Story Highlights
- Havant had total property sales of £651 millions in 2016
- The total number of properties sold in 2016 was 2,275 properties
- The average sales price in Havant was £286 K
- New Property sales were 16.03% by value, where as Not New 83.97%
- Stamp duty hike caused monthly spike in March
- Brexit coupled with Stamp Duty Hike have not had negative impact on Havant Property Market in 2016, there was growth of 9.96% over 2015
Havant is one of the districts in Hampshire
Total Sales By Property Type
Havant had total property sales of £651 millions, which was 7.18% of the total Hampshire property Market in 2016
The split across the different property types are:
- Detached £273 millions (41.95%)
- Semi-Detached £146 millions (22.4%)
- Terraced £132 millions (20.22%)
- Flat/Maisonette £51 millions (7.89%)
- Other £49 millions (7.54%)
Havant Property Market at Postcode Level
Postcode |
Coverage Area |
School |
Local Authority Area |
PO7 |
Waterlooville,Denmead,Purbrook |
Details |
Havant, Winchester |
PO8 |
Clanfield,Cowplain,Horndean |
Details |
Havant, East Hampshire |
PO9 |
Havant |
Details |
Havant |
PO9 |
Rowlands Castle |
Details |
East Hampshire, Havant |
PO10 |
Emsworth,Southbourne,Westbourne |
Details |
Havant |
PO11 |
Hayling Island |
Details |
Havant |
Month-wise Break-up of Total Sales
Some of the insights based on the £651 millions month-wise break-down :
Stamp Duty Hike Impact
- March had property sale spike of £73 millions compared to £54 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 9.96%
- So Brexit and Stamp Duty changes have not had negative impact on Havant Property Market in 2016
Total No Of Properties Sold By Property Type
The total property sales of £651 millions in 2016 was spread over 2,275 properties.
- Detached 697 (30.64%)
- Terraced 615 (27.03%)
- Semi-Detached 563 (24.75%)
- Flat/Maisonette 360 (15.82%)
- Others 40 (1.76%)
Average & Median Sales Price
The average sales price in Havant was £286 K and for the different property types it was:
- Detached £392 K
- Semi-Detached £259 K
- Terraced £214 K
- Flat/Maisonette £143 K
- Other £1.23 million
Similarly median sales price in Havant was £245 K and for the different property types it was:
- Detached £360 K
- Semi-Detached £259 K
- Terraced £195 K
- Flat/Maisonette £135 K
- Other £293 K
New Vs Not New Property Statistics
By Sales Values the split is as follows:
- New Property contributed £104 millions (16.03%)
- Not New Property contributed £546 millions (83.97%)
By Total Number the split is as follows:
- New properties sold were 242 (10.64%)
- Not new property sold were 2,033 (89.36%).
All Hampshire Posts
2dcef431-1028-4629-9a45-68cba1d109a3|0|.0|27604f05-86ad-47ef-9e05-950bb762570c