Southampton Property Market 2015

Story Highlights

  • Southampton had total property sales of £984 millions in 2015
  • The total number of properties sold in 2015 was 4398.
  • The average sales price in Southampton was £223.78 K whereas median was £181 K
  • New Property sales were 9.34% by value where as Not New Property contributed 90.66 %

 

Southampton has unitary authority status in South East England

 

Total Sales By Property Type

Southampton - Total Sales By Property Type

Southampton had total property sales of £984 millions which was 1.61% of the South East property market in 2015. The split across the different property types are Terraced £200 millions (20.28%), Semi-Detached £211 millions (21.46%), Other £124 millions (12.61%), Flat/Masionette £274 millions (27.8%), Detached £176 millions (17.84%).

 

 

Total No Of Properties Sold By Property Type

Southampton - Total No Of Properties Sold By Property Type

The total property sales of £984 millions in 2015 was spread over 4398 properties. Terraced properties was 1,033 (23.49%) , Detached 590 (13.42%), Semi-Detached 962 (21.87%),   Flat/Maisonette 1,722 (39.15%), Others 91 (2.07%).

 

 

Average & Median Sales Price

Southampton - Average & Median Sales Price

The average sales price in Southampton was £223.78 K and for the different property types it was Detached £298 K, Semi-Detached £208 K, Terraced £180 K, Flat/Maisonette £140 K & for Other it is £1.36 million.

Similarly median sales price in Southampton was £181 K and for the different property types it was Detached £270 K, Semi-Detached £285 K, Terraced £238 K, Flat/Maisonette £180 K & for other it is £350 k.

 

 

New Vs Not New Property Statistics

Southampton - New Vs Not New Property Statistics

The sales value contributed by New Property was £92 millions (9.34%) where as Not New Property contribute £892 millions (90.66 %).

New properties sold were 395  (8.98%) where as not new property sold were 4,003(91.02%).

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