Story Highlights

• East Hampshire had total property sales of £868 millions in 2016
• The total number of properties sold in 2016 was 2,155 properties
• The average sales price in East Hampshire was £403 K
• New Property sales were 8.52% by value, where as Not New 91.48%
• Stamp duty hike caused monthly spike in March
• Brexit coupled with Stamp Duty changes have had negative impact on East Hampshire Property Market in 2016, there was decline of 7.4% compared to 2015

East Hampshire is one of the districts in Hampshire

Total Sales By Property Type

East Hampshire had total property sales of £868 millions, which was 9.58% of the total Hampshire property Market in 2016

The split across the different property types are:

• Detached £477 millions (54.92%)
• Semi-Detached £144 millions (16.63%)
• Terraced £142 millions (16.38%)
• Flat/Maisonette £56 millions (6.44%)
• Other £49 millions (5.63%)

East Hampshire Property Market at Postcode Level

Month-wise Break-up of Total Sales

Some of the insights based on the £868 millions month-wise break-down :

Stamp Duty Hike Impact

• March had property sale spike of £104 millions compared to £64 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 decline has been 7.4% compared to 2015
• So Brexit and Stamp Duty changes have had negative impact on East Hampshire Property Market in 2016

Total No Of Properties Sold By Property Type

The total property sales of £868 millions in 2016 was spread over 2,155 properties.

• Detached 863 (40.05%)
• Terraced 479 (22.23%)
• Semi-Detached 413 (19.16%)
• Flat/Maisonette 293 (13.6%)
• Others 107 (4.97%)

Average & Median Sales Price

 The average sales price in East Hampshire was £403 K and for the different property types it was:

• Detached £553 K
• Semi-Detached £350 K
• Terraced £297 K
• Flat/Maisonette £191 K
• Other £457 K

Similarly median sales price in East Hampshire was £335 K and for the different property types it was:

• Detached £500 K
• Semi-Detached £325 K
• Terraced £275 K
• Flat/Maisonette £182 K
• Other £130 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Property contributed £74 millions (8.52%)
• Not New Property contributed £794 millions (91.48%)

By Total Number the split is as follows:

• New properties sold were 203 (9.42%)
• Not new property sold were 1,952 (90.58%)

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