Story Highlights
- Sevenoaks had total property sales of £1.04 billions in 2016
- The total number of properties sold in 2016 was 1,982
- The average sales price was £525 K, whereas the median was £373 K
- New Property sales were 7.59% by value, whereas Not New Property contributed 92.41%
- Stamp duty changes caused monthly spike in March
- Brexit coupled with Stamp Duty changes did not have negative impact, there was robust growth of 12.8%
Sevenoaks is one of the districts of Kent.
Total Sales By Property Type
Sevenoaks had total property sales of £1.04 billions which was 11.15% of the total Kent Property Market 2016
The split £1.04 billions across the different property types are:
- Detached £398 millions (38.32%)
- Semi-Detached £207 millions (19.95%)
- Terraced £198 millions (19.05%)
- Other £140 millions (13.48%)
- Flat/Maisonette £96 millions (9.19%)
Sevenoaks Property Market at Postcode Level
Postcode |
Coverage Area |
School |
Local Authority Area |
BR6 |
Orpington,Locksbottom,Farnborough,Green Street Gre en,Chelsfield,Downe,Pratts Bottom,Well Hill |
Details |
Bromley, Sevenoaks |
BR8 |
Swanley,Hextable,Crockenhill,Swanley Village |
Details |
Sevenoaks, Bromley,Dartford |
DA2 |
Dartford(east),Stone,Wilmington,Bean,Hawley,Darent h, part ofJoydens Wood |
Details |
Dartford, Sevenoaks |
DA3 |
Longfield,Hartley,New Ash Green,New Barn,Fawkham |
Details |
Dartford,Gravesham, Sevenoaks |
DA4 |
Farningham,Eynsford,South Darenth,Sutton-at-Hone,H orton Kirby |
Details |
Dartford, Sevenoaks |
DA13 |
Meopham,Istead Rise,Vigo,Southfleet |
Details |
Dartford, Gravesham, Sevenoaks,Tonbridge and Malling |
TN8 |
Crockham Hill,Edenbridge |
Details |
Sevenoaks,Tandridge |
TN11 |
Penshurst,Hildenborough,Hadlow |
Details |
Sevenoaks, Tonbridge and Malling, Tunbridge Wells |
TN13 |
Riverhead,Dunton Green |
Details |
Sevenoaks |
TN14 |
Cudham,Otford |
Details |
Bromley, Sevenoaks |
TN15 |
Kemsing,Ightham,Plaxtol,Wrotham,Sevenoaks Weald |
Details |
Sevenoaks, Tonbridge and Malling |
TN16 |
Westerham,Biggin Hill,Tatsfield |
Details |
Sevenoaks, Bromley, Tandridge |
Month-wise Break-up of Total Sales
Some of the insights based on the £1.04 billions month-wise break-down :
Stamp Duty Hike Impact
- March had property sale spike of £124 millions compared to £73 millions in Feb
- 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
- Brexit took place on 23rd June 2016.
- Year on Year growth has been 12.8% in 2016 over 2015
- Brexit coupled with Stamp Duty Hike did not have negative impact on Sevenoaks Property Market in 2016
Total No Of Properties Sold By Property Type
Sevenoaks had total property sales of 1,982. The split across different property types are:
- Terraced 569 (28.71%)
- Semi-Detached 505 (25.48%)
- Detached 486 (24.52%)
- Flat/Maisonette 337 (17%)
- Other 85 (4.29%)
Average & Median Sales Price
The average sales price in Sevenoaks was £525 K and for different property types it was:
- Detached £820 K
- Semi-Detached £411 K
- Terraced £348 K
- Flat/Maisonette £283 K
- Other it is £1.65 millions
Similarly median sales price in Sevenoaks was £373 K and for different property types are:
- Detached £700 K
- Semi-Detached £375 K
- Terraced £310 K
- Flat/Maisonette £243 K
- Other it is £335 K
New Vs Not New Property Statistics
By Sales Value the split is as follows:
- New Property contributed £79 millions (7.59%)
- Not New Property contributed £961 millions (92.41%)
By Total Number the split is as follows:
- New properties sold were 186 (9.38%)
- Not new property sold were 1,796 (90.62%)
All Kent Posts
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