Vale Of White Horse Property Market in 2016 declines by 7.7%

28. September 2017 09:49 / VInsights Team / South East England / Comments (0)

Story Highlights 

  • Vale Of White Horse had total property sales of £890 millions in 2016
  • The total number of properties sold in 2016 was 2,311
  • The average sales price was £386 K, whereas the median was £325 K
  • New Property sales were 19.98% by value, whereas Not New Property contributed 80.02%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty changes had negative impact.
  • Year on Year the property the property has declined by 7.7% compared to 2015

 

Vale Of White Horse is one of the districts of Oxfordshire.

Total Sales By Property Type

Vale of White Horse - Total Sales By Property Type

Vale of White Horse had total property sales of £890 millions which was 18.93% of the total Oxfordshire Property Market 2016

The split of £890 millions across the different property types are:

  • Detached £423 millions (47.57%)
  • Semi-Detached £204 millions (22.9%)
  • Terraced £133 millions (14.98%)
  • Flat/Maisonette £77 millions (8.7%)
  • Other £52 millions (5.84%)

 

Vale Of White Horse Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
GL7 Ampney Crucis, Ampney Knowle, Ampney St. Mary, Amp ney St. Peter, Bagendon, Barnsley, Baunton,Bibury, Calmsden, Cerney Wick, Coates, Coln St. Aldwyns, Daglingworth, Daneway, Down Ampney, Driffield, Dun tisbourne Abbotts, Duntisbourne Leer, Duntisbourne Rouse, Eastleach, Ewen, Harnhill, Hatherop, Honey combe Leaze, Kemble, Kemble Wick, Love Lane Indust rial Estate, Lower Norcote, Marsden, Meysey Hampto n, Middle Duntisbourne, Norcote, North Cerney, Nor th Cerney Downs, Perrotts Brook, Poole Keynes, Pou lton, Preston, Quenington, Rapsgate, Ready Token, Rendcomb, Rodmarton, Sapperton, Shorncote, Sidding ton, Somerford Keynes, South Cerney, Stratton, Tar lton, Tunley, Upper Up, Whiteway, Winson, Winstone , Woodmancote,Dudgrove, Dunfield, Kempsford, Totte rdown, Whelford,Broadwell, Claydon, Claydon Pike, Downington, Filkins, Fyfield, Kelmscott, Kencot, L angford, Little Faringdon, Little London, Southrop , Thornhill, Warrens Cross Details Cotswold, Stroud,Wiltshire, Vale Of White Horse,West Oxfordshire
OX1 Central and South Oxford,Kennington,Boars Hill,New Hinksey,South Hinksey,Osney Details Oxford, Vale Of White Horse
OX2 North and West Oxford,Botley,North Hinksey,Summert own,Wytham,Jericho,Wolvercote Details Oxford, Vale Of White Horse,Cherwell
OX11 Didcot,Blewbury,Harwell,Chilton,Aston Tirrold,Asto n Upthorpe,South Moreton,Upton Details South Oxfordshire, Vale of White Horse
OX12 Wantage,Grove,Ardington,Charney Bassett,Childrey, Challow (East&West),Denchworth,Farnborough (Be rks),Fawley, Ginge (East & West),Hanney(East&a mp;West), Hendred (East&West),Kingston Lisle,L etcombe Bassett,Letcombe Regis,Lockinge(East&W est),Lyford,Sparsholt Details Vale Of White Horse, South Oxfordshire,West Berkshire
OX13 Southmoor,Sunningwell,Frilford,Cothill,Appleton,Lo ngworth,Steventon,Marcham,Shippon,Bayworth,Garford ,Besselsleigh,Dry Sandford Details Vale Of White Horse
OX14 Abingdon,Appleford-on-Thames,Burcot,Clifton Hampde n,Culham,Drayton,Little Wittenham,Long Wittenham,R adley,Milton,Sutton Courtenay Details Vale Of White Horse, South Oxfordshire
SN6 Highworth,Cricklade,Shrivenham,Watchfield,Ashton K eynes,Ashbury,Bishopstone,Castle Eaton,Hannington, Idstone,Marston Meysey,Leigh Details Swindon, Wiltshire, Vale Of White Horse
SN7 Faringdon,Stanford in the Vale,Uffington,Longcot,F ernham,Buckland,Great Coxwell,Little Coxwell,Littl eworth,Shellingford,Buscot Details Vale Of White Horse 

 

Month-wise Break-up of Total Sales

Vale of White Horse - Month-wise Break-up of Total Sales

Some of the insights based on the £890 millions month-wise break-down :

Stamp Duty Hike Impact

  1. March had property sale spike of £118 millions compared to £64 millions in Feb and then sales sharply drop
  2. 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

  1. Brexit took place on 23rd June 2016.
  2. Year on Year decline has been  7.7% in 2016 compared to 2015
  3. Brexit coupled with Stamp Duty Hike had negative impact on Vale of White Horse Property Market in 2016

 

Total No Of Properties Sold By Property Type

Vale of White Horse - Total No Of Properties Sold By Property Type

Vale of White Horse had total property sales of 2,311.  The split across the different property types are:

  • Detached 808 (34.96%)
  • Semi-Detached 604 (26.14%)
  • Terraced 465 (20.12%)
  • Flat/Maisonette 370 (16.01%)
  • Other 64 (2.77%)

 

Average & Median Sales Price

Vale of White Horse - Average & Median Sales Price The average sales price in Vale of White Horse was £385 K and for different property types it was:

  • Detached £524 K
  • Semi-Detached £337 K
  • Terraced £287 K
  • Flat/Maisonette £209 K
  • Other it is £813 K 

Similarly median sales price in Vale of White Horse was £325 K and for different property types are:

  • Detached £456 K
  • Semi-Detached £320 K
  • Terraced £273 K
  • Flat/Maisonette £202 K
  • Other it is £351 K

 

New Vs Not New Property Statistics

Vale of White Horse - New Vs Not New Property Statistics

 By Sales Value the split is as follows:

  • New Property contributed £178 millions (19.98%)
  • Not New Property contributed £712 millions (80.02%)

By Total Number the split is as follows:

  • New properties sold were 452 (19.56%)
  • Not new property sold were 1,859 (80.44%)

 

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