3rd November 2016
The property market has gone from strength to strength in the third quarter of 2016, with the highest number of property completions all year. This is despite the economic uncertainty, following on from the Brexit result at the end of June.
A total of 993 properties, with an aggregate value of £417,601,299, passed hands in the third quarter of 2016 (July-September). Q3 2016 saw an increase on the previous quarter (April-June) in both properties sold, up from 835, and total aggregated cost, up from £313,593,694.
The average price of properties sold in Brighton and Hove during July-September was £420,545, up from £375,561 in the previous quarter and £364,801 in January-March.
The breakdown for each type of property sold during the third quarter of 2016 is:
A total of 3,498 properties have been sold in the city this year, with a total aggregate value of £1,340,412,866.
The 10 most expensive homes July-September 2016