Oxford Property Market in 2016 declines by 5.25%

28. September 2017 09:36 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • Oxford had total property sales of £876 millions in 2016
  • The average sales price was £541 K, whereas the median was £380 K
  • New Property sales were 2.52% by value, whereas Not New Property contributed 97.48%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes had negative impact.
  • Year on Year the property market for Oxford declined by 5.25% compared to 2015

 

Oxford is one of the districts of Oxfordshire.

Total Sales By Property Type

Oxford - Total Sales By Property Type

Oxford had total property sales of £876 millions which was 18.62% of the total Oxfordshire Property Market 2016

The split of £876 millions across the different property types are:

  • Terraced £274 millions (31.28%)
  • Semi-Detached £207 millions (23.64%)
  • Flat/Maisonette £142 millions (16.27%)
  • Detached £139 millions (15.92%)
  • Other £113 millions (12.89%)

 

Oxford Property Market at Postcode Level

Postcode 

 Coverage Area         

 School  Local Authority Area
OX1

Central and South Oxford, Kennington, Boars Hill, New Hinksey, South Hinksey, Osney

 Details Oxford, Vale of White Horse
OX2 North and West Oxford, Botley, North Hinksey, Summertown, Wytham, Jericho, Wolvercote Details Oxford, Vale of White Horse, Cherwell
OX3 North East Oxford, Beckley, Headington, Marston, Elsfield, Noke, Woodeaton, Woodperry Details Oxford, South Oxfordshire, Cherwell
OX4 East Oxford, Cowley, Blackbird Leys, Littlemore Sandford-on-Thames, Iffley, Rose Hill Details Oxford, South Oxfordshire

 

Month-wise Break-up of Total Sales

Oxford - Monthwise breakdown of total sales

Some of the insights based on the £876 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £152 millions compared to £59 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 5.25 % in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike had negative impact on Oxford Property Market in 2016

 

Total No Of Properties Sold By Property Type

Oxford - Total No Of Properties Sold By Property Type

Oxford had total property sales of 1,619.  The split across the different property types are:

  • Terraced 592 (36.57%)
  • Flat/Maisonette 446 (27.55%)
  • Semi-Detached 394 (24.34%)
  • Detached 143 (8.83%)
  • Other 44 (2.72%)

 

Average & Median Sales Price
Oxford - Average & Median Sales Price

 The average sales price in Oxford was £541 K and for different property types it was:

  • Detached £975 K
  • Semi-Detached £525 K
  • Terraced £463 K
  • Flat/Maisonette £319 K
  • Other it is £2.6 millions 

Similarly median sales price in Oxford was £380 K and for different property types are:

  • Detached £730 K
  • Semi-Detached £400 K
  • Terraced £395 K
  • Flat/Maisonette £290 K
  • Other it is £577 K

 

New Vs Not New Property Statistics

Oxford - New Vs Not New Properties

 By Sales Value the split is as follows:

  • New Property contributed £22 millions (2.52%)
  • Not New Property contributed £853 millions (97.48%)

By Total Number the split is as follows:

  • New properties sold were 52 (3.21%)
  • Not new property sold were 1,567 (96.79%)

 

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Cherwell Property Market Grows By 8% in 2016

28. August 2017 09:35 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Cherwell had total property sales of £1 billion in 2016
  • The average sales price was £ K, whereas the median was £ K
  • New Property sales were 21.82% by value, whereas Not New Property contributed 78.18%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact.
  • Year on Year growth has been 8%  over 2015

 

Cherwell is one of the districts of Oxfordshire.

Total Sales By Property Type

Cherwell - Total Sales By Property Type

Cherwell had total property sales of £1 billion which was 21.36% of the total Oxfordshire Property Market 2016

The split of £1 billion across the different property types are:

  • Detached £374 millions (37.24%)
  • Semi-Detached £254 millions (25.27%)
  • Terraced £226 millions (22.46%)
  • Other £84 millions (8.32%)
  • Flat/Maisonette £67 millions (6.7%)

 

Cherwell Property Market at Postcode Level

Postcode Coverage Area Local Authority Area School
MK18  Addington, Adstock, Akeley, Barton Hartshorn, Botolph Claydon, Buckingham, Calvert, Chackmore, Chetwode, Dadford, Dunton, East Claydon, Finmere, Foscott, Gawcott, Granborough, Hillesden, Hoggeston, Leckhamstead, Lillingstone Dayrell, Lillingstone Lovell, Maids Moreton, Middle Claydon, Newton Purcell, North Marston, Padbury, Shalstone, Steeple Claydon, Tingewick, Thornborough, Water Stratford, Winslow Aylesbury Vale, Cherwell Details
NN13  Brackley, Croughton, Farthinghoe,
Hinton-in-the-Hedges, Westbury, Turweston, Mixbury		 South Northamptonshire,
Aylesbury Vale, Cherwell		 Details
OX2 North and West Oxford, Botley, North Hinksey, Summertown, Wytham, Jericho, Wolvercote Oxford, Vale Of White Horse, Cherwell Details
OX3 North East Oxford, Beckley, Headington, Marston, Elsfield, Noke, Woodeaton, Woodperry Oxford, South Oxfordshire, Cherwell Details
OX5 Kidlington, Yarnton, Begbroke, Tackley, Murcott, Charlton-on-Otmoor, Fencott, Islip Cherwell, West Oxfordshire, Aylesbury Vale Details
OX15  Bloxham, Drayton, Wroxton, North Newington, South Newington, Swalcliffe, Sibford Gower, Sibford Ferris, Barford St Michael, Barford St John, Deddington, Hempton, Broughton, Hornton, Horley, Balscote, Shenington, Alkerton, Wigginton, Milton, Hook Norton, Milcombe, Shutford, Epwell, Tadmarton, Swerford, Bodicote, Brailes, Edge Hill, Ratley, Upton  Cherwell, Stratford-on-Avon, West Oxfordshire Details
OX16  Banbury  Cherwell Details
OX17  Adderbury, Appletree, Aynho, Arlescote, Chacombe, Charlton, Chipping Warden, Claydon, Cropredy, Culworth, Edgcote, Farnborough (Warks), Greatworth, Great Bourton, Hanwell, King's Sutton, Little Bourton, Lower Thorpe, Marston St Lawrence, Middleton Cheney, Mollington, Nethercote, Newbottle, Overthorpe, Prescote, Shotteswell, Stuchbury, Sulgrave, Thenford, Thorpe Mandeville, Twyford, Upper Astrop, Wardington, Warkworth, Warmington, Williamscott  Cherwell, South Northamptonshire, Stratford-on-Avon Details
OX25  Ambrosden, Arncott, Blackthorn, Caulcott, Duns Tew, Little Chesterton, Lower Heyford, Merton, Middle Aston, Middleton Stoney, North Aston, Piddington, Rousham, Somerton, Steeple Aston, Steeple Barton, Upper Heyford, Wendlebury, Weston-on-the-Green Cherwell, West Oxfordshire Details
OX26  Bicester, Chesterton, Launton  Cherwell Details
OX27  Ardley, Bainton, Baynards Green, Bucknell, Caversfield, Charndon, Fewcott, Fringford, Fritwell, Godington, Hardwick, Hethe, Marsh Gibbon, Newton Morrell, Poundon, Souldern, Stoke Lyne, Stratton Audley, Tusmore Cherwell, Aylesbury Vale Details
OX33  Wheatley, Forest Hill, Holton, Horspath, Horton-cum-Studley, Littleworth, Milton Common, Stanton St. John, Waterperry, Waterstock, Woodperry South Oxfordshire, Cherwell Details

 

Month-wise Break-up of Total Sales

Cherwell - Month-wise Break-up of Total Sales

Some of the insights based on the £1 billion month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £134 millions compared to £68 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  8% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not had negative impact on Cherwell Property Market in 2016

 

Total No Of Properties Sold By Property Type

Cherwell - Total No Of Properties Sold By Property Type

Cherwell had total property sales of 2,994.  The split across the different property types are:

  • Semi-Detached 863 (28.82%)
  • Terraced 845 (28.22%)
  • Detached 816 (27.25%)
  • Flat/Maisonette 382 (12.76%)
  • Other 88 (2.94%)

 

Average & Median Sales Price

Cherwell - Average & Median Sales Price

The average sales price in Cherwell was £336 K and for different property types it was:

  • Detached £458 K
  • Semi-Detached £294 K
  • Terraced £267 K
  • Flat/Maisonette £176 K
  • Other it is £950 K 

Similarly median sales price in Cherwell was £292 K and for different property types are:

  • Detached £413 K
  • Semi-Detached £285 K
  • Terraced £255 K
  • Flat/Maisonette £164 K
  • Other it is £378 K

 

 

New Vs Not New Property Statistics

Cherwell - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £219 millions (21.82%)
  • Not New Property contributed £785 millions (78.18%)

By Total Number the split is as follows:

  • New properties sold were 645 (21.54%)
  • Not new property sold were 2,349 (78.46%)

 

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Surrey Heath Property Market Stagnates in 2016

9. June 2017 05:54 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • Surrey Heath had total property sales of £718 millions in 2016
  • The total number of properties sold in 2016 was 1526
  • The average sales price  was £471 K, whereas the median was £381 K
  • New Property sales were 3.69% by value, whereas Not New Property contributed 96.31%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes caused Surrey heath Property Market to stagnate 

 

Surrey Heath is one of the districts of Surrey.

Total Sales By Property Type

Surrey Heath - Total Sales By Property Type

Surrey Heath had total property sales of £718 millions which was 6.69% of the total Surrey Property Market 2016

The split of £718 millions across the different property types are:

  • Detached £350 millions (48.73%)
  • Semi-Detached £126 millions (17.6%)
  • Flat/Maisonette £90 millions (12.52%)
  • Terraced £86 millions (11.94%)
  • Other £66 millions (9.21%)

 

Surrey Heath Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
GU15  Camberley, Old Dean, RMAS Details Surrey Heath, Bracknell Forest
GU16  Frimley, Frimley Green, Deepcut, Mytchett Details Surrey Heath
GU18  Lightwater Details Surrey Heath
GU19  Bagshot Details Surrey Heath
GU20  Windlesham Details Surrey Heath
GU24 Bisley, Pirbright, Chobham, Knaphill, Brookwood, West End Details Woking, Surrey Heath, Guildford

 

 

Month-wise Break-up of Total Sales

Surrey Heath - Month-wise Break-up of Total Sales

Some of the insights based on the £718 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £88 millions compared to £50 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  0.84% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike caused Surrey Heath Property Market in 2016 to stagnate

 

Total No Of Properties Sold By Property Type

Surrey Heath - Total No Of Properties Sold By Property Type

Surrey Heath had total property sales of 1526.  The split across the different property types are:

  • Detached 537 (35.19%)
  • Flat/Maisonette 374 (24.51%)
  • Semi-Detached 315 (20.64%)
  • Terraced 254 (16.64%)
  • Other  (%)

 

Average & Median Sales Price

Surrey Heath - Average & Median Sales Price

 The average sales price in Surrey Heath was £471 K and for different property types it was:

  • Detached £652 K
  • Semi-Detached £401 K  
  • Terraced £338 K
  • Flat/Maisonette £240 K
  • Other it is £ 144 K    

Similarly median sales price in Surrey Heath was £381 K and for different property types are:

  • Detached £595 K
  • Semi-Detached £375 K
  • Terraced £325 K
  • Flat/Maisonette £233 K
  • Other it is £560 K

 

New Vs Not New Property Statistics

Surrey Heath - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £26 millions (3.69%)
  • Not New Property contributed £692 millions (96.31%)

By Total Number the split is as follows:

  • New properties sold were 73 (4.78%)
  • Not new property sold were 1,453 (95.22%)

 

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Spelthorne Property Market Grows By 6.3% in 2016, Beats Brexit and Stamp Duty Impact

2. June 2017 16:29 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • Spelthorne had total property sales of £739 millions in 2016
  • The total number of properties sold in 2016 was 1691
  • The average sales price  was £437 K, whereas the median was £380 K
  • New Property sales were 7.56% by value, whereas Not New Property contributed 92.44%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 6.3% over 2015

 

Spelthorne is one of the districts of Surrey.

Total Sales By Property Type

Spelthorne - Total Sales By Property Type

Spelthorne had total property sales of £739 millions which was 6.22% of the total Surrey Property Market 2016

The split of £739 millions across the different property types are:

  • Semi-Detached £221 millions (29.96%)
  • Detached £175 millions (23.64%)
  • Flat/Maisonette £144 millions (19.52%)
  • Terraced £126 millions (17.01%)
  • Other £73 millions (9.88%)

 

Spelthorne Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
KT16  Chertsey, Ottershaw, Longcross, Lyne, Dumsey Meadow in Littleton Details Runnymede, Spelthorne
TW14  Feltham (part of the station area), North Feltham, East Bedfont, Hatton Details Hillingdon, Hounslow, Spelthorne
TW15  Ashford Details Hounslow, Spelthorne
TW16  Sunbury-on-Thames Details Elmbridge, Richmond upon Thames, Spelthorne
TW17  Shepperton, Upper Halliford, Charlton, Littleton Details Elmbridge, Spelthorne
TW18  Staines-upon-Thames, Egham Hythe, Laleham Details Runnymede, Spelthorne, Windsor and Maidenhead
TW19  Stanwell, Stanwell Moor, Wraysbury, Sunnymeads, Hythe End Details Hillingdon, Spelthorne, Windsor and Maidenhead

 

Month-wise Break-up of Total Sales

Spelthorne - Month-wise Break-up of Total Sales

Some of the insights based on the £739 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £112 millions compared to £53 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  6.3% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not had negative impact on Spelthorne Property Market in 2016 over 2015

 

Total No Of Properties Sold By Property Type

Spelthorne - Total No Of Properties Sold By Property Type

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

  • Flat/Maisonette 526 (31.11%)
  • Semi-Detached 502 (29.69%)
  • Detached 287 (16.97%)
  • Terraced 332 (19.63%)
  • Other 44(2.6%)

 

Average & Median Sales Price

Spelthorne - Average & Median Sales Price

 The average sales price in Spelthorne was £437 K and for different property types it was:

  • Detached £610 K
  • Semi-Detached £441 K  
  • Terraced £379 K
  • Flat/Maisonette £274 K
  • Other it is £ 1.66 millions    

Similarly median sales price in Spelthorne was £380 K and for different property types are:

  • Detached £555 K
  • Semi-Detached £420 K
  • Terraced £360 K
  • Flat/Maisonette £270 K
  • Other it is £370 K

 

New Vs Not New Property Statistics

Spelthorne - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £56 millions (7.56%)
  • Not New Property contributed £683 millions (92.44%)

By Total Number the split is as follows:

  • New properties sold were 128 (7.57%)
  • Not new property sold were 1,563 (92.43%)

 

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Tandridge Property Market Declines By 11.8% in 2016, Brexit And Stamp Duty Hike To Blame

2. June 2017 16:19 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • Tandridge had total property sales of £760 millions in 2016
  • The total number of properties sold in 2016 was 1,702
  • The average sales price  was £446 K, whereas the median was £385 K
  • New Property sales were 8.57% by value, whereas Not New Property contributed 91.43%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes had negative impact, declines by 11.8% over 2015

 

Tandridge is one of the districts of Surrey.

Total Sales By Property Type

Tandridge - Total Sales By Property Type

Tandridge had total property sales of £760 millions which was 7.08% of the total Surrey Property Market 2016

The split of £760 millions across the different property types are:

  • Detached £335 millions (44.15%)
  • Semi-Detached £165 millions (21.68%)
  • Flat/Maisonette £125 millions (16.4%)
  • Terraced £97 millions (12.72%)
  • Other £38 millions (5.04%)

 

Tandridge Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
CR3  Caterham, Chaldon, Woldingham, Whyteleafe, Hamsey Green Details Tandridge, Croydon
CR6  Warlingham, parts of Chelsham and Farleigh, Hamsey Green Details Tandridge, Croydon, Bromley
CR8  Purley, Kenley, Russell Hill Details Croydon, Sutton, Tandridge
RH1  Redhill, Merstham, Earlswood, South Earlswood, Whitebushes, Salfords,Nutfield Marsh,
South Nutfield, Bletchingley, Outwood		 Details Reigate and Banstead, Tandridge
RH6  Gatwick Airport,Horley, Burstow Details Reigate and Banstead, Crawley, Mole Valley, Tandridge
RH7   Lingfield, Dormansland, Crowhurst Details Tandridge
RH8  Oxted, Limpsfield, Limpsfield Chart, Hurst Green, Merle Common, Tandridge, Crowhurst Lane End Details Tandridge
RH9  Godstone, South Godstone Details Tandridge
RH19 East Grinstead, Ashurst Wood, Dormans Park, Felbridge, Felcourt, Sharpthorne, West Hoathly Details Mid Sussex, Tandridge
TN8 Crockham Hill, Edenbridge Details Sevenoaks, Tandridge
TN16  Westerham, Biggin Hill, Tatsfield Details Sevenoaks, Bromley, Tandridge

 

Month-wise Break-up of Total Sales

Tandridge - Month-wise Break-up of Total Sales

 Some of the insights based on the £760 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £97 millions compared to £53 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 decrease has been 11.8% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike had negative impact on Tandridge Property Market in 2016

  

Total No Of Properties Sold By Property Type

Tandridge - Total No Of Properties Sold By Property Type

Tandridge had total property sales of 1,702.  The split across the different property types are:

  • Detached 471 (27.67%)
  • Flat/Maisonette 447 (26.26%)
  • Semi-Detached 382 (22.44%)
  • Terraced 252 (14.81%)
  • Other 150 (8.81%)

 

Average & Median Sales Price

Tandridge - Average & Median Sales Price

 The average sales price in Tandridge was £446 K and for different property types it was:

  • Detached £712 K
  • Semi-Detached £431 K  
  • Terraced £384 K
  • Flat/Maisonette £279 K
  • Other it is £ 255 K    

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

  • Detached £645 K
  • Semi-Detached £400 K
  • Terraced £360 K
  • Flat/Maisonette £266 K
  • Other it is £250 K

 

New Vs Not New Property Statistics

Tandridge - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £65 millions (8.57%)
  • Not New Property contributed £695 millions (91.43%)

By Total Number the split is as follows:

  • New properties sold were 242 (14.22%)
  • Not new property sold were 1,460 (85.78%)

 

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