For 2016 details - Kensington And Chelsea Property Market 2016
Story Highlights
- Kensington And Chelsea had total Property Sales of £5.9 billions in 2015.
- The total number of properties sold in year 2015 was 2682.
- The Average property price was £2.18 millions, while Median was £1.2 millions.
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Not New Property contributed £5.06 billion (86.43%) and New Property 795 millions (13.57%) giving combined total of £5.9 billions.
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The number of Not New Property sold was 2384 (88.89%), whereas the number of New Property sold was 298 (11.11%) giving combined total of 2682.
Total Sales By Property Type
Kensington And Chelsea is one of the Boroughs of Central London. It had total Property Sales of £5.9 billions which was 20.94% of Central London Property Market 2015.
The split across the different property types are:
- Terraced £1568 millions (26.77%)
- Semi-Detached £214 millions (3.66%)
- Other £738 millions (12.6%)
- Flat/Maisonette £3.234 billions (55.2%)
- Detached £103 millions (1.76%)
Total No Of Properties Sold By Property Type
In Kensignton and Chelsea the total number of properties sold in year 2015 was 2682. The breakdown by different property types are:
- Terraced 400 (14.91%)
- Semi-Detached 24 (0.89%)
- Other 106 (3.95%)
- Flat/Maisonette 2141 (79.83%)
- Detached 11 (0.41%)
Average & Median Sales Price
In 2015 the Average property price was £2.18 millions in Kensington and Chlesea. The average property price for the different property types are:
- Detached £9.4 millions
- Flat/Maisonette £1.51 millions
- Other £6.97 millions
- Semi-Detached £8.9 millions
- Terraced £3.9 millions
The Median Price was £1.2 millions. The median property price for the different property types are:
- Detached £7.00 millions
- Flat/Maisonette £983 K
- Other £1.91 millions
- Semi-Detached £7.30 millions
- Terraced £3.2 millions
New Vs Not New Property Statistics
By Value Of Sales
- Not New Property contributed £5.06 billion (86.43%)
- New Property 795 millions (13.57%) giving combined total of £5.9 billions.
By Number Of Sales
- The number of Not New Property sold was 2384 (88.89%)
- The number of New Properties sold was 298 (11.11%) giving combined total of 2682.
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