Woking Property Market Grows By 3.3% in 2016, Not Impacted by Brexit and Stamp Duty Changes

Story Highlights 

  • Woking had total property sales of £924 millions in 2016
  • The total number of properties sold in 2016 was 1,863
  • The average sales price  was £496 K, whereas the median was £370 K
  • New Property sales were 5.91% by value, whereas Not New Property contributed 94.09%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was growth of 3.3%

Woking is one of the districts of Surrey.

Total Sales By Property Type

Woking - Total Sales By Property Type

Woking had total property sales of £924 millions which was 8.61% of the total Surrey Property Market 2016

The split of £924 millions across the different property types are:

  • Detached £305 millions (32.96%)
  • Terraced £178 millions (19.26%)
  • Flat/Maisonette £166 millions (17.93%)
  • Semi-Detached £157 millions (17.01%)
  • Other £119 millions (12.84%)

 

Woking Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
GU21  Woking, Knaphill, St. John's, Horsell, Goldsworth Park Details Woking
GU22  Woking, Pyrford, Hook Heath, Mayford, Old Woking Details Woking
GU24 Bisley, Pirbright, Chobham, Knaphill, Brookwood, West End Details Woking, Surrey Heath, Guildford
KT14  Byfleet, West Byfleet Details Woking, Elmbridge, Runnymede
KT15  Addlestone, New Haw, Woodham Details Runnymede, Woking

 

Month-wise Break-up of Total Sales

Woking - Month-wise Break-up of Total Sales

Some of the insights based on the £924 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £106 millions compared to £64 millions in Feb and then sales sharply drop
  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  3.3% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike had no negative impact on Woking Property Market in 2016

 

Total No Of Properties Sold By Property Type

Woking - Total No Of Properties Sold By Property Type

Woking had total property sales of 1,863.  The split across the different property types are:

  • Flat/Maisonette 589 (31.62%)
  • Terraced 464 (24.91%)
  • Detached 399 (21.42%)
  • Semi-Detached 360 (19.32%)
  • Other 51 (2.74%)

 

Average & Median Sales Price

Woking - Average & Median Sales Price

The average sales price in Woking was £496 K and for different property types it was:

  • Detached £764 K
  • Semi-Detached £437 K  
  • Terraced £384 K
  • Flat/Maisonette £281 K
  • Other it is £ 2.3 millions    

Similarly median sales price in Woking was £370 K and for different property types are:

  • Detached £673 K
  • Semi-Detached £410 K
  • Terraced £350 K
  • Flat/Maisonette £270 K
  • Other it is £750 K

 

New Vs Not New Property Statistics

Woking - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £55 millions (5.91%)
  • Not New Property contributed £870 millions (94.09%)

By Total Number the split is as follows:

  • New properties sold were 128 (6.87%)
  • Not new property sold were 1,735 (93.13%)

 

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Southampton Property Market in 2016 Grows By 11.5%

Story Highlights 

  • Southampton had total property sales of £1.1 billion in 2016
  • The total number of properties sold in 2016 was 4,096.
  • The average sales price in Southampton was £268 K, whereas median was £193 K
  • New Property sales were 7.59% by value, where as Not New Property contributed 92.41%
  • Stamp duty changes caused monthly spike in March
  • Southampton had growth of 11.5% in 2016 over 2015

 

Southampton has unitary authority status in South East England

Total Sales By Property Type

Southampton - Total Sales By Property Type

Southampton had total property sales of £1.1 billion which was % of the total South East property Market in 2016

 The split of £1.1 billion in Southampton across the different property types are:

  • Flat/Maisonette £260 millions (23.71%)
  • Semi-Detached £220 millions (20.07%)
  • Terraced £211 millions (19.2%)
  • Detached £167 millions (15.24%)
  • Other £239 millions (21.78%)

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

  • All the property types sales have shown growth except Flat/Maisonette and Detached.

 

Southampton Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
SO14 City Centre, St. Mary's, Newtown, Nicholstown, Ocean Village, Chapel, Eastern Docks, Bevois Valley Details Southampton
SO15  Shirley, Freemantle, Banister Park, Millbrook, Redbridge Details Southampton
SO16  Bassett, Lordswood, Redbridge, Rownhams, Nursling, Chilworth Details Southampton
SO17  Highfield, Portswood, St Denys, Swaythling Details Southampton
SO18  Bitterne, Bitterne Park, Harefield, Townhill Park, Chartwell Green, Southampton Airport Details Southampton
SO19  Sholing, Thornhill, Woolston, Weston Details Southampton

 

 

Month-wise Break-up of Total Sales

Southampton - Month-wise Break-up of Total Sales

Some of the insights based on the £1.1 billion month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £156 millions compared to £82 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 11.5% in 2016
  3. Brexit coupled with Stamp Duty Hike did not had negative impact on Southampton Property Market in 2016

 

Total No Of Properties Sold By Property Type

Southampton - Total No Of Properties Sold By Property Type Southampton had total property sales of 4,096. The split across different property types are:

  • Terraced 932 (22.75%)
  • Semi-Detached 903 (22.05%)
  • Flat/Maisonette 1,611 (39.33%)
  • Detached 519 (12.67%)
  • Other 131 (3.2%)

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

  • Total number of property sales in 2016 has decreased by 6.9%.
  • All property types have shown decline in number of properties sold except property type Other.
  • Other has shown growth of 44%

 

Average & Median Sales Price

Southampton - Average & Median Sales Price

 The average sales price in Southampton was £268 K. For the different property types it was

  • Detached at £322 K
  • Semi-Detached at £244 K
  • Terraced at £226 K
  • Flat/Maisonette at £161 K
  • Other it is at £1.8 millions

Similarly median sales price in Southampton was £193 K. For different property types it was

  • Detached at £288 K
  • Semi-Detached at £230 K
  • Terraced at £192 K
  • Flat/Maisonette at £143 K
  • Other it is at £350 K

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

  • The average and median property prices have gone up across all property types.

 

New Vs Not New Property Statistics

Southampton - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £83 millions (7.59%)
  • Not New Property contributed £1.01 billion (92.41%)

By Total Number the split is as follows:

  • New properties sold were 338 (8.25%)
  • Not new property sold were 3,758 (91.75%)

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

  • New property market share in property market has gone down

 

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Portsmouth Property Market in 2016 Grows By 3.4% Despite Brexit

Story Highlights

  • Portsmouth had total property sales of £972 millions in 2016
  • The year-on-year growth compared to 2015 was 3.4% 
  • The total number of properties sold in 2016 was 3,921
  • The average sales price in Portsmouth was £248 K, whereas the median was £187 K
  • New Property sales were 4.98% by value, whereas Not New Property contributed 95.02%
  • Stamp duty hike caused monthly spike in March

  

Portsmouth has unitary authority status in South East England.

Total Sales By Property Type

Portsmouth - Total Sales By Property TypePortsmouth had total property sales of £972 millions which was 1.57% of the total South East property Market in 2016

 The split of £972 millions in Portsmouth across the different property types are:

  • Terraced £427 millions (43.98%)
  • Flat/Maisonette £195 millions (20.03%)
  • Semi-Detached £108 millions (11.14%)
  • Detached £57 millions (5.85%)
  • Other £185 millions (19%)

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

  • All the property types sales have shown growth except Other.

 

Oxford Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
PO1  Portsmouth, Fratton, Old Portsmouth, Portsea, Landport Details Portsmouth
PO2  Portsmouth, Hilsea, North End, Tipner, Stamshaw Details Portsmouth
PO3  Portsmouth, Hilsea, Baffins, Copnor, Anchorage Park Details Portsmouth
PO4  Southsea, Milton, Eastney Details Portsmouth
PO5  Southsea Details Portsmouth
PO6  Cosham, Drayton, Farlington Details Portsmouth

 

Month-wise Break-up of Total Sales

Portsmouth - Month-wise Break-up of Total Sales

Some of the insights based on the £972 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £165 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 (compared to 2015) has been 3.4% in 2016 despite Brexit
  3. Brexit coupled with Stamp Duty Hike did not have negative impact on Portsmouth Property Market in 2016

 

Total No Of Properties Sold By Property Type

Portsmouth - Total No Of Properties Sold By Property Type

  Portsmouth had total property sales of 3,921.  The split across different property types are:

  • Terraced 2,047 (52.21%)
  • Semi-Detached 393 (10.02%)
  • Flat/Maisonette 1,221 (31.14%)
  • Detached 143 (3.65%)
  • Other 117 (2.98%)

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

  • Total number of property sales in 2016 has decreased by %.
  • All property types have shown growth in number of properties sold except property type Detached, Terraced.
  • Other has shown growth of 105.26%

 

Average & Median Sales Price

Portsmouth - Average & Median Sales Price

 The average sales price in Portsmouth was £248 K. For the different property types it was

  • Detached at £398 K
  • Semi-Detached at £275 K
  • Terraced at £209 K
  • Flat/Maisonette at £159 K
  • Other it is at £1.6 millions

Similarly median sales price in Portsmouth was £187 K. For different property types it was

  • Detached at £353 K
  • Semi-Detached at £250 K
  • Terraced at £193 K
  • Flat/Maisonette at £140 K
  • Other it is at £240 K

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

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

  

New Vs Not New Property Statistics

Portsmouth - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £48 millions (4.98%)
  • Not New Property contributed £923 millions (95.02%)

By Total Number the split is as follows:

  • New properties sold were 224 (5.71%)
  • Not new property sold were 3,697 (94.29%)

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

  • New property market share in property market has gone up

 

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Guildford Property Market Stagnates in 2016 Due to Stamp Duty Changes and Brexit

Story Highlights 

  • Guildford had total property sales of £1.2 billions in 2016
  • The total number of properties sold in 2016 was 2200
  • The average sales price  was £558 K, whereas the median was £418 K
  • New Property sales were 5.52% by value, whereas Not New Property contributed 94.48%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty have led to stagnation of Guild Property Market over 2015

 

Guildford is one of the districts of Surrey.

Total Sales By Property Type

Guildford - Total Sales By Property Type

Guildford had total property sales of £1.2 billions which was 11.44% of the total Surrey Property Market 2016

The split of £1.2 billions across the different property types are:

  • Detached £504 millions (41.06%)
  • Semi-Detached £293 millions (23.91%)
  • Flat/Maisonette £156 millions (12.73%)
  • Terraced £151 millions (12.33%)
  • Other £122 millions (9.96%)

 

Guildford Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
GU1  Guildford Town Centre, Slyfield, Merrow Details Guildford
GU2 Guildford Park, Onslow Village, Park Barn, University of Surrey Details Guildford
GU3 Normandy, Puttenham, Worplesdon, Christmas Pie, Flexford Details Guildford
GU4 Burpham, Chilworth, Jacobs Well, Shalford Details Guildford
GU5 Albury, Bramley, Shere Details Guildford, Waverley
GU10  Bentley, Frensham, Churt, Crondall, Tongham, Ewshot, Seale, Tilford, Wrecclesham Details Waverley, East Hampshire, Guildford, Hart
GU12  Aldershot, Ash, Ash Green, Ash Vale Details Rushmoor, Guildford
GU23  Send, Ripley, Ockham, Wisley Details Guildford
GU24  Bisley, Pirbright, Chobham, Knaphill, Brookwood, West End Details Woking, Surrey Heath, Guildford
KT11  Cobham, Stoke d'Abernon, Downside, Hatchford, parts of Wisley, Ockham and Hersham Details Elmbridge, Guildford, Mole Valley
KT23  Great Bookham, Little Bookham Details Mole Valley, Guildford
KT24  West Horsley, East Horsley, Effingham Details Guildford, Mole Valley
RH5 Abinger, Capel, Westhumble, Mickleham, Ockley, Holmbury St Mary Details Mole Valley, Guildford

 

Month-wise Break-up of Total Sales

Guildford - Month-wise Break-up of Total Sales

Some of the insights based on the £1.2 billions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £179 millions compared to £83 millions in Feb and then sales sharply drop
  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  0.65% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not impact Guildford Property Market in 2016

 

Total No Of Properties Sold By Property Type

Guildford - Total No Of Properties Sold By Property Type

Guildford total no property sales was 2200 .  The split across the different property types are:

  • Semi-Detached 643 (29.23%)
  • Detached 614 (27.91%)
  • Flat/Maisonette 484 (22%)
  • Terraced 383 (17.41%)
  • Other 76 (3.45%)

 

Average & Median Sales Price

Guildford - Average & Median Sales Price

 The average sales price in Guildford was £558 K and for different property types it was:

  • Detached £821 K
  • Semi-Detached £456 K  
  • Terraced £395 K
  • Flat/Maisonette £323 K
  • Other it is £ 1.6 millions    

Similarly median sales price in Guildford was £418 K and for different property types are:

  • Detached £689 K
  • Semi-Detached £420 K
  • Terraced £350 K
  • Flat/Maisonette £280 K
  • Other it is £508 K

 

New Vs Not New Property Statistics

Guildford - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £68 millions (5.52%)
  • Not New Property contributed £1.2 billions (94.48%)

By Total Number the split is as follows:

  • New properties sold were 142 (6.45%)
  • Not new property sold were 2,058 (93.55%)

 

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Reigate and Banstead Property Market Declines By 3.3% in 2016

Story Highlights 

  • Reigate and Banstead had total property sales of £1.3 billions in 2016
  • The total number of properties sold in 2016 was 20,347
  • The average sales price  was £464 K, whereas the median was £385 K
  • New Property sales were 6.49% by value, whereas Not New Property contributed 93.51%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes had negative impact, there was decline of 3.3%

 

Reigate and Banstead  is one of the districts of Surrey.

Total Sales By Property Type

Reigate and Banstead - Total Sales By Property Type

Reigate and Banstead had total property sales of £1.3 billions which was 11.87% of the total Surrey Property Market 2016

The split of £1.3 billions across the different property types are:

  • Detached £512 millions (40.22%)
  • Semi-Detached £313 millions (24.6%)
  • Flat/Maisonette £227 millions (17.79%)
  • Terraced £178 millions (13.95%)
  • Other £44 millions (3.44%)

 

Reigate and Banstead Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
CR5  Coulsdon, Old Coulsdon, Chipstead, Hooley, Netherne-on-the-Hill, part of Woodmansterne, Clockhouse Details Croydon, Reigate and Banstead, Sutton
KT17  Epsom, Ewell, Stoneleigh Details Epsom and Ewell, Reigate and Banstead, Sutton
KT18  Epsom, Tattenham Corner, Headley, Langley Vale Details Epsom and Ewell, Mole Valley, Reigate and Banstead
KT20  Tadworth, Kingswood, Lower Kingswood, Walton-on-the-Hill, Burgh Heath, Mogador, Box Hill Details Reigate and Banstead, Mole Valley
RH1 Redhill, Merstham, Earlswood, South Earlswood, Whitebushes, Salfords,Nutfield Marsh,
South Nutfield, Bletchingley, Outwood
Details Reigate and Banstead, Tandridge
RH2 Reigate, Woodhatch, South Park, Skimmington, 
Leigh, Dawes Green, Bunce Common, Shellwood Cross,
Nalderswood, Sidlow, Irons Bottom
Details Reigate and Banstead,
Mole Valley
RH6  Gatwick Airport,Horley, Burstow Details Reigate and Banstead, Crawley, Mole Valley, Tandridge
SM2  Belmont, South Sutton, South Cheam, East Ewell Details Epsom and Ewell, Reigate and Banstead, Sutton
SM7  Banstead, Woodmansterne, Nork, Little Woodcote Details Reigate and Banstead, Sutton

 

Month-wise Break-up of Total Sales

Reigate and Banstead - Month-wise Break-up of Total Sales

Some of the insights based on the £1.3 billions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £184 millions compared to £110 millions in Feb and then sales sharply drop
  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 3.3% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not impact Reigate and Banstead Property Market in 2016

 

Total No Of Properties Sold By Property Type

Reigate and Banstead - Total No Of Properties Sold By Property Type

Reigate and Banstead had total property sales of 20347.  The split across the different property types are:

  • Flat/Maisonette 854 (31.13%)
  • Semi-Detached 690 (25.15%)
  • Detached 663 (24.17%)
  • Terraced 465 (16.95%)
  • Other 746 (3,67%)

 

Average & Median Sales Price

Reigate and Banstead - Average & Median Sales Price

 The average sales price in Reigate and Banstead was £464 K and for different property types it was:

  • Detached £773 K
  • Semi-Detached £454 K  
  • Terraced £382 K
  • Flat/Maisonette £265 K
  • Other it is £ 618 K    

Similarly median sales price in Reigate and Banstead was £385 K and for different property types are:

  • Detached £675 K
  • Semi-Detached £425 K
  • Terraced £360 K
  • Flat/Maisonette £250 K
  • Other it is £406 K

 

New Vs Not New Property Statistics

Reigate and Banstead - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £83 millions (6.49%)
  • Not New Property contributed £1.2 billions (93.51%)

By Total Number the split is as follows:

  • New properties sold were 209 (7.62%)
  • Not new property sold were 2,534 (92.38%)

 

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