Staffordshire Property Market 2015

Story Highlights

  • Staffordshire had total property sales of £2.82 billions in 2015.
  • The total number of properties sold in 2015 in Staffordshire was 14,004
  • The total volume of sales at district level was maximum for Stafford at £518 millions
  • The average sales price in Staffordshire  was £201 K, whereas median was £160 K
  • The average sales price at district level was maximum for Lichfield at £273 K 
  • Similarly the median of sales price at district level was maximum for Lichfield at £200 K
  • New Property sales in Staffordshire contributed 8.62% and Not New Property contributed 91.38%

 

Staffordshire is one of the counties of  West Midlands. The districts of Staffordshire are Stafford, Lichfield, East Staffordshire, South Staffordshire, Newcastle-Under-Lyme, Staffordshire Moorlands, Cannock Chase and Tamworth.

 

Total Sales By Districts

Staffordshire - Total Sales By Districts

Staffordshire had total property sales of £2.82 billions, which was 15.15% of the West Midlands Property Market 2015.

The split across its districts is as follow:

  • Stafford at £518 millions (18.4%)
  • Lichfield at £476 millions (16.91%)
  • East Staffordshire at  £408 millions (14.47%)
  • South Staffordshire at £356 millions (12.62%)
  • Newcastle-Under-Lyme at £319 millions (11.32%)
  • Staffordshire Moore at £294 millions (10.43%)
  • Cannock Chase at £257 millions (9.11%)
  • Tamworth at £190 millions (6.74%)

 

Total Sales By Property Type

Staffordshire - Total Sales By Property Type

The split of £2.82 billions across the different property types in Staffordshire are :

  • Detached at £1.35 billions (47.89%)
  • Terraced at £430 millions (15.26%)
  • Semi-Detached at £733 millions (26.01%)   
  • Flat/Maisonette at £97 millions (3.44%) 
  • Other at £208 millions (7.4%)

  

Total No Of Properties Sold By Property Type

Staffordshire - Total No Of Properties Sold By Property Type

The total property sales of £2.82 billions in 2015 was spread over 14,004 properties.

  • Terraced properties at 3272 (23.36%)
  • Detached at 4882 (34.86%)
  • Semi-Detached at 4734 (33.8%)
  • Flat/Maisonette at 859 (6.13%)
  • Others at 257 (1.84%)

 

Average & Median Sales Price

Staffordshire - Average & Median Sales Price

The average sales price in Staffordshire was £201 K. For the different property types it was:

  • Detached at £276 K
  • Semi-Detached at £155 K
  • Terraced at £131 K
  • Flat/Maisonette at £113 K
  • Other at £811 K

Similarly median sales price in Staffordshire was £160 K. For the different property types it was:

  • Detached at £243 K
  • Semi-Detached at £145 K
  • Terraced at £120 K
  • Flat/Maisonette at £98 K
  • Other at £336 K

 

Average & Median Sales Price By Districts

Staffordshire - Average Sales Price By Districts

The average sales prices at district level in Staffordshire for 2015 is as follows:

  • Lichfield was maximum at £273 K
  • South Staffordshire at £227 K
  • Stafford at £216 K
  • East Staffordshire at £200 K
  • Staffordshire Moorlands at £175 K
  • Tamworth at £171 K
  • Cannock Chase at £168 K
  • with minimum for Newcastle-Under-Lyme at £164 K

Staffordshire - Median Sales Price By Districts

The median sales prices at district level in Staffordshire for 2015 is as follows:

  • Lichfield was maximum at £200 K
  • South Staffordshire at £190 K
  • Stafford at £176 K
  • East Staffordshire at £156 K
  • Staffordshire Moorlands at £152 K
  • Tamworth at £150 K
  • Cannock Chase at £137 K
  • with minimum for Newcastle-Under-Lyme at £134 K

 

New Vs Not New Property Statistics

Staffordshire - New Vs Not New Property Statistics

 

By Sales Values the split is as follows:

  • New Properties contributed £243 millions (8.62%) 
  • Not New Property contributed £2.57 billions (91.38%)

 

By Total Number the split is as follows:

  • New properties sold were 1068 (7.63%)
  • Not new property sold were 12,936 (92.37%)

 

All Posts on Staffordshire


Comments are closed