For 2016 details - Southwark Property Market 2016
Story Highlights
- Southwark had total Property Sales of £2.9 billions in 2015.
- The total number of properties sold in year 2015 was 4600.
- The Average property price was £637 K while Median was £470 K.
-
Not New Property contributed £2.42 billions (82.55%) and New Property 511 millions (17.45%) giving combined total of £2.9 billions.
-
The number of Not New Property sold was 3779 (82.15%), whereas the number of New Property sold was 821 (17.85%) giving combined total of 4600.
Total Sales By Property Type
Southwark is one of the Boroughs of Central London. It had total Property Sales of £2.9 billions which was 10.47% of Central London Property Market 2015.
The split across the different property types are:
- Terraced £547 millions (18.68%)
- Semi-Detached £176 millions (6.02%)
- Other £383 millions (13.08%)
- Flat/Maisonette £1.75 billions (59.76%)
- Detached £72 millions (2.47%)
Total No Of Properties Sold By Property Type
In Southwark the total number of properties sold in year 2015 was 4600. The breakdown by different property types are:
- Terraced 760 (16.52%)
- Semi-Detached 171 (3.72%)
- Other 110 (2.39%)
- Flat/Maisonette 3517 (76.46%)
- Detached 42 (0.91%)
Average & Median Sales Price
In 2015 the Average property price was £637 K in Southwark. The average price for the different property types are:
- Detached £1.72 millions
- Flat/Maisonette £498 K
- Other £3.5 millions
- Semi-Detached £1.03 million
- Terraced £720 K
The Median Price was £470 K. The median property price for the different property types are:
- Detached £1.5 millions
- Flat/Maisonette £418 K
- Other £962 K
- Semi-Detached £885 K
- Terraced £680 K
New Vs Not New Property Statistics
By Value Of Sales
- Not New Property contributed £2.42 billions (82.55%)
- New Property 511 millions (17.45%) giving combined total of £2.9 billions.
By Number Of Sales
- The number of Not New Property sold was 3779 (82.15%)
- The number of New Properties sold was 821 (17.85%) giving combined total of 4600.
All London Posts
01b86b10-4a32-413d-bfc3-4e7825acfd38|0|.0|27604f05-86ad-47ef-9e05-950bb762570c