For 2016 details - South London Property Market 2016

Story Highlights

• South London in 2015 had total property sales of £15 billions
• Wandsworth was the leader contributing £4.6 billions (30.94%)
• The total number of property sold in South London 2015 was 28,761
• The average sales price in South London was £512 K and the median sales price was £385 K
• The average sales prices  was maximum in the Borough of Wandsworth £703 K 
• The sales value for New Property was 9.66% where for Not New Property was 90.34 %

South London is the southern part of London. South London boroughs in Greater London are Bromley, Croydon, Kingston upon Thames, Merton, Sutton and Wandsworth.

Total Sales By Property Type

South London in 2015 had total property sales of £15 billions. It was 18.07% of the London Property Market 2015.

The split across the different property types are:

• Detached: £1.14 billions (14.01%)
• Semi-Detached: £2.063 billions (16.73%)
• Terraced: £3.88 billions (26.36%)
• Other: £1.14 billions (7.73%)
• Flat/Maisonette: £5.18 billions (35.17%)

Total Sales By Borough

 The total sales of £15 billions in 2015 was split across its borough as above.

• Wandsworth: £4.6 billions (30.94%)
• Bromley: £2.92 billions (19.83%)
• Croydon: £2.44 billions (16.54%)
• Merton: £1.92 billions (13.05%)
• Kingston Upon Thames: £1.6 billions (10.58%)
• Sutton: £1.34 billions (9.07%). 

Total Number Of Sales By Property Types

 The total number of properties sold in South London 2015 was 28,761. It is split as:

• Detached: 2,433 (8.46%)
• Semi-Detached: 4,517 (15.71%)
• Terraced: 7,505 (26.09%)
• Flat/Maisonette: 13,820 (48.05%)
• Other: 486 (1.69%)

Average & Median Sales Price 

The average sales price in South London was £512 K. For the different property types it was:

• Detached: £848 K
• Semi-Detached: £546 K
• Terraced: £517 K
• Flat/Maisonette: £375 K
• Other it is £2.34 millions.

Similarly the median sales price in South London was £385 K. For the different property types it was:

• Detached: £668 K
• Semi-Detached: £460 K
• Terraced: £395 K
• Flat/Maisonette: £310 K
• Other it is £650 K.

Average & Median Sales Price By Borough

 In South London the Average Sales Price is as above.

• The highest average sales prices was in Wandsworth: £703 k
• Merton: £592 K
• Kingston Upon Thames: £569 K
• Bromley: £459 K
• Sutton: £382 K
• Minimum for Croydon £379 K.

 In South London the Median Sales Price is as above.

• The highest median sales was in Wandsworth: £556 K
• Merton: £410 K
• Kingston Upon Thames: £409 K
• Bromley: £373 K
• Sutton: £318 K
• Minimum for Croydon £300 K.

New Vs Not New Property Statistics

By Value Of Sales

• The sales value contributed by New Property was £1.423 billions (9.66%)
• Not New Property contributed £13.31 billions (90.34 %).

By Number Of Sales

• New properties sold were 2,688  (9.35%)
• Not new property sold were 26,073 (90.65%).

 All London Posts