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