For 2016 details - Newham Property Market 2016 

Story Highlights

• Newham had total Property Sales of £1.2 billions in 2015.
• The total number of properties sold in year 2015 was 3434.
• The Average property price was £348 K while Median was £305 K.
• Not New Property Contributed 84.89% by value and New Property 15.11%

Total Sales By Property Type

Newham is one of the Boroughs of East London. It had total Property Sales of £1.2 billions which was 7.3% of East London Property Market 2015.

The split across the different property types are:

• Terraced £483 millions (40.46%)
• Semi-Detached £26 millions (2.17%)
• Other £149 millions (12.48%)
• Flat/Maisonette £529 millions (44.3%)
• Detached £7 millions (0.59%).

Total No Of Properties Sold By Property Type

In Newham the total number of properties sold in year 2015 was 3434. The breakdown by different property types are:

• Terraced 1416 (41.23%)
• Semi-Detached 67 (1.95%)
• Other 57 (1.66%)
• Flat/Maisonette 1878 (54.69%)
• Detached 16 (0.47%).

Average & Median Sales Price

In 2015 the Average property price was £348 K in Newham. The average price for the different property types are:

• Detached £439 K
• Flat/Maisonette £282 K
• Other £2.6 millions
• Semi-Detached £387 K
• Terraced £341 K.

The Median Price was £305 K. The median property price for the different property types are:

• Detached £387 K
• Flat/Maisonette £260 K
• Other £650 K
• Semi-Detached £375 K
• Terraced £325 K.

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property contributed £1.01 billion (84.89%)
• New Property 180 millions (15.11%) giving combined total of £1.2 billions.

  By Number Of Sales

• The number of Not New Property sold was 2965 (86.34%)
• The number of New Properties sold was 469 (13.66%) giving combined total of 3434.

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