For 2016 details - West London Property Market 2016

Story Highlights

• West London in 2015 had total property sales of £15 billions
• Hammersmith And Fulham was the leader contributing £3.13 billions (20.23%)
• The total number of properties sold in West London 2015 was 24,888
• The average sales price in West London was £622 K and the median sales price was £425 K
• The average sales price in West London was maximum for the borough of Hammersmith And Fulham £1.12 millions and minimum for Hillingdon at £453 K.
• The median sales price in West London was maximum for the borough of Hammersmith And Fulham £730 K and minimum for Hillingdon at £350 K.
• The sales value contributed by New Property was £1.7 billions (10.2%) where as Not New Property contribute £13.78 billions (89.8 %)

West London boroughs are Brent, Ealing, Hammersmith & Fulham, Harrow, Hillingdon, Hounslow and Richmond upon Thames.

Total Sales By Property Type

West London in 2015 had total property sales of £15 billions. It was 18.98% of the London Property Market 2015.

The split across the different property types are:

• Detached at £1.32 billions (8.5%)
• Semi-Detached at £2.57 billions (16.6%)
• Terraced at £4.264 billions (27.55 %)
• Other at £2.02 billions (13.04%)
• Flat/Maisonette at £5.3 billions (34.31%).

Total Sales By Borough

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

• Hammersmith And Fulham £3.13 billions (20.23%)
• Richmond Upon Thames £2.76 billions (17.85%)
• Ealing £2.35 billions (15.2 %)
• Brent £1.93 billions (12.47%)
• Hillingdon £1.9  billions (12.06%)
• Hounslow £1.9 billions (11.96%)
• Harrow £1.585 billions (10.24%). 

Total Number Of Sales By Property Types

 The total number of properties sold in West London 2015 was 24,888.

• Detached 1,309 (5.26%)
• Semi-Detached 4,147 (16.66%)
• Terraced 6,290 (25.27%)
• Flat/Maisonette 12,515 (50.29%)
• Other 627(2.52%)

Average & Median Sales Price 

The average sales price in West London was £622 K. For the different property types it was:

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

Similarly the median sales price in West London was £425 K. For the different property types it was:

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

Average & Median Sales Price By Borough

The average sales prices in West London at Borough level is as above.

• The maximum average sales price is for Hammersmith And Fulham £1.12 millions
• Richmond Upon Thames £804 K
• Ealing £584 K
• Brent £548 K
• Hounslow £514 K
• Harrow £471 K
• with minimum for Hillingdon at £453 K.

 The average median prices in West London at Borough level is as above.

• The maximum median sales price was for Hammersmith And Fulham £730 K
• Richmond Upon Thames £573 K
• Ealing £430 K
• Brent £405 K
• Harrow £394 K
• Hounslow £355 K
• with minimum for Hillingdon at £350 K.

New Vs Not New Property Statistics

By Value Of Sales

• The sales value contributed by New Property was £1.7 billions (10.2%)
• where as Not New Property contribute £13.78 billions (89.8 %).

By Number Of Sales

• New properties sold were 3,328  (9.35%)
• where as not new property sold were 21,560 (90.65%).

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