For 2016 details - Greenwich Property Market 2016 

Story Highlights

• Greenwich had total Property Sales of £1.93 billions in 2015.
• The total number of properties sold in year 2015 was 4467.
• The Average property price was £432 K in Greenwich while Median was £345 K.

• Not New Property Contributed £1.52 billion (78.83%) and New Property 408 millions (21.17%) giving combined total of £1.93 billions.

•  The number of Not New Property sold was 3525 (78.91%), whereas the number of New Property sold was 942 (21.09%) giving combined total of 4467

Total Sales By Property Type

Greenwich is one of the Boroughs of East London. It had total Property Sales of £1.93 billions which was 11.79 % of East London Property Market 2015 Property Market 2015.

The split across the different property types are:

• Terraced £528 millions (27.37%)
• Semi-Detached £230 millions (11.9%)
• Other £200 millions (10.35%)
• Flat/Maisonette £903 millions (46.84%)
• Detached £68 millions (3.53%).

Total No Of Properties Sold By Property Type

 In Greenwich the total number of properties sold in year 2015 was 4467. The breakdown by different property types are:

• Terraced 1264 (28.3%)
• Semi-Detached 472 (10.57%)
• Other 71 (1.59%)
• Flat/Maisonette 2587 (57.91%)
• Detached 73 (1.63%).

Average & Median Sales Price

In 2015 the Average property price was £432 K in Greenwich. The average price for the different property types are:

• Detached £932 K
• Flat/Maisonette £349 K
• Other £2.81 millions
• Semi-Detached £487 K
• Terraced £418 K.

The Median Price was £345 K. The median property price for the different property types are:

• Detached £715 K
• Flat/Maisonette £330 K
• Other £820 K
• Semi-Detached £415 K
• Terraced £335 K.

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property Contributed £1.52 billion (78.83%)
• New Property 408 millions (21.17%) giving combined total of £1.93 billions.

 By Number Of Sales

• The number of Not New Property sold was 3525 (78.91%)
• The number of New Properties sold was 942 (21.09%) giving combined total of 4467.

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