Mole Valley Property Market Declines By 11 % in 2016, Stamp Duty And Brexit To Blame

1. June 2017 16:06 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • Mole Valley had total property sales of £794 millions in 2016
  • The total number of properties sold in 2016 was 1,412
  • The average sales price was £562 K, whereas the median was £468 K
  • New Property sales were 3.04% by value, whereas Not New Property contributed 96.96%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes had negative impact, declining by 11% over 2015

 

Mole Valley is one of the districts of Surrey.

Total Sales By Property Type

Mole Valley - Total Sales By Property Type

Mole Valley had total property sales of £794 millions which was 7.4% of the total Surrey Property Market 2016

The split of £794 millions across the different property types are:

  • Detached £401 millions (50.47%)
  • Semi-Detached £162 millions (20.42%)
  • Terraced £92 millions (11.58%)
  • Flat/Maisonette £86 millions (10.87%)
  • Other £53 millions (6.67%)

 

Mole Valley Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
KT11 Cobham, Stoke d'Abernon, Downside, Hatchford, parts of Wisley, Ockham and Hersham Details Elmbridge, Guildford, Mole Valley
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
KT21  Ashtead Details Mole Valley
KT22  Leatherhead, Oxshott, Fetcham Details Mole Valley, Elmbridge
KT23  Great Bookham, Little Bookham Details Mole Valley, Guildford
KT24  West Horsley, East Horsley, Effingham Details Guildford, Mole Valley
RH2 Reigate, Woodhatch, South Park, Skimmington, 
Leigh, Dawes Green, Bunce Common, Shellwood Cross,
Nalderswood, Sidlow, Irons Bottom		 Details Reigate and Banstead,
Mole Valley
RH3 Betchworth, Brockham, Buckland, Strood Green, Gadbrook Details Mole Valley
RH4  Betchworth (far west),Dorking, Pixham, Westco Details Mole Valley
RH5 Abinger, Capel, Westhumble, Mickleham, Ockley, Holmbury St Mary Details Mole Valley
RH6 Gatwick Airport,Horley, Burstow Details Mole Valley

 

Month-wise Break-up of Total Sales

Mole Valley - Month-wise Break-up of Total Sales

Some of the insights based on the £794 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £105 millions compared to £54 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  11.1% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike had negative impact on Mole Valley Property Market in 2016

 

Total No Of Properties Sold By Property Type

Mole Valley - Total No Of Properties Sold By Property Type

Mole Valley had total property sales of 1,412.  The split across the different property types are:

  • Detached 463 (32.79%)
  • Semi-Detached 325 (23.02%)
  • Flat/Maisonette 314 (22.24%)
  • Terraced 226 (16.01%)
  • Other 84 (5.95%)

 

Average & Median Sales Price

Mole Valley - Average & Median Sales Price

 The average sales price in Mole Valley was £562 K and for different property types it was:

  • Detached £865 K
  • Semi-Detached £499 K  
  • Terraced £407 K
  • Flat/Maisonette £275 K
  • Other it is £ 630 K    

Similarly median sales price in Mole Valley was £468 K and for different property types are:

  • Detached £765 K
  • Semi-Detached £480 K
  • Terraced £368 K
  • Flat/Maisonette £267 K
  • Other it is £270 K

 

New Vs Not New Property Statistics

Mole Valley - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £24 millions (3.04%)
  • Not New Property contributed £770 millions (96.96%)

By Total Number the split is as follows:

  • New properties sold were 33 (2.34%)
  • Not new property sold were 1,379 (97.66%)

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Waverley Property Market Declines By 8.2% in 2016, Impacted by Brexit and Stamp Duty Hike

31. May 2017 10:15 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • Waverley had total property sales of £1.1 billions in 2016
  • The total number of properties sold in 2016 was 2082
  • The average sales price  was £533 K, whereas the median was £425 K
  • New Property sales were 5.3% by value, whereas Not New Property contributed 94.7%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes had negative impact and it declined by 8.2%

 

Waverley is one of the districts of Surrey.

Total Sales By Property Type

Waverley - Total Sales By Property Type

Waverley had total property sales of £1.1 billions which was 10.34% of the total Surrey Property Market 2016

The split of £1.1 billions across the different property types are:

  • Detached £542 millions (48.86%)
  • Semi-Detached £225 millions (20.31%)
  • Terraced £148 millions (13.34%)
  • Flat/Maisonette £126 millions (11.34%)
  • Other £68 millions (6.15%)

 

Waverley Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
GU5  Albury, Bramley, Shere Details Guildford, Waverley
GU6  Cranleigh, Ewhurst, Alfold Details Waverley
GU7 Farncombe, Godalming  Details Waverley
GU8 Chiddingfold, Dunsfold, Elstead, Hascombe, Milford, Thursley, Witley Details Waverley
GU9  Farnham, Badshot Lea, Hale, Heath End Details Waverley
GU10 Bentley, Frensham, Churt, Crondall, Tongham, Ewshot, Seale, Tilford, Wrecclesham Details Waverley, East Hampshire, Guildford, Hart
GU26 Hindhead, Bramshott Chase, Grayshott Details Waverley
GU27 Haslemere, Fernhurst, Shottermill, Grayswood Details Waverley, Chichester

 

Month-wise Break-up of Total Sales 

Waverley - Month-wise Break-up of Total Sales

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

Stamp Duty Hike Impact

  1. March had property sale spike of £123 millions compared to £71 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  8.2% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike had negative impact on Waverley Property Market in 2016

 

Total No Of Properties Sold By Property Type 

Waverley - Total No Of Properties Sold By Property Type

Waverley had total property sales of 2082.  The split across the different property types are:

  • Detached 679 (32.61%)
  • Semi-Detached 488 (23.44%)
  • Flat/Maisonette 445 (21.37%)
  • Terraced 400 (19.21%)
  • Other  70 (3.36%)

 

Average & Median Sales Price 

Waverley - Average & Median Sales Price

 The average sales price in Waverley was £533 K and for different property types it was:

  • Detached £798 K
  • Semi-Detached £462 K  
  • Terraced £370 K
  • Flat/Maisonette £283 K
  • Other it is £ 975 K    

Similarly median sales price in Waverley was £425 K and for different property types are:

  • Detached £695 K
  • Semi-Detached £425 K
  • Terraced £342 K
  • Flat/Maisonette £255 K
  • Other it is £529 K

 

New Vs Not New Property Statistics 

Waverley - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £59 millions (5.3%)
  • Not New Property contributed £1.1 billions (94.7%)

By Total Number the split is as follows:

  • New properties sold were 97 (4.66%)
  • Not new property sold were 1,985 (95.34%)

 

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Milton Keynes Beats Brexit, Property Market Grows By 2% in 2016

21. May 2017 13:01 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Milton Keynes had total Property Sales of £1.48 billion in 2016
  • The total number of properties sold in year 2016 was 4,873
  • The Average property price was £304 K in Milton Keynes, while Median was £245 K
  • The sales value contributed by New Property was 13.46% where as Not New Property 86.54% 
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes did not cause decline and there was growth of 2% 

 

 Milton Keynes has unitary authority status in South East England.

Total Sales By Property Type

Milton Keynes - Total Sales By Property Type

Milton Keynes had total property sales of £1.48 billion which was 2.39% of the total South East property Market in 2016. 

 The split of £1.48 billion in Milton Keynes across the different property types are:

  • Detached £540 millions (36.49%)
  • Terraced £318 millions (21.51%)
  • Semi-Detached £298 millions (20.14%)
  • Other £174 millions (11.75%)
  • Flat/Maisonette £150 millions (10.11%)

Year on Year Comparison : Compared to Milton Keynes Property Market 2015 in 2016

  • All the property types sales have shown growth except Detached, Terraced

 

Milton Keynes Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
MK1 Denbigh, Mount Farm Details Milton Keynes
MK2 Brickfields, CentralBletchley,Fenny Stratford,Wate r Eaton Details Milton Keynes
MK3 Church Green, Far Bletchley, Old Bletchley,Newton Leys,West Bletchley Details Milton Keynes,Aylesbury Vale
MK4 Emerson Valley, Furzton, Kingsmead, Oxley Park,She nley Brook End, Snelshall West,Tattenhoe, Tattenho e Park, Westcroft, Whaddon, Woodhill Details Milton Keynes,Aylesbury Vale
MK5 Crownhill,Elfield Park, Grange Farm, Oakhill, Know lhill,Loughton, Medbourne,Shenley Brook End,Shenle y Church End, Shenley Lodge, Shenley Wood Details Milton Keynes
MK6 Ashland, Beanhill, Bleak Hall, Coffee Hall, Eagles tone, Fishermead, Leadenhall, Netherfield, Oldbroo k, Peartree Bridge, Redmoor, Springfield, Tinkers Bridge,Woughton on the Green, Woughton Park,Simpso n, Winterhill Details Milton Keynes
MK7 Browns Wood,Caldecotte, Kents Hill, Tilbrook,Walto n,Walton Hall,Wavendon,Wavendon Gate,Old Farm Park Details Milton Keynes
MK8 Crownhill, Grange Farm, Great Holm, Hazeley,Lought on, Loughton Lodge,Two Mile Ash, Wymbush Details Milton Keynes
MK9 Central Milton Keynes,Campbell Park Details Milton Keynes
MK10 Brinklow,Broughton, Kingston,Middleton, Monkston, Oakgrove Details Milton Keynes
MK11 Fullers Slade, Galley Hill, Kiln Farm,Stony Stratf ord Details Milton Keynes
MK12 Greenleys, Hodge Lea, Old Wolverton, Stacey Bushes ,Wolverton, Wolverton Mill Details Milton Keynes
MK13 Bancroft/Bancroft Park, Bluebridge,BradwellandBrad well Abbey, Bradwell Common,New Bradwell, Heelands , Stonebridge Details Milton Keynes
MK14 Blakelands, Conniburrow, Downs Barn, Giffard Park, Great Linford, Linford Wood,Oakridge Park,Stantonb ury, Neath Hill, Redhouse Park Details Milton Keynes
MK15 Bolbeck Park, Downhead Park, Fox Milne, Newlands,P ennyland, Pineham, Northfield,Tongwell, Willen Par k,Willen, Willen Lake,Great Woolstone, Little Wool stone Details Milton Keynes
MK16 Astwood,Broughton,Chicheley,Filgrave,Gayhurst,Hard mead,Lathbury, Little Crawley,Moulsoe,North Crawle y,Newport Pagnell,Sherington,Stoke Goldington,Tyri ngham Details Milton Keynes
MK17 Aspley Guise,Battlesden,Bow Brickhill,Drayton Pars low,Eversholt,Great Brickhill,Great Horwood,Hulcot e,Little Brickhill,Little Horwood,Milton Bryan,Mur sley,Nash,Newton Longville,Potsgrove,Salford,Stoke Hammond,Swanbourne,Thornton,Tingrith,Wavendon,Wha ddon,Woburn,Woburn Sands Details Aylesbury Vale,Central Bedfordshire, Milton Keynes
MK19 Beachampton,Calverton,CastlethorpeCosgrove,Deansha nger,Hanslope,Haversham,Little Linford,Long Street ,Old Stratford,Passenham,Upper Weald,Wicken Details Aylesbury Vale, Milton Keynes,South Northamptonshire
MK46 Clifton Reynes,Cold Brayfield,Emberton,Lavendon,Ol ney,Ravenstone,Warrington,Weston Underwood Details Milton Keynes

 

Month-wise Break-up of Total Sales

Milton Keynes - Month-wise Break-up of Total Sales

Some of the insights based on the £1.48 billion month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £221 millions compared to £118 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 2% in 2016
  3. Brexit coupled with Stamp Duty Hike have not had negative impact on Milton Keynes Property Market in 2016

 

 

Total No Of Properties Sold By Property Type

Milton Keynes - Total No Of Properties Sold By Property Type

 Milton Keynes had total property sales of 4,873.  The split across different property types are:

  • Terraced 1,423 (29.2%)
  • Detached 1,277 (26.21%)
  • Semi-Detached 1,126 (23.11%)
  • Flat/Maisonette 945 (19.39%)
  • Other 102 (2.09%)

Year on Year Comparison :  Compared to Milton Keynes Property Market 2015 in 2016

  • Total number of property sales in 2016 has decreased by 3.8%.
  • All property types have shown growth in number of properties sold except property type Detached, Terraced.
  • Other has shown growth of 27.5%

 

 

Average & Median Sales Price

Milton Keynes - Average & Median Sales Price

 The average sales price in Milton Keynes was £304 K and for the different property types it was:

  • Detached £423 K
  • Semi-Detached £265 K
  • Terraced £224 K
  • Flat/Maisonette £158 K
  • Other it is £1.7 million

Similarly median sales price in Milton Keynes was £245 K and for the different property types it was:

  • Detached £395 K
  • Semi-Detached £260 K
  • Terraced £218 K
  • Flat/Maisonette £162 K
  • Other it is £273 K

Year on Year Comparison : Compared to Milton Keynes Property Market 2015 in 2016

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

 

 

New Vs Not New Property Statistics

Milton Keynes - New Vs Not New Property Statistics

  By Sales Value the split is as follows:

  • New Property contributed £199 millions (13.47%)
  • Not New Property contributed £1.28 billions (86.53%)

By Total Number the split is as follows:

  • New properties sold were 611 (12.54%)
  • Not new property sold were 4,262 (87.46%)

Year on Year Comparison : Compared to Milton Keynes Property Market 2015 in 2016

  • New property market share in property market has gone down

 

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Medway Property Market Witnessed Modest Growth of 0.9% in 2016

21. May 2017 13:00 / VInsights Team / South East England / Comments (0)

Story Highlights

  • Medway had total property sales of £1.15 Billion in 2016
  • The total number of properties sold in 2016 was 4,822 properties
  • The average sales price in Medway was £239 K, whereas the median sales price was £215 K
  • New Property sales were 3.63% by value, whereas Not New Property contributed 96.37%
  • Stamp duty changes caused monthly spike in March
  • Medway had modest growth of 0.9% in 2016 over 2015

 

 Medway has unitary authority status in South East England.

 

Total Sales By Property Type

Medway - Total Sales By Property Type

Medway had total property sales of £1.15 billion which was 1.85% of the total South East property Market in 2016. 

 The split of £1.15 billion in Medway across the different property types are:

  • Terraced £480 millions (41.7%)
  • Semi-Detached £303 millions (26.37%)
  • Detached £223 millions (19.38%)
  • Flat/Maisonette £92 millions (7.97%)
  • Other £53 millions (4.58%)

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

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

 

Medway Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
ME1 Rochester,Burham,Wouldham Details Medway,Tonbridge and Malling
ME2 Strood,Halling,Cuxton,Frindsbury Details Medway
ME3 Rural,Hoo Peninsula,Higham Details Medway,Gravesham
ME4 Chatham Details Medway
ME5 Walderslade,Blue Bell Hill,Lordswood,Luton Details Medway (and smaller areas within Maidstone, Tonbridge and Malling)
ME7 Gillingham,Rainham,Hempstead Details Medway
ME8 Rainham, Parkwood,Twydall Details Medway

 

Month-wise Break-up of Total Sales

Medway - Month-wise Break-up of Total Sales

Some of the insights based on the £1.15 billion month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £144 millions compared to £78 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 0.9% in 2016
  3. Brexit coupled with Stamp Duty Hike have not had negative impact on Medway Property Market in 2016

 

 

Total No Of Properties Sold By Property Type

Medway - Total No Of Properties Sold By Property Type

  Medway had total property sales of 4,822.  The split across different property types are:

  • Terraced 2,343 (48.59%)
  • Semi-Detached 1,147 (23.79%)
  • Flat/Maisonette 634 (13.15%)
  • Detached 585 (12.13%)
  • Other 113 (2.34%)

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

  • Total number of property sales in 2016 has decreased by 1%.
  • All property types have shown decline in number of properties sold except property type Other.
  • Other has shown growth of 37.80%

 

 

Average & Median Sales Price

Medway - Average & Median Sales Price

 The average sales price in Medway was £239 K. For the different property types it was

  • Detached at £381 K
  • Semi-Detached at £264 K
  • Terraced at £205 K
  • Flat/Maisonette at £145 K
  • Other it is at £466 K

Similarly median sales price in Medway was £215 K. For different property types it was

  • Detached at £368 K
  • Semi-Detached at £260 K
  • Terraced at £198 K
  • Flat/Maisonette at £135 K
  • Other it is at £210 K

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

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

 

 

New Vs Not New Property Statistics

Medway - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £42 millions (3.63%)
  • Not New Property contributed £1.1 billion (96.37%)

By Total Number the split is as follows:

  • New properties sold were 132 (2.74%)
  • Not new property sold were 4690 (97.26%)

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

  • New property market share in property market has gone down

 

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West Oxfordshire Property Market in 2016 Grows By 9.58%

11. May 2017 09:51 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • West Oxfordshire had total property sales of £743 millions in 2016
  • The average sales price was £407 K, whereas the median was £310 K
  • New Property sales were 7.36% by value, whereas Not New Property contributed 92.64%
  • 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  9.58% in 2016 over 2015

 

West Oxfordshire is one of the districts of Oxfordshire.

Total Sales By Property Type

West Oxfordshire - Total Sales By Property Type

West Oxfordshire had total property sales of £743 millions which was 15.81% of the total Oxfordshire Property Market 2016

The split of £743 millions across the different property types are:

  • Detached £258 millions (34.72%)
  • Terraced £160 millions (21.55%)
  • Semi-Detached £140 millions (18.81%)
  • Flat/Maisonette £66 millions (8.86%)
  • Other £119 millions (16.06%)

 

West Oxfordshire Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
GL7 Ampney Crucis, Ampney Knowle, Ampney St. Mary, Amp ney St. Peter, Bagendon, Barnsley, Baunton,Bibury, Calmsden, Cerney Wick, Coates, Coln St. Aldwyns, Daglingworth, Daneway, Down Ampney, Driffield, Dun tisbourne Abbotts, Duntisbourne Leer, Duntisbourne Rouse, Eastleach, Ewen, Harnhill, Hatherop, Honey combe Leaze, Kemble, Kemble Wick, Love Lane Indust rial Estate, Lower Norcote, Marsden, Meysey Hampto n, Middle Duntisbourne, Norcote, North Cerney, Nor th Cerney Downs, Perrotts Brook, Poole Keynes, Pou lton, Preston, Quenington, Rapsgate, Ready Token, Rendcomb, Rodmarton, Sapperton, Shorncote, Sidding ton, Somerford Keynes, South Cerney, Stratton, Tar lton, Tunley, Upper Up, Whiteway, Winson, Winstone , Woodmancote,Dudgrove, Dunfield, Kempsford, Totte rdown, Whelford,Broadwell, Claydon, Claydon Pike, Downington, Filkins, Fyfield, Kelmscott, Kencot, L angford, Little Faringdon, Little London, Southrop , Thornhill, Warrens Cross Details Cotswold, Stroud,Wiltshire,Vale Of White Horse, West Oxfordshire
GL56 Adlestrop, Aston Magna, Barton-on-the-Heath, Batsf ord, Blockley, Bourton on the Hill, Broadwell, Cha stleton, Daylesford, Donnington, Dorn, Draycott, E venlode, Little Compton, Longborough, Lower Leming ton, Oddington, Old Town, Sezincote, Snowshill Hil l, Springhill, Stretton on Fosse, Todenham, Upper Oddington Details Cotswold, Stratford-on-Avon,Tewkesbury, West Oxfordshire
OX5 Kidlington,Yarnton,Begbroke,Tackley,Murcott,Charlt on-on-Otmoor,Fencott,Islip Details Cherwell, West Oxfordshire,Aylesbury Vale
OX7 Chipping Norton,Charlbury,Chadlington,Bledington Details West Oxfordshire,Cotswold
OX15 Bloxham,Drayton,Wroxton,North Newington,South Newi ngton,Swalcliffe,Sibford Gower,Sibford Ferris,Barf ord St Michael,Barford St John,Deddington,Hempton, Broughton,Hornton,Horley,Balscote,Shenington,Alker ton,Wigginton,Milton,Hook Norton,Milcombe,Shutford ,Epwell,Tadmarton,Swerford,Bodicote,Brailes,Edge H ill,Ratley, Upton Details Cherwell,Stratford-on-Avon, West Oxfordshire
OX18 Alvescot,Asthall,Aston,Bampton,Barrington,Black Bo urton, Bradwell,Brize Norton,Burford,Carterton,Chi mney,Clanfield,Cote,Fulbrook,Grafton,Holwell,Lew, Little Clanfield, Radcot,Shilton,Signet,Swinbrook, Taynton, Upper Windrush,Upton,Weald,Westwell,Widfo rd, Windrush Details West Oxfordshire, Cotswold
OX20 Woodstock,Bladon,Glympton,Kiddington, Woodleys,Woo tton Details West Oxfordshire
OX25 Ambrosden,Arncott,Blackthorn, Caulcott,Duns Tew, L ittle Chesterton,Lower Heyford,Merton,Middle Aston ,Middleton Stoney,North Aston,Piddington,Rousham,S omerton,Steeple Aston,Steeple Barton,Upper Heyford ,Wendlebury,Weston-on-the-Green Details Cherwell, West Oxfordshire
OX28 Witney Details West Oxfordshire
OX29 Barnard Gate,Brighthampton,Church Hanborough,Combe ,Crawley,Curbridge,Ducklington,Eynsham,Freeland,Ha iley,Hardwick, High Cogges,Long Hanborough, New Ya tt,Newbridge,North Leigh, East End (North Leigh), Old Shifford,Shifford,Standlake,Stanton Harcourt,S tonesfield, Sutton,Yelford Details West Oxfordshire
 

Month-wise Break-up of Total Sales

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

Some of the insights based on the £743 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £94 millions compared to £45 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  9.58% in 2016 over 2015
  3. Brexit coupled with Stamp Duty Hike did not have negative impact on West Oxfordshire Property Market in 2016

 

Total No Of Properties Sold By Property Type

West Oxfordshire - Total No Of Properties Sold By Property Type

West Oxfordshire had total property sales of 1,828.  The split across the different property types are:

  • Terraced 530 (28.99%)
  • Detached 498 (27.24%)
  • Semi-Detached 414 (22.65%)
  • Flat/Maisonette 305 (16.68%)
  • Other 81 (4.43%)

 

Average & Median Sales Price

West Oxfordshire - Average & Median Sales Price

 The average sales price in West Oxfordshire was £407 K and for different property types it was:

  • Detached £518 K
  • Semi-Detached £337 K
  • Terraced £302 K
  • Flat/Maisonette £216 K
  • Other it is £1.5 millions 

Similarly median sales price in West Oxfordshire was £310 K and for different property types are:

  • Detached £450 K
  • Semi-Detached £310 K
  • Terraced £275 K
  • Flat/Maisonette £195 K
  • Other it is £475 K

 

New Vs Not New Property Statistics

West Oxfordshire - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £55 millions (7.36%)
  • Not New Property contributed £689 millions (92.64%)

By Total Number the split is as follows:

  • New properties sold were 138 (7.55%)
  • Not new property sold were 1,690 (92.45%)

 

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