North West Property Market 2015

 

 For 2016 details - North West Property Market 2016 

Story Highlights

  • North West England had total property sales of £22 billions in 2015
  • Across its counties the maximum sale was in Greater Manchester at £8.1 billions
  • The total number of properties  sold in 2015 was 117,853
  • The average sales price in North West England was £184 K and the median was £140 K
  • The average sales price at county level was maximum in Cheshire East at £253 K 
  • New Property contribution by value was 13.05% where as Not New was 89.97%

 

North West England is one of the 9 principal areas of England. It consists of Cheshire East, Cheshire West and Chester, Halton, Warrington, Cumbria, Great Manchester, Lancashire, Blackpool, Blackburn with DarwenMerseyside.

 

 

Total Value of Sales By Property Types

North West - Total Value of Sales By Property Types

North West England had total property sales of £22 billions. It is 7.34% of England and Wales Property Market.

The split across the different property types are:

  • Detached at £6.8 billions (31.17%)
  • Semi-Detached at £6.17 billions (28.47%) 
  • Terraced at £4.56 billions (21.07%)
  • Flat/Maisonette at £1.91 billions (8.81%) 
  • Other at 2.27 billions (10.47%)

 

 

Total Sales By County 

North West - Total Sales By County

The total sales of £22 Billions in 2015 was split across its counties as above.

 

 

Total Number of Sales By Property Types

North West - Total Number of Sales By Property Types

The total property sales of £22 billions in 2015 was spread over 117,853 properties.

  • Terraced properties was at 39,376 (33.41%)
  • Detached at 23,346 (19.81%),
  • Semi-Detached at 37,545 ( 31.86%)
  • Flat/Maisonette at 15,309 (12.99%)
  • Others at 2,277 (1.93%)

 

 

Average & Median Sales Price 

North West - Average & Median Sales Price

The average sales price in North West England was £184 K.

For the different property types it was

  • Detached at £289 K
  • Semi-Detached at £164 K
  • Terraced at £116 K
  • Flat/Maisonette at £125 K
  • Other it is at £996 K

Similarly median sales price in North West was £140 K.

For different property types it was

  • Detached at £245 K
  • Semi-Detached at £146 K
  • Terraced at £100 K
  • Flat/Maisonette at £111 K
  • Other it is at £245 K

 

 

Average & Median Sales Price By County

North West - Average Sales Price By County

The average sales price in 2015 at county level in North West is as above.  

 

North West - Median Sales Price By County

The median sales price in 2015 at county level in North West is as above.  

 

 

 

New Vs Not New Property Statistics

North West - New Vs Not New Property Statistics

By Total Values Of Sales

  • Sales value contributed by New Property was £19.5 billions (13.05%)
  •  Not New Property contributed £2.2 billions (89.97 %)

 

By Total Number Of Sales

  • New properties sold were 11,113  (9.43%)
  • Not new property sold were 106,740 (90.57%)

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