 2015

 

 

Total No Of Properties Sold By Property Type

 

Berkshire had total property sales of 14,483.  The split across the different property types are:

• Flat/Maisonette 4101 (28.32%)
• Terraced 3861 (26.66%)
• Detached 3104 (21.43%)
• Semi-Detached 2966 (20.48%)
• Other 451 (3.11%)

Year on Year Comparison : Compared to Compared to Berkshire Property Market 2015 in 2016

• Total number of property sales in 2016 has decreased by 11.21%
• All property types have shown decline in number of properties sold except property type Other.
• Other has shown significant increase of 77.6%

 

 

Average & Median Sales Price

The average sales price in Berkshire was £453 K and for the different property types it was:

• Detached £663 K
• Semi-Detached £402 K
• Terraced £340 K
• Flat/Maisonette £254 K
• Other it is £2.13 million

Similarly median sales price in Berkshire was £340 K and for different property types are:

• Detached £560 K
• Semi-Detached £385 K
• Terraced £315 K
• Flat/Maisonette £232 K
• Other it is £530 k

Year on Year Comparison : Compared to Berkshire Property Market 2015 in 2016

• The average and median property prices have gone up except for property type Other
• Other has had decline in average and median property price

 

 

Average & Median Sales Price By Districts

 Across districts the average sales price is as above.

• Windsor And Maidenhead £651 K
• Wokingham £465 K
• West Berkshire £448 K
• Bracknell Forest £426 K
• Slough £411 K
• Reading £340 K

Across districts the median sales price is as above.

• Windsor And Maidenhead £456 K
• Wokingham £414 K
• West Berkshire £327 K
• Bracknell Forest £325 K
• Slough £285 K
• Reading £280 K

Year on Year Comparison : Compared to Berkshire Property Market 2015 in 2016

• The average sales price across all the counties have gone up except for Wokingham, Reading
• The median sales price across all the counties have gone up

 

 

New Vs Not New Property Statistics

 

By Sales Values the split is as follows:

• New Property contributed £648 millions (9.87%)
• Not New Property contributed £5.9 billions (90.13%)

By Total Number the split is as follows:

• New properties sold were 1,681 (11.61%)
• Not new property sold were 12,802(88.39%)

Year on Year Comparison : Compared to Berkshire Property Market 2015 in 2016

• New property market share in property market has gone up in 2016 over 2015

 

All Berkshire Posts

Story Highlights

• Isle of Wight had total Property Sales of £726 millions  in 2016
• The total number of properties sold in year 2016 was 3253
• The Average property price was £223 K in Isle of Wight while Median was £190 K
• The sales value contributed by New Property was 3.9% where as Not New Property 96.1% 
• Stamp duty changes caused monthly spike in March
• Brexit coupled with Stamp Duty changes did not cause decline and there was growth of 1% 

 

Isle of Wight has unitary authority status in South East England.

Total Sales By Property Type

Isle of Wight had total property sales of £726 million which was 1.17% of the total South East property Market in 2016. 

 The split of £726 millions in Isle of Wight across the different property types are:

• Detached £340 millions (46.92%)
• Semi-Detached £154 millions (21.21%)
• Terraced £105 millions (14.52%)
• Flat/Maisonette £95 millions (13.15%)
• Other £30 millions (4.19%)

Year on Year Comparison : Compared to Isle of Wight Property Market 2015 in 2016

• All the property types sales have shown decline except Detached

 

Isle of Wight Property Market at Postcode Level

 

Month-wise Break-up of Total Sales

Some of the insights based on the £726 millions month-wise break-down :

Stamp Duty Hike Impact

1. March had property sale spike of £124 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 growth (compared to 2015) has been 1.12% in 2016
3. Brexit coupled with Stamp Duty Hike have not had negative impact on Isle of Wight Property Market in 2016

 

Total No Of Properties Sold By Property Type

 Isle of Wight had total property sales of 3253.  The split across different property types are:

• Detached 1,072 (32.95%)
• Semi-Detached 769 (23.64%)
• Flat/Maisonette 671 (20.63%)
• Terraced 619 (19.03%)
• Other 122 (3.75%)

Year on Year Comparison :  Compared to Isle of Wight Property Market 2015 in 2016

• Total number of property sales in 2016 has decreased by 1%.
• All property types have shown growth in number of properties sold except property type Semi-Detached, Other.
• Other has shown growth of 130%

 

Average & Median Sales Price

The average sales price in Isle of Wight was £223 K. For the different property types it was

• Detached at £318 K
• Semi-Detached at £200 K
• Terraced at £170 K
• Flat/Maisonette at £142 K
• Other it is at £249 K

Similarly median sales price in Isle of Wight was £190 K. For different property types it was

• Detached at £272 K
• Semi-Detached at £183 K
• Terraced at £159 K
• Flat/Maisonette at £122 K
• Other it is at £150 K

Year on Year Comparison : Compared to Isle of Wight Property Market 2015 in 2016

• The average and median property prices have gone down except for property type Detached, Semi-Detached.
• Other had massive decline in average and median property price

 

New Vs Not New Property Statistics

 By Sales Value the split is as follows:

• New Property contributed £28 millions (3.9%)
• Not New Property contributed £697 millions (96.1%)

By Total Number the split is as follows:

• New properties sold were 124 (3.81%)
• Not new property sold were 3129 (96.19%)

Year on Year Comparison : Compared to Isle of Wight Property Market 2015 in 2016

• New property market share in property market has gone down

 

All South East England Post 

 

Story Highlights

• Winchester had total property sales of £940 millions in 2016
• The total number of properties sold in 2016 was 2,038 properties
• The average sales price in Winchester was £461 K
• New Property sales were 12.38% by value, where as Not New 87.62%
• Stamp duty hike caused monthly spike in March
• Brexit coupled with Stamp Duty hike have had negative impact on Winchester Property Market in 2016, there was growth of 2.59% over 2015

 

Winchester is one of the districts in Hampshire

Total Sales By Property Type

Winchester had total property sales of £940 millions, which was 10.37% of the total Hampshire property Market in 2016

The split across the different property types are:

• Detached £378 millions (40.19%)
• Terraced £195 millions (20.75%)
• Semi-Detached £168 millions (17.92%)
• Flat/Maisonette £113 millions (12.05%)
• Other £85 millions (9.09%)

 

Winchester Property Market at Postcode Level

 

Month-wise Break-up of Total Sales

Some of the insights based on the £940 millions month-wise break-down :

Stamp Duty Hike Impact

• March had property sale spike of £113 millions compared to £73 millions in Feb
• 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

• Brexit took place on 23rd June 2016.
• Year on Year decline has been 2.59% 
• So Brexit and Stamp Duty changes have had negative impact on Winchester Property Market in 2016

 

 

Total No Of Properties Sold By Property Type

The total property sales of £940 millions in 2016 was spread over 2,038 properties.

• Detached 617 (30.27%)
• Terraced 486 (23.85%)
• Flat/Maisonette 456 (22.37%)
• Semi-Detached 397 (19.48%)
• Others 82 (4.02%)

 

 

Average & Median Sales Price

The average sales price in Winchester was £461 K and for the different property types it was:

• Detached £612 K
• Semi-Detached £424 K
• Terraced £401 K
• Flat/Maisonette £248 K
• Other £1.04 million

Similarly median sales price in Winchester was £368 K and for the different property types it was:

• Detached £540 K
• Semi-Detached £350 K
• Terraced £325 K
• Flat/Maisonette £220 K
• Other £490 K

 

 

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Property contributed £116 millions (12.38%)
• Not New Property contributed £824 millions (87.62%)

By Total Number the split is as follows:

• New properties sold were 284 (13.94%)
• Not new property sold were 1754 (86.06%).

 All Hampshire Posts

 

Story Highlights

• Test Valley had total property sales of £753 millions in 2016
• The total number of properties sold in 2016 was 2,188 properties
• The average sales price in Test Valley was £344 K
• New Property sales were 12.49% by value, where as Not New 87.51%
• Stamp duty hike caused monthly spike in March
• Brexit coupled with Stamp Duty Hike have had significant negative impact on Test Valley Property Market in 2016, there was decline of 10.14% over 2015

 

Test Valley is one of the districts in Hampshire

Total Sales By Property Type

Test Valley had total property sales of £753 millions, which was 12.14% of the total Hampshire property Market in 2016

The split across the different property types are:

• Detached £332 millions (44.04%)
• Terraced £154 millions (20.42%)
• Semi-Detached £137 millions (18.19%)
• Other £70 millions (9.24%)
• Flat/Maisonette £61 millions (8.11%)

 

Test Valley Property Market at Postcode Level

 

Month-wise Break-up of Total Sales

Some of the insights based on the £753 millions month-wise break-down :

Stamp Duty Hike Impact

• March had property sale spike of £78 millions compared to £50 millions in Feb
• 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

• Brexit took place on 23rd June 2016.
• Year on Year decline has been 10.14% 
• So Brexit and Stamp Duty changes have had significant negative impact on Test Valley Property Market in 2016

 

 

Total No Of Properties Sold By Property Type

The total property sales of £753 millions in 2016 was spread over 2,188 properties.

• Detached 678 (30.99%)
• Terraced 626 (28.61%)
• Semi-Detached 472 (21.57%)
• Flat/Maisonette 322 (14.76%)
• Other 89 (4.07%)

 

 

Average & Median Sales Price

The average sales price in Hampshire was £344 K and for the different property types it was:

• Detached £489 K
• Semi-Detached £290 K
• Terraced £246 K
• Flat/Maisonette £189 K
• Other it is £782 K

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

• Detached £415 K
• Semi-Detached £272 K
• Terraced £232 K
• Flat/Maisonette £163 K
• Other £424 K

 

 

New Vs Not New Property Statistics

By Sales Value the split is as follows:

• New Property contributed £94 millions (12.49%)
• Not New Property contributed £659 millions (87.51%)

By Total Number the split is as follows:

• New properties sold were 324 (14.81%)
• Not new property sold were 1864 (85.19%).

All Hampshire Posts