Windsor and Maidenhead Property Market Grows By 3.26% in 2016, Beats Brexit and Stamp Duty Hike

Story Highlights

  • Windsor and Maidenhead had total property sales of £1.49 billions in 2016
  • The total number of properties sold in 2016 was 2,291 properties
  • The average sales price in Windsor and Maidenhead was £651 K, whereas median was £456 K
  • New Property sales were 8.23% by value, where as Not New Property contributed 91.77%
  • Stamp duty changes caused monthly spike in March
  • Brexit coupled with Stamp Duty Hike did not have negative impact and there has been growth of 3.26%

 

Windsor and Maidenhead is one of the districts of Berkshire.

Total Sales By Property Type
Windsor and Maidenhead - Total Sales By Property Type

Windsor and Maidenhead had total property sales of £1.49 billions, which was 22.72% of Berkshire Property Market 2016

The split across the different property types in Windsor and Maidenhead are:

  • Detached £560 millions (37.53%)
  • Flat/Maisonette £242 millions (16.23%)
  • Terraced £236 millions (15.8%)
  • Semi-Detached £235 millions (15.77%)
  • Other £219 millions (14.68%)

 

Windsor and Maidenhead Property Market at Postcode Level

Postcode Coverage Area School Local Authority Area
RG10 Charvil,Hurst,Ruscombe,Twyford,Wargrave,Waltham St Lawrence Details Wokingham, Windsor and Maidenhead
SL3 Langley,Datchet,Colnbrook,Poyle,Horton,Fulmer,George Green,Wexham, part ofRichings Park Details Slough, South Bucks, Windsor and Maidenhead
SL4 Windsor,Old Windsor,Eton,Eton Wick,Clewer,Dedworth,Cranbourne,Winkfield,Dorney, Spital,Oakley Green,Woodside,Boveney, part ofFifield Details Windsor and Maidenhead,Bracknell Forest, South Bucks, Slough
SL5 Ascot,Sunninghill,Sunningdale,North Ascot,South Ascot,Burleigh,Cheapside Details Windsor and Maidenhead, Bracknell Forest
SL6 Maidenhead,Burnham,Taplow,Bray,Bray Wick,Cookham,Cookham Dean, Cookham Rise,White Waltham,Hurley, Hurley Bottom,Holyport,Pinkneys Green, Woodlands Park, Furze Platt,Hitcham,Littlewick Green,Burchetts Green,Paley Street, Stud Green,Touchen End, part ofFifield, parts of Cippenham,Slough Details Windsor and Maidenhead, South Bucks
SL7 Marlow,Marlow Bottom,Little Marlow,Medmenham,Bisham, Lower Woodend Details Wycombe, Windsor and Maidenhead
TW18 Staines-upon-Thames,Egham Hythe,Laleham Details Runnymede, Spelthorne, Windsor and Maidenhead
TW19 Stanwell,Stanwell Moor,Wraysbury,Sunnymeads,Hythe End Details Hillingdon, Spelthorne, Windsor and Maidenhead

 

 

Month-wise Break-up of Total Sales
Windsor and Maidenhead - Month-wise Break-up of Total Sales

Stamp Duty Hike Impact

  1. March had property sale spike of £235 millions compared to £105 millions in Feb
  2. The impetus for it was to avoid the extra 3% in Stamp Duty Tax applicable on buying an additional home, being applicable from April 1 2016

Brexit Impact

  1. Brexit took place on 23rd June 2016.
  2. As can be observed from the month-wise break-up there does not seem to have been significant dip in property sales in the immediate after-math of Brexit 
  3. Year on Year property market in Windsor and Maidenhead has shown growth of 3.26%

 

 

Total No Of Properties Sold By Property Type
Windsor and Maidenhead - Total No Of Properties Sold By Property Type

Windsor and Maidenhead had total property sales of 2,291.  The split across the different property types are:

  • Flat/Maisonette 649 (28.33%)
  • Detached  584 (25.49%)
  • Terraced  497 (21.69%)
  • Semi-Detached 465 (20.3%)
  • Other 96 (4.19%)

 

 

Average & Median Sales Price
Windsor and Maidenhead - Average & Median Sales Price

The average sales price in Windsor and Maidenhead was £651 K and for the different property types it was:

  • Detached £958 K
  • Semi-Detached £506 K
  • Terraced £474 K
  • Flat/Maisonette £373 K
  • Other it is £2.28 million

Similarly median sales price in Windsor and Maidenhead was £456 K and for the different property types are:

  • Detached £755 K
  • Semi-Detached £465 K
  • Terraced £420 K
  • Flat/Maisonette £313 K
  • Other it is £495 k

 

 

New Vs Not New Property Statistics
Windsor and Maidenhead - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Property contributed £123 millions (8.23%)
  • Not New Property contributed £1.37 billions (91.77%)

By Total Number the split is as follows:

  • New properties sold were 205 (8.95%)
  • Not new property sold were 2086 (91.05%)

 

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