For 2016 details - Havering Property Market 2016
Story Highlights
- Havering had total Property Sales of £1.44 billions in 2015
- The total number of properties sold in year 2015 was 4464
- The Average property price was £323 K in Havering while Median was was £285 K
- Not New Property Contributed 88.48% and New Property 11.52%
Total Sales By Property Type
Havering is one of the Boroughs of East London. It had total Property Sales of £1.44 billions which was 8.82% of East London Property Market 2015.
The split across the different property types are:
- Terraced £386 millions (26.74%)
- Semi-Detached £506 millions (35.06%)
- Other £51 millions (3.53%)
- Flat/Maisonette £250 millions (17.34%)
- Detached £250 millions (17.33%).
Total No Of Properties Sold By Property Type
In Havering the total number of properties sold in year 2015 was 4464. The breakdown by different property types are:
- Terraced 1319 (29.55%)
- Semi-Detached 1419 (31.79%)
- Other 53 (1.19%)
- Flat/Maisonette 1232 (27.6%)
- Detached 441 (9.88%).
Average & Median Sales Price
In 2015 the Average property price was £323 K in Havering. The average price for the different property types are:
- Detached £567 K
- Flat/Maisonette £203 K
- Other £960 K
- Semi-Detached £357 K
- Terraced £293 K.
The Median Price was £285 K. The median property price for the different property types are:
- Detached £500 K
- Flat/Maisonette £198 K
- Other £540 K
- Semi-Detached £336 K
- Terraced £283 K.
New Vs Not New Property Statistics
By Value Of Sales
- Not New Property contributed £1.28 billion (88.48%)
- New Property 166 millions (11.52%) giving combined total of £1.44 billions .
By Number Of Sales
- The number of Not New Property sold was 3870 (86.69%)
- The number of New Properties sold was 594 (13.31%) giving combined total of 4464.
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