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

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

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

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

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

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

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%) 

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