For 2016 details - Havering Property Market 2016 

Story Highlights

• Havering had total Property Sales of £1.44 billions in 2015
• The total number of properties sold in year 2015 was 4464
• The Average property price was £323 K in Havering while Median was was £285 K
• Not New Property Contributed 88.48% and New Property 11.52%

Total Sales By Property Type

Havering is one of the Boroughs of East London. It had total Property Sales of £1.44 billions which was 8.82% of East London Property Market 2015.

The split across the different property types are:

• Terraced £386 millions (26.74%)
• Semi-Detached £506 millions (35.06%)
• Other £51 millions (3.53%)
• Flat/Maisonette £250 millions (17.34%)
• Detached £250 millions (17.33%).

Total No Of Properties Sold By Property Type

In Havering the total number of properties sold in year 2015 was 4464. The breakdown by different property types are:

• Terraced 1319 (29.55%)
• Semi-Detached 1419 (31.79%)
• Other 53 (1.19%)
• Flat/Maisonette 1232 (27.6%)
• Detached 441 (9.88%).

Average & Median Sales Price

In 2015 the Average property price was £323 K in Havering. The average price for the different property types are:

• Detached £567 K
• Flat/Maisonette £203 K
• Other £960 K
• Semi-Detached £357 K
• Terraced £293 K.

The Median Price was £285 K. The median property price for the different property types are:

• Detached £500 K
• Flat/Maisonette £198 K
• Other £540 K
• Semi-Detached £336 K
• Terraced £283 K.

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property contributed £1.28 billion (88.48%)
• New Property 166 millions (11.52%) giving combined total of £1.44 billions .

 By Number Of Sales

• The number of Not New Property sold was 3870 (86.69%)
• The number of New Properties sold was 594 (13.31%) giving combined total of 4464.

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