For 2016 details - Brent Property Market 2016

Story Highlights

• Brent had total Property Sales of  £1.93 billions in 2015.
• The total number of properties sold in year 2015 was 3253.
• The Average property price was £548 K in Brent while Median was £405 K.
• Not New Property Contributed £1.66 billion (86.05%) and New Property 269 millions (13.95%) giving combined total of £1.93 billions.
• The number of Not New Property sold was 2807 (79.68%), whereas the number of New Property sold was 716 (20.32%) giving combined total of 3523.

Total Sales By Property Type

Brent is one of the Boroughs of West London. It had total Property Sales of £1.93 billions which was 12.47% of West London Property Market 2015.

The split across the different property types are:

• Terraced: £456 millions (23.62%)
• Semi-Detached: £296 millions (15.32%)
• Other: £233 millions (12.05%)
• Flat/Maisonette: £825 millions (42.76%)
• Detached: £121 millions (6.25%).

Total No Of Properties Sold By Property Type

 In Brent the total number of properties sold in year 2015 was 3523.

The breakdown by different property types are:

• Terraced: 643 (18.25%)
• Semi-Detached: 477 (13.54%)
• Other: 88 (2.5%)
• Flat/Maisonette: 2196 (62.33%)
• Detached: 119 (3.38%).

Average & Median Sales Price

In 2015 the Average property price was £548 K in Brent. The average property price for the different property types are:

• Detached: £1.01 millions
• Flat/Maisonette: £376 K
• Other: £2.64 millions
• Semi-Detached: £620 K
• Terraced: £709 K.

The Median property price was £405 K. The median property price for the different property types are:

• Detached: £800 K
• Flat/Maisonette: £355 K
• Other: £829 K
• Semi-Detached: £525 K
• Terraced: £510 K.

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property Contributed £1.66 billion (86.05%)
• New Property 269 millions (13.95%) giving combined total of £1.93 billions.

 By Number Of Sales

• The number of Not New Property sold was 2807 (79.68%)
• whereas the number of New Property sold was 716 (20.32%) giving combined total of 3523.

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