For 2016 details - Brent Property Market 2016
Story Highlights
- Brent had total Property Sales of £1.93 billions in 2015.
- The total number of properties sold in year 2015 was 3253.
- The Average property price was £548 K in Brent while Median was £405 K.
- Not New Property Contributed £1.66 billion (86.05%) and New Property 269 millions (13.95%) giving combined total of £1.93 billions.
- The number of Not New Property sold was 2807 (79.68%), whereas the number of New Property sold was 716 (20.32%) giving combined total of 3523.
Total Sales By Property Type
Brent is one of the Boroughs of West London. It had total Property Sales of £1.93 billions which was 12.47% of West London Property Market 2015.
The split across the different property types are:
- Terraced: £456 millions (23.62%)
- Semi-Detached: £296 millions (15.32%)
- Other: £233 millions (12.05%)
- Flat/Maisonette: £825 millions (42.76%)
- Detached: £121 millions (6.25%).
Total No Of Properties Sold By Property Type
In Brent the total number of properties sold in year 2015 was 3523.
The breakdown by different property types are:
- Terraced: 643 (18.25%)
- Semi-Detached: 477 (13.54%)
- Other: 88 (2.5%)
- Flat/Maisonette: 2196 (62.33%)
- Detached: 119 (3.38%).
Average & Median Sales Price
In 2015 the Average property price was £548 K in Brent. The average property price for the different property types are:
- Detached: £1.01 millions
- Flat/Maisonette: £376 K
- Other: £2.64 millions
- Semi-Detached: £620 K
- Terraced: £709 K.
The Median property price was £405 K. The median property price for the different property types are:
- Detached: £800 K
- Flat/Maisonette: £355 K
- Other: £829 K
- Semi-Detached: £525 K
- Terraced: £510 K.
New Vs Not New Property Statistics
By Value Of Sales
- Not New Property Contributed £1.66 billion (86.05%)
- New Property 269 millions (13.95%) giving combined total of £1.93 billions.
By Number Of Sales
- The number of Not New Property sold was 2807 (79.68%)
- whereas the number of New Property sold was 716 (20.32%) giving combined total of 3523.
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