Story Highlights
- Gosport had total property sales of £312 millions in 2016
- The total number of properties sold in 2016 was 1,528 properties
- The average sales price in Gosport was £204 K
- New Property sales were 2.32% by value, where as Not New 97.68%
- Stamp duty hike caused monthly spike in March
- Brexit coupled with Stamp Duty Hike have not had significant negative impact on Gosport Property Market in 2016, there was growth of 1.3% over 2015
Gosport is one of the districts of Hampshire
Total Sales By Property Type
Gosport had total property sales of £312 millions, which was 3.44% of the total Hampshire property Market in 2016
The split across the different property types are:
- Terraced £108 millions (34.7%)
- Semi-Detached £71 millions (22.7%)
- Flat/Maisonette £59 millions (18.89%)
- Detached £58 millions (18.73%)
- Other £16 millions (4.99%)
Gosport Property Market at Postcode Level
Postcode |
Coverage Area |
School |
Local Authority Area |
PO12 |
Gosport,Alverstoke,Hardway |
Details |
Gosport |
PO13 |
Gosport |
Details |
Gosport |
PO13 |
Lee-on-the-Solent |
Details |
Gosport |
Month-wise Break-up of Total Sales
Some of the insights based on the £312 millions month-wise break-down :
Stamp Duty Hike Impact
- March had property sale spike of £41 millions compared to £23 millions in Feb
- 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
- Brexit took place on 23rd June 2016.
- Year on Year growth has been 1.3%
- So Brexit and Stamp Duty changes have not had negative impact on Gosport Property Market in 2016
Total No Of Properties Sold By Property Type
The total property sales of £312 millions, in 2016 was spread over 1,528 properties.
- Terraced 600 (39.27%)
- Flat/Maisonette 415 (27.16%)
- Semi-Detached 308 (20.16%)
- Detached 165 (10.8%)
- Others 40 (2.62%)
Average & Median Sales Price
The average sales price in Gosport was £204 K and for the different property types it was:
- Detached £354 K
- Semi-Detached £230 K
- Terraced £181 K
- Flat/Maisonette £142 K
- Other £390 K
Similarly median sales price in Gosport was £178 K and for the different property types it was:
- Detached £335 K
- Semi-Detached £217 K
- Terraced £172 K
- Flat/Maisonette £125 K
- Other £145 K
New Vs Not New Property Statistics
By Sales Values the split is as follows:
- New Property contributed £7 millions (2.32%)
- Not New Property contributed £305 millions (97.68%)
By Total Number the split is as follows:
- New properties sold were 33 (2.16%)
- Not new property sold were 1,495 (97.84%)
All Hampshire Posts
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