Hounslow Property Market Stagnates in 2016

Story Highlights

  • Hounslow had total Property Sales of £1.86 billions in 2016
  • The total number of properties sold in year 2016 was 3072
  • The average property price was £607 K while median was was £380 K
  • Not New Property contributed 85.94% and New Property 14.06% by sales value
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes caused Hounslow Property Market to stagnate and there was no appreciable change in 2016 compared to 2015

 

Hounslow is one of the Boroughs of West London. It had total Property Sales of £1.86 billions which was 13.27% of West London Property Market 2016.

 

Total Sales By Property Type

Hounslow 2016 - Total Sales By Property Type

The split of £1.86 billions across the different property types are:

  • Flat/Maisonette: £654 millions (35.1%)
  • Other: £448 millions (24.03%)
  • Terraced: £398 millions (21.37%)
  • Semi-Detached: £301 millions (16.15%)
  • Detached: £63 millions (3.36%)

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

  • All the property types have shown decline in sales except Other
  • Others has shown growth of 79.2% in total sales value in 2016 over 2015
  • Total sales value has remained fairly constant in 2016 compared to 2015

 

 

Hounslow Property Market at Postcode level

Postcode 

 Coverage Area         

 Local Authority Area
TW1

Twickenham, St. Margarets, Strawberry Hill (east)

Hounslow, Richmond upon Thames
TW3  Hounslow, Lampton, Whitton (north)  Hounslow, Richmond upon Thames
TW4  Hounslow West, Hounslow Heath, Whitton (west), Cranford (south) Hounslow, Richmond upon Thames
TW5  Heston, Cranford (north), Osterley (west)  Hounslow
TW7  Isleworth, Osterley (east and centre)  Hounslow,Richmond Upon Thames
TW8  Brentford, Kew Bridge, Syon Park  Hounslow, Ealing
TW13  Feltham, Hanworth Hounslow, Richmond upon Thames
TW14 Feltham (part of the station area), North Feltham, East Bedfont, Hatton Hillingdon, Hounslow, Spelthorne
TW15 Ashford  Hounslow, Spelthorne
UB2  Southall (south), Norwood Green Ealing, Hounslow
W3  Acton, West Acton, North Acton (part), South Acton, East Acton (west), Park Royal (south), Hanger Hill Garden Estate, Gunnersbury Park Ealing, Hounslow, Hammersmith and Fulham
W4 Chiswick, Gunnersbury, Turnham Green, Acton Green, South Acton (part), Bedford Park  Hounslow, Ealing, Hammersmith and Fulham
W5  Ealing, South Ealing, Ealing Common, North Ealing, Northfields, (south and east), Pitshanger, Hanger Lane Ealing, Hounslow
W6  Hammersmith, Ravenscourt Park, Stamford Brook (part) Hammersmith and Fulham, Hounslow

 

 

 

Month-wise Break-up of Total Sales

Hounslow 2016 - Month-wise Break-up of Total Sales

Stamp Duty Hike Impact

  1. March had property sale spike of £286 millions  compared to £138  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 aftermath of Brexit 
  3. Year on Year the property market for Hounslow  has remained fairly constant in 2016 over 2015

 

 

Total No Of Properties Sold By Property Type

Hounslow 2016 - Total No Of Properties Sold By Property Type

In Hounslow the total number of properties sold in year 2016 was 3072. The breakdown by different property types are:

  • Terraced: 716 (23.31%)
  • Semi-Detached: 525 (17.09%)
  • Other : 107 (3.48%)
  • Flat/Maisonette:1649 (53.68%)
  • Detached : 75 (2.44%).

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

  • Total number of property sales in West London has declined by 14.76%
  • All property types have shown decline in number of properties sold except property type Other
  • Other has shown significant growth of 18.9% 

 

 

Average & Median Sales PricHounslow 2016 - Average & Median Sales Price

In 2016 the Average property price was £607 K in Hounslow. The average price for the different property types are:

  • Detached £834 K
  • Flat/Maisonette £396 K
  • Other £4.19 millions
  • Semi-Detached £573 K
  • Terraced £556 K

The Median property price was £380 K. The median property price for the different property types are:

  • Detached £500 K
  • Flat/Maisonette £323 K
  • Other £435 K
  • Semi-Detached £425 K
  • Terraced £420 K

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

  • The average sales price for all property types have gone up except for Detached, Semi-Detached
  • The median sales price for all property types have gone up except for Detached, Other

 

 

New Vs Not New Property Statistics

Hounslow 2016 - New Vs Not New Property Statistics

By Value Of Sales

  • Not New Property contributed £1.6 billion (85.94%)
  • New Property £262 millions (14.06%) 

 By Number Of Sales

  • The number of Not New Property sold was 2547 (82.91%)
  • whereas the number of New Properties sold were 525 (17.09%) 

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

  • New property market share in property market has not shown appreciable change in 2016 over 2015

All London Posts

Ealing Property Market Declines 7% in 2016

Story Highlights

  • Ealing had total Property Sales of £2.18 billions in 2016
  • The total number of properties sold in year 2016 was 3,424
  • The Average property price was £636 K in Ealing, while Median was £446 K
  • The sales value contributed by New Property was 5.57%, whereas Not New Property 94.43% 
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes caused decline of 7% in total sales compared to 2015

 

Ealing is one of the Boroughs of West London. It had total Property Sales of £2.18 billions which was 15.51% of West London Property Market 2016.

 

Total Sales By Property Type

Ealing 2016 - Total Sales By Property Type

The split of £2.18 billions across the different property types are:

  • Flat/Maisonette: £698 millions (32.04%)
  • Terraced: £567 millions (26.03%)
  • Other: £428 millions (19.66%)
  • Semi-Detached: £358 millions (16.45%)
  • Detached: £127 millions (5.83%)

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

  • All the property types have shown decline in sales except Other, Detached
  • Others has shown growth of 35.44% in the total sales value
  • Year on Year the property market for Ealing has declined by 7.23% over 2015

 

 

Ealing Property Market at Postcode level

Postcode 

 Coverage Area         

 Local Authority Area
HA0

Alperton, Sudbury, Sudbury Hill, Wembley Central and North Wembley

Brent, Harrow, Ealing
NW10 Willesden district: Willesden, Harlesden, Kensal Green, Brent Park, College Park, Stonebridge, North Acton (part), West Twyford, Neasden (south), Old Oak Common, Park Royal (north) Brent, Ealing, Hammersmith and Fulham, Kensington and Chelsea
TW8 Brentford, Kew Bridge, Syon Park Hounslow, Ealing
UB1 Southall (north) Ealing
UB2 Southall (south), Norwood Green Ealing, Hounslow
UB5 Northolt Ealing, Harrow, Hillingdon
UB6 Greenford, Perivale Ealing
W3 Acton, West Acton, North Acton (part), South Acton, East Acton (west), Park Royal (south), Hanger Hill Garden Estate, Gunnersbury Park Ealing, Hounslow, Hammersmith and Fulham
W4  Chiswick, Gunnersbury, Turnham Green, Acton Green, South Acton (part), Bedford Park Hounslow, Ealing, Hammersmith and Fulham
W5 Ealing, South Ealing, Ealing Common, North Ealing, Northfields, (south and east), Pitshanger, Hanger Lane Ealing, Hounslow
W7 Hanwell, Boston Manor (part) Ealing, Hounslow
W12 Shepherds Bush, White City, Wormwood Scrubs, East Acton (east) Hammersmith and Fulham, Ealing
W13 West Ealing, Northfields (north and west) Ealing

 For property market details at post code level please click on Postcode in the table above.

 

 

Month-wise Break-up of Total Sales

Ealing 2016 - Month-wise Break-up of Total Sales

Stamp Duty Hike Impact

  1. March had property sale spike of £363 millions compared to £166 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 the property sales in the immediate aftermath of Brexit 
  3. Year on Year the property market for Ealing has declined by 7.23% over 2015

 

 

Total No Of Properties Sold By Property Type

Ealing 2016 - Total No Of Properties Sold By Property Type

The total number of properties sold in Ealing 2016 was 3,424

  • Terraced 933 (27.25%)
  • Semi-Detached 485 (14.16%)
  • Other 184 (5.37%)
  • Flat/Maisonette 1,731 (50.55%)
  • Detached 91 (2.66%)

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

  • Total number of property sales in London has declined by 15%
  • All property types have shown decline in number of properties sold except property type Other
  • Other has shown significant increase  of 48.4% over 2015

 

 

Average & Median Sales Price

Ealing 2016 - Average & Median Sales Price

 

In 2016 the average property price was £636 K in Ealing. The average property price for the different property types are:

  • Detached: £1.39 millions
  • Flat/Maisonette: £403 K
  • Other: £2.3 millions
  • Semi-Detached: £739 K
  • Terraced: £608 K

The median property price was £446 K. The median property price for the different property types are:

  • Detached: £1.16 millions
  • Flat/Maisonette: £380 K
  • Other: £338 K
  • Semi-Detached: £610 K
  • Terraced: £510 K

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

  • The sales price across all property types have gone up except for Flat/Maisonette, Other

 

 

New Vs Not New Property Statistics

Ealing 2016 - New Vs Not New Property Statistics

By Value Of Sales

  • The sales value contributed by New Property was £121 millions (5.57%)
  • Not New Property contributed £2.06 billions (94.43%) 

By Number Of Sales

  • New properties sold were 251 (7.33%)
  • where as not new property sold were 3,173 (92.67%) 

 

  All London Posts

London W Postcode Area - W2, W3, W4, W5, W6, W7, W8, W9 Property Market 2016

Please click here for the updated version of this post

This Post covers 

  • Coverage Area of Postcode W2 to W9
  • Total Sales By Postcode W2 to W9
  • Average & Median Sales Price By Postcode W2 to W9
  • Total Number of Sales By Postcode W2 to W9
  • Multi Year Property Trend Analysis By Postcode W2 to W9
  • Schools for Postcode Area W
  • Posts for Postcode Area W

 

Coverage Area of Postcode W2 to W9

Postcode                 Coverage Area          Local Authority Area
W2 Paddington, Bayswater, Hyde Park, Westbourne Green, Little Venice (part), Notting Hill (part) Westminster, Kensington and Chelsea
W3 Acton, West Acton, North Acton (part), South Acton, East Acton (west), Park Royal (south), Hanger Hill Garden Estate, Gunnersbury Park Ealing, Hounslow, Hammersmith and Fulham
W4  Chiswick, Gunnersbury, Turnham Green, Acton Green, South Acton (part), Bedford Park Hounslow, Ealing, Hammersmith and Fulham
W5 Ealing, South Ealing, Ealing Common, North Ealing, Northfields, (south and east), Pitshanger, Hanger Lane Ealing, Hounslow
W6 Hammersmith, Ravenscourt Park, Stamford Brook (part) Hammersmith and Fulham, Hounslow
W7 Hanwell, Boston Manor (part) Ealing, Hounslow
W8 Kensington, Holland Park (part) Kensington and Chelsea
W9 Maida Hill, Maida Vale, Little Venice (part) Westminster, Brent, Camden

 

Total Sales By Postcode in 2016
W Property Market - Total Sales By Postcode

The Total Sales by the Postcodes are:

  • W2  £826 millions, W3 £477 millions , W4 £573 millions
  • W5  £570 millions, W6 £489 millions , W7 £186 millions
  • W8  £854 millions, W9 £381 millions 

 

Average & Median Sales Price By Postcode in 2016

W Property Market - Average Sales Price By Postcode

W Property Market - Median Sales Price By Postcode  

Total Number Of Sales By Postcode in 2016

W Property Market - Total Number Of Sales By Postcode

 

Multi Year Property Trend Analysis By Postcode

Postcode Post
W2 Trend Analysis Details
W3 Trend Analysis Details
W4 Trend Analysis Details
W5 Trend Analysis Details
W6 Trend Analysis Details
W7 Trend Analysis Details
W8 Trend Analysis Details
W9 Trend Analysis Details

 

Schools for Postcode Area W

 

Posts for Postcode Area W

 

All W Postcodes Yearly & Trend Analysis Posts

 

Reference

W Postcode Area As Per Wikipedia

London W Postcode Area - W1B, W1C, W1D, W1F, W1G, W1H, W1J, W1K, W1S, W1T, W1U, W1W Property Market 2016

Please click here for the updated version of this post

This Post covers 

  • Coverage Area of Postcode W1B to W1W
  • Total Sales By Postcode W1B to W1W
  • Average & Median Sales Price By Postcode W1B to W1W
  • Total Number of Sales By Postcode W1B to W1W
  • Multi Year Property Trend Analysis By Postcode W1B to W1W
  • Schools for Postcode Area W
  • Posts for Postcode Area W

 

Coverage Area of Postcode W1B to W1W

Postcode                 Coverage Area           Local Authority Area
W1B Portland Place, Regent Street Westminster
W1C Oxford Street (west) Westminster
W1D Soho (south east); Chinatown, Soho Square Westminster
W1F Soho (north west) Westminster
W1G Harley Street Westminster
W1H Marylebone Westminster
W1J Mayfair (south), Piccadilly, Royal Academy Westminster
W1K Mayfair (north), Grosvenor Square Westminster
W1S Mayfair (east), Hanover Square, Savile Row Westminster
W1T Fitzrovia, Tottenham Court Road Camden
W1U Marylebone Westminster
W1W Great Portland Street, Fitzrovia Westminster

 

Total Sales By Postcode in 2016

W Property Market - Total Sales By Postcode

The Total Sales by the Postcodes are:

  • W1B  £60 millions, W1C £52 millions , W1D £148 millions, W1F £244 millions
  • W1G  £139 millions, W1H £188 millions , W1J £190 millions, W1K £467 millions
  • W1S  £505 millions, W1T £553 millions , W1U £296 millions, W1W £128 millions

 

Average & Median Sales Price By Postcode in 2016

W Property Market - Average Sales By Postcode

W Postcode Market - Median Sales By Postcode

   

Total Number Of Sales By Postcode in 2016W Property Market - Total Number of Sales By Postcode

 

Multi Year Property Trend Analysis By Postcode

 

Schools for Postcode Area W

 

Posts for Postcode Area W

 

All Postcode Area Posts 

 

 

Reference

W Postcode Area As Per Wikipedia

London UB Postcode Area - UB7, UB8, UB9, UB10, UB11 Property Market 2016

Please click here for the updated version of this post

This Post covers 

  • Coverage Area of Postcode UB7 to UB11
  • Total Sales By Postcode UB7 to UB11
  • Average & Median Sales Price By Postcode UB7 to UB11
  • Total Number of Sales By Postcode UB7 to UB11
  • Multi Year Property Trend Analysis By Postcode UB1 to UB6
  • Schools for Postcode Area UB
  • Posts for Postcode Area UB

 

Coverage Area of Postcode UB7 to UB11

Postcode                 Coverage Area           Local Authority Area
UB7 West Drayton, Harmondsworth, Sipson, Yiewsley, Longford Hillingdon
UB8 Uxbridge, Cowley, Hillingdon (part) Hillingdon
UB9 Denham, Harefield South Bucks, Hillingdon
UB10 Hillingdon, Ickenham Hillingdon
UB11 Stockley Park Hillingdon

 

Total Sales By Postcode UB7 to UB11 in 2016

UB Property Market - Total Sales By Postcode

The Total Sales by the Postcodes are:

  • UB10  £246 millions, UB11 £45 millions 
  • UB7  £203 millions, UB8 £204 millions , UB9 £140 millions

 

Average & Median Sales Price By Postcode in 2016

UB Property Market - Average & Median Sales Price By Postcode

   

Total Number Of Sales By Postcode in 2016

UB Property Market - Total Number Of Sales By Postcode

  

Multi Year Property Trend Analysis By Postcode

 

Schools for Postcode Area UB

 

Posts for Postcode Area UB

 

All Postcode Area Posts 

 

Reference

UB Postcode Area As Per Wikipedia