South East Outer London


Snapshot: n 1,395 units sold in 2012; up 27% from 2011 (1,098 units) n 62 of the 108 schemes in the construction pipeline saw units sold or allocated during 2012


n Average capital value for Greenwich was the highest (£359,000) and the average capital value for Bexley was the lowest (£217,000)


Table 4: South East sales & pricing headline figures 2012 Developments of 10 units or more


Sales rates Construction pipeline total


schemes units


Percentage of pipeline: sold


- completion


- under construction un-sold*


un-launched** 108 5,489 Headline numbers for active units:


40% 53% 29% 60% 46%


*all units that were not sold **% of pipeline total


Table 5: South East key averages 2011-2012 Developments of 10 units or more – calculations based on sample units with both latest price and size only (1, 2 & 3 beds combined)


South East


Outer London Greenwich* All London


*key borough


Table 6: South East initial pricing 2000-2012 (£ per sq ft) Developments of 10 units or more – calculations based on sample units with both initial price and size only


Date 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012


Min


£204 £168 £168 £218 £255 £248 £302 £276 £236 £224 £220 £236 £226


1 bed (£/sq ft) Ave


£253 £298 £289 £362 £355 £336 £382 £448 £482 £452 £406 £416 £407


Max


£274 £421 £457 £511 £537 £465 £537 £635 £749 £727 £693 £851 £656


Min


£141 £133 £142 £196 £150 £208 £262 £252 £234 £222 £169 £188 £189


2 bed (£/sq ft) Ave


£221 £231 £286 £314 £337 £360 £380 £391 £414 £394 £378 £397 £392


Max


£465 £564 £537 £561 £533 £785 £785 £626 £791 £717 £604 £954 £822


Min


£119 £125 £184 £200 £207 £201 £248 £274 £274 £265 £283 £237 £198


Find out more about EGi London Residential Research and how it can help your business: visit www.estatesgazette.com/london-residential


3 bed (£/sq ft) Ave


£206 £218 £276 £312 £298 £308 £358 £401 £403 £413 £418 £373 £392


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Max


£328 £387 £426 £429 £519 £567 £712 £565 £592 £571 £617 £691 £957


O 87


2012 394 435 476 628


Average price (£/sq ft) 2011 398 422 499 594


% change -1.0% 3.0%


-4.6% 5.7%


2012 294 337 371 500


Average price (£'000) 2011 281 302 350 451


% change 4.6%


11.5% 6.0%


10.8%


2012 750 776 786 796


Average size (sq ft) 2011 706 717 701 759


% change 6.2% 8.2%


12.1% 4.8%


sold prior 2012 un-sold


un-launched allocated to rental, RSL, bulk investment purchase


sold in 2012 1,395 825 421 967 349


Private schemes/phases active in pipeline schemes


62 units 3,957 Key averages:


latest capital value (1,2,3 beds) sq ft size


Individual investors: acquired for investment


number of sales investor % taken from:


8.8% 6.2%


28% 1,665 Pricing Initial average £/sq ft


1 beds -2.1% 2 beds 3 beds


4.0% 8.0%


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