Story Highlights

• Gravesham had total property sales of £428 millions in 2016
• The total number of properties sold in 2016 was 1449
• The average sales price in Gravesham was £296 K, whereas the median was £260 K
• New Property sales were 0.57% by value, whereas Not New Property contributed 99.43%.
• Stamp duty changes caused monthly spike in March
• Brexit coupled with Stamp Duty changes  did not cause decline, there was growth of 1.18%

Gravesham is one of the districts of Kent

Total Sales By Property Type

Gravesham had total property sales of £428 millions which was 4.59% of the total Kent Property Market 2016

The split £428 millions across the different property types are:

• Terraced £143 millions (33.47%)
• Semi-Detached £118 millions (27.51%)
• Detached £96 millions (22.31%)
• Flat/Maisonette £46 millions (10.66%)
• Other £26 millions (6.05%)

Gravesham Property Market at Postcode Level

Month-wise Break-up of Total Sales

 Some of the insights based on the £428 millions month-wise break-down :

Stamp Duty Hike Impact

1. March had property sale spike of £55 millions compared to £31 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 1.18% in 2016 over 2015
3. Brexit coupled with Stamp Duty Hike did not cause decline of Gravesham Property Market in 2016

Total No Of Properties Sold By Property Type

 Gravesham had total property sales of 1449.  The split across different property types are:

• Terraced 552 (38.1%)
• Semi-Detached 365 (25.19%)
• Flat/Maisonette 290 (20.01%)
• Detached 201 (13.87%)
• Other 41 (2.83%)

Average & Median Sales Price

 The average sales price in Gravesham was £296 K and for different property types it was:

• Detached £475 K
• Semi-Detached £323 K
• Terraced £260 K
• Flat/Maisonette £157 K
• Other it is £632 K

Similarly median sales price in Gravesham was £260 K and for different property types are:

• Detached £450 K
• Semi-Detached £302 K
• Terraced £250 K
• Flat/Maisonette £156 K
• Other it is £260 K

New Vs Not New Property Statistics

 By Sales Value the split is as follows:

• New Property contributed £2 millions (0.57%)
• Not New Property contributed £426 millions (99.43%)

By Total Number the split is as follows:

• New properties sold were 8 (0.55%)
• Not new property sold were 1,441 (99.45%)

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Story Highlights

• Dover had total property sales of £593 Billions in 2016
• The total number of properties sold in 2016 was 2,413
• The average sales price in Dover was £246 K, whereas the median was £208 K
• New Property sales were 9.69% by value, whereas Not New Property contributed 90.31%
• Stamp duty changes caused monthly spike in March
• Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 7%

Total Sales By Property Type

Dover had total property sales of £593 millions which was 7% of the total Kent Property Market 2016

The split £593 millions across the different property types are:

• Detached £192 millions (32.44%)
• Terraced £170 millions (28.64%)
• Semi-Detached £147 millions (24.85%)
• Flat/Maisonette £47 millions (7.89%)
• Other £37 millions (6.19%)

Month-wise Break-up of Total Sales

Some of the insights based on the £593 millions month-wise break-down :

Stamp Duty Hike Impact

1. March had property sale spike of £74 millions compared to £50 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 7% in 2016 over 2015
3. Brexit coupled with Stamp Duty Hike had negative impact on Dover Property Market in 2016

Total No Of Properties Sold By Property Type

 Dover had total property sales of 2413.  The split across different property types are:

• Terraced 874 (36.22%)
• Semi-Detached 639 (26.48%)
• Detached 518 (21.47%)
• Flat/Maisonette 320 (13.26%)
• Other 62 (2.57%)

Average & Median Sales Price

  The average sales price in Dover was £246 K and for different property types it was:

• Detached £371 K
• Semi-Detached £231 K
• Terraced £194 K
• Flat/Maisonette £146 K
• Other it is £592 K

Similarly median sales price in Dover was £208 K and for different property types are:

• Detached £325 K
• Semi-Detached £215 K
• Terraced £175 K
• Flat/Maisonette £125 K
• Other it is £300 K

New Vs Not New Property Statistics

 By Sales Value the split is as follows:

• New Property contributed £57 millions (9.69%)
• Not New Property contributed £535 millions (90.31%)

By Total Number the split is as follows:

• New properties sold were 235 (9.74%)
• Not new property sold were 2,178 (90.26%)

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Story Highlights

• Shepway had total property sales of £627 millions in 2016
• The total number of properties sold in 2016 was 2290
• The average sales price in Shepway was £274 K, whereas the median was £220 K
• New Property sales were 9.25% by value, whereas Not New Property contributed 90.75%.
• Stamp duty changes caused monthly spike in March
• Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 16%

 Shepway is one of the districts of Kent

Total Sales By Property Type

Shepway had total property sales of £627 millions which was % of the total Kent Property Market 2016

The split £627 millions across the different property types are:

• Detached £212 millions (33.8%)
• Semi-Detached £130 millions (20.78%)
• Terraced £127 millions (20.27%)
• Flat/Maisonette £97 millions (15.52%)
• Other £60 millions (9.63%)

Shepway Property Market at Postcode Level

Month-wise Break-up of Total Sales

Some of the insights based on the £627 millions month-wise break-down :

Stamp Duty Hike Impact

1. March had property sale spike of £78 millions compared to £46 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 16% in 2016 over 2015
3. Brexit coupled with Stamp Duty Hike did not have negative impact on Shepway Property Market in 2016

Total No Of Properties Sold By Property Type

Shepway had total property sales of 2290.  The split across different property types are:

• Terraced 617 (26.94%)
• Flat/Maisonette 586 (25.59%)
• Detached 528 (23.06%)
• Semi-Detached 498 (21.75%)
• Other 61 (2.66%)

Average & Median Sales Price

  The average sales price in Shepway was £274 K and for different property types it was:

• Detached £401 K
• Semi-Detached £262 K
• Terraced £206 K
• Flat/Maisonette £166 K
• Other it is £990 K

Similarly median sales price in Shepway was £220 K and for different property types are:

• Detached £350 K
• Semi-Detached £238 K
• Terraced £193 K
• Flat/Maisonette £139 K
• Other it is £250 K

New Vs Not New Property Statistics

 By Sales Value the split is as follows:

• New Property contributed £58 millions (9.25%)
• Not New Property contributed £569 millions (90.75%)

By Total Number the split is as follows:

• New properties sold were 165 (7.21%)
• Not new property sold were 2,125 (92.79%)

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Story Highlights

• Thanet had total property sales of £729 millions in 2016
• The total number of properties sold in 2016 was 3172
• The average sales price in Thanet was £230 K, whereas the median was £199 K
• New Property sales were 3.47% by value, whereas Not New Property contributed 96.53%.
• Stamp duty changes caused monthly spike in March
• Brexit coupled with Stamp Duty changes did not have negative impact, there was growth of 11%

Thanet is one of the districts of Kent.

Total Sales By Property Type

Thanet had total property sales of £729 millions which was 7.82% of the total Kent Property Market 2016

The split £729 millions across the different property types are:

• Detached £208 millions (28.52%)
• Semi-Detached £184 millions (25.3%)
• Terraced £175 millions (23.97%)
• Flat/Maisonette £118 millions (16.12%)
• Other £44 millions (6.1%)

Thanet Property Market at Postcode Level

Month-wise Break-up of Total Sales

 Some of the insights based on the £729 millions month-wise break-down :

Stamp Duty Hike Impact

1. March had property sale spike of £111 millions compared to £57 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 11% in 2016 over 2015
3. Brexit coupled with Stamp Duty Hike did not have negative impact on Thanet Property Market in 2016

Total No Of Properties Sold By Property Type

 Thanet had total property sales of 3172. The split across the different property types are:

• Terraced 873 (27.52%)
• Flat/Maisonette 843 (26.58%)
• Semi-Detached 771 (24.31%)
• Detached 562 (17.72%)
• Other 123 (3.88%)

Average & Median Sales Price

 The average sales price in Thanet was £230 K and for the different property types it was:

• Detached £370 K
• Semi-Detached £239 K
• Terraced £200 K
• Flat/Maisonette £139 K
• Other it is £361 K

Similarly median sales price in Thanet was £199 K and for the different property types are:

• Detached £340 K
• Semi-Detached £230 K
• Terraced £183 K
• Flat/Maisonette £125 K
• Other it is £132 K

New Vs Not New Property Statistics

 By Sales Value the split is as follows:

• New Property contributed £25 millions (3.47%)
• Not New Property contributed £704 millions (96.53%)

By Total Number the split is as follows:

• New properties sold were 104 (3.28%)
• Not new property sold were 3,068 (96.72%)

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Story Highlights

• Swale had total property sales of £638 millions in 2016
• The total number of properties sold in 2016 was 2617
• The average sales price  was £244 K, whereas the median was £220 K
• New Property sales were 9.42% by value, whereas Not New Property contributed 90.58%
• Stamp duty changes caused monthly spike in March
• Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 5%

 Swale is one of the districts of Kent

Total Sales By Property Type

Swale had total property sales of £638 millions which was 6.85% of the total Kent Property Market 2016

The split £638 millions across the different property types are:

• Detached £200 millions (31.32%)
• Terraced £193 millions (30.2%)
• Semi-Detached £175 millions (27.37%)
• Flat/Maisonette £36 millions (5.66%)
• Other £35 millions (5.45%)

Swale Property Market at Postcode Level

Month-wise Break-up of Total Sales

Some of the insights based on the £638 millions month-wise break-down :

Stamp Duty Hike Impact

1. March had property sale spike of £73 millions compared to £56 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 5% in 2016 over 2015
3. Brexit coupled with Stamp Duty Hike did not have negative impact on Swale Property Market in 2016

Total No Of Properties Sold By Property Type

 Swale had total property sales of 2617.  The split across different property types are:

• Terraced 960 (36.68%)
• Semi-Detached 717 (27.4%)
• Detached 566 (21.63%)
• Flat/Maisonette 271 (10.36%)
• Other 103 (3.94%)

Average & Median Sales Price

 The average sales price in Swale was £244 K and for the different property types it was:

• Detached £353 K
• Semi-Detached £244 K
• Terraced £201 K
• Flat/Maisonette £133 K
• Other it is £338 K

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

• Detached £323 K
• Semi-Detached £235 K
• Terraced £190 K
• Flat/Maisonette £131 K
• Other it is £180 K

New Vs Not New Property Statistics

 By Sales Value the split is as follows:

• New Property contributed £60 millions (9.42%)
• Not New Property contributed £578 millions (90.58%)

By Total Number the split is as follows:

• New properties sold were 229 (8.75%)
• Not new property sold were 2,388 (91.25%)

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