For 2016 details - City of London Property Market 2016 

Story Highlights

• City of London had total Property Sales of  £1.3 billions in 2015.
• The total number of properties sold in year 2015 was 385.
• The Average property price was £3.44 millions in City of London while Median was £800 K.
• Not New Property Contributed £1.21 billion (91.37%) and New Property 114 millions (8.63%) giving combined total of  £3.88 billions.
•  The number of Not New Property sold was 291 (75.58%), whereas the number of New Property sold was 94 (24.42%) giving combined total of 385.

Total Sales By Property Type

City of London is one of the Boroughs of Central London. It had total Property Sales of  £1.3 billions which was 4.73% of Central London Property Market 2015.

The split across the different property types are:

• Terraced £4.43 millions (0.33%)
• Semi-Detached £12.7 millions (0.96%)
• Other £1 billions (76.73%)
• Flat/Maisonette £291 millions (21.98%)

Total No Of Properties Sold By Property Type

In City of London the total number of properties sold in year 2015 was 385. The breakdown by different property types are:

• Terraced 4 (1.04%)
• Semi-Detached 2 (0.52%)
• Other 70 (18.18%)
• Flat/Maisonette 309 (80.26%)

Average & Median Sales Price

In 2015 the Average property price was £3.44 millions in City of London. The average price for the different property types:

• Flat/Maisonette £942 K
• Other £14.52 millions
• Semi-Detached £6.35 millions
• Terraced £1.1 millions

The Median Price was £800 K. The median property price for the different property types are:

• Flat/Maisonette £795 K
• Other £2.411 millions
• Semi-Detached £6.35 millions
• Terraced £1.03 millions

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property contributed £1.21 billion (91.37%)
• New Property 114 millions (8.63%) giving combined total of  £3.88 billions.

By Number Of Sales

• The number of Not New Property sold was 291 (75.58%)
• The number of New Property sold was 94 (24.42%) giving combined total of 385.

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