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Regional Property Market Update Autumn 2020: Southern Home Counties – Surrey and West Sussex

Posted on: Tuesday, October 27, 2020


It is estimated that nearly two million people own buy-to-let property across the UK (Resolution Foundation 2019), with property being regarded as a ‘safe-haven’ asset. At 4.9%, the gross yield on residential property across South East England is attractive.

Worthing is currently the top performer in the Southern Home Counties, offering a gross yield of 5.1%.

Average gross yields on residential property are attractive, with positive rental and house price growth

southern_home_counties_regional_property_market_report_autumn_2020

Strongest housing markets across the Southern Home Counties  

Property prices across South East England were 2.1% higher year-on-year as the housing market reopened in June. Waverley is currently the strongest performer in the area. Activity across the market has been brisk; nationally the average time taken to sell a property fell to 53 days in August, down from 62 days in August 2019. Sensible pricing remains crucial, as correctly priced properties are nearly twice as likely to be sold ‘subject to contract’ within four months of listing than those that have had their asking price reduced. Homes in South East England are selling, on average, 12 days quicker than a year ago.

southern_home_counties_regional_property_market_report_autumn_2020

VIEW THE FULL SOUTHERN REGIONAL MARKET REPORT

 

Properties for sale in the Southern Home Counties  

Woking, Surrey, 3 bedrooms

beautiful detached Victorian white and blue cottage with terracotta roof

‘Wold Cottage' is a stunning three-bedroom detached characterful home set on a lovely plot in a quiet and leafy lane. The property is presented in excellent order and offers further scope to extend, with planning already granted, if required.

Horsham, West Sussex, 3 bedrooms

beautiful symmetrical semi-detached Victorian house brick and blue

This beautiful Victorian family home is situated on the Brighton Road in Horsham within walking distance from the historic town centre and the train station with main routes to London and the South Coast. This elegant home backs onto some of the best walking paths Horsham has to offer making this a perfect mix of Victorian town living with the stunning backdrop of the West Sussex Countryside.

East Preston, West Sussex, 5 bedrooms

unique two storey family home in East Preston village

Broomfield is a detached family home with versatile accommodation in the heart of East Preston Village. The property has five to six bedrooms and two to three reception rooms, in addition to a generous garden and plenty of parking for hosting guests.

VIEW THE FULL SOUTHERN REGIONAL MARKET REPORT

 

Regional Reports

Click to see the market reports in other regions: 

●          Market Report 2020 Autumn South West

●          Market Report 2020 Autumn East Midlands

●          Market Report 2020 Autumn Essex, Norfolk and Suffolk (East)

●          Market Report 2020 Autumn Hertfordshire, Bedfordshire and Cambridgeshire (East)

●          Market Report 2020 Autumn London

●          Market Report 2020 Autumn North East and Yorkshire

●          Market Report 2020 Autumn North West and North Wales

●          Market Report 2020 Autumn Northern Ireland

●          Market Report 2020 Autumn Scotland

●          Market Report 2020 Autumn South East Home Counties - Kent and East Sussex

●          Market Report 2020 Autumn Southern

●          Market Report 2020 Autumn Thames Valley, Berkshire, Oxfordshire and Buckinghamshire

●          Market Report 2020 Autumn West and South Wales

●          Market Report 2020 Autumn West Midlands and Wales

 

Contact us

If you want independent guidance on moving home or are looking for the best agent in your area, find your local Guild Member today.

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What Our
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I would highly recommend Hardings. Their knowledge of the local area is outstanding, and they give honest and reliable advice. They have always been my partner of choice when buying and selling.

Rhiannon Prothero

"

Have used Hardings for many year on both personal and commercial property deals. Have always found them to be transparent, honest, authentic, and a pleasure to work with. Will continue to use in the future.

TB

"

I would highly recommend Hardings Estate Agents. They have excellent knowledge of Windsor and the surrounding areas, and are extremely professional, responsive and courteous. I would not hesitate to using them again the future. I recently dealt with Milica who was instrumental in securing us our new home in Windsor as well as the sale of our existing property. She was a fab negotiator and a real pleasure to work with from beginning to end. Thank you!

Jonathon Beresford

"

Hardings of Windsor managed our purchase with complete professionalism and went over and above in my opinion to manage the transaction and chain, resulting in a really smooth purchase. Milica at Hardings constantly provided timely updates and managed respective solicitors and the chain effectively, always responding quickly to queries. The whole transaction would not have happened without Milicas' focus on making all parties comfortable and satisfying all queries, not only professional but a delightful and welcoming personal approach that was a constant throughout. Thanks Hardings! Thanks Milica!

Stuart Blatch

"

I would recommend using Hardings estate agents when buying or selling your property. Dominic (Scully) was always available, helpful and genuinely interested in my purchase and always calm and compassionate. If I ever move again my first choice will be Hardings.

Cath Powell

"

Dom and the team at Hardings were so helpful and efficient when I purchased my flat - friendly and professional service and kept us up-to-date the whole way through the process. It was my first time buying and so was very nervous but they helped me feel at ease.

Freppell

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We bought and sold through Hardings and can't recommend their professional service enough. The whole Team are really lovely, we were kept informed throughout the process and never had to chase anything.

Natalie Quint

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I used Hardings when I bought my property as well as when I sold it and the service has been fantastic both times. I very much recommend Hardings!

Therese Jouini

"

We recently purchased our new home with Hardings Estate Agents. The whole team there were very helpful and flexible with us, arranging viewings quickly on the same day. They were always quick to respond and if ever our point of contact was not there, the service did not change as they work well together as a team. We received a personalised service, which allowed the sale to proceed quickly. Thank you all and we recommend Hardings Estate Agents without hesitation.

Mike B

"

What a pleasure it was to deal with Milica from Hardings. She sourced the perfect property for me and my family (while we were still abroad) and worked endlessly to put the deal together. I would give more than 5 stars if at all possible!

C D

"

Fantastic customer service and made what could have been stressful a total breeze. Dominic and Louisa were brilliant in helping me and my parents buy and sell our houses - reliable, helpful and thoughtful. Thank you!

Eloise Harris

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Thank you, Dominic and Louisa - having not moved for over 30 years you helped me all the way, step by step. You were always polite, communicative, reassuring and very supportive. Would recommend Hardings wholeheartedly.

Anna Bowen
How Much is Your Property Worth?

How Much is Your Property Worth?

A senior member of our sales team will visit your property to discuss current market trends and how your home; based on size, condition and location should be pitched to achieve the best possible price and buyer. Coupled with an excellent understanding of the local market we do a detailed analysis of what else has sold and what is coming onto the market so we can give you the best chance to capitalise on your biggest asset.

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