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Regional Property Market Update Winter 2021: Southern Home Counties - Surrey and West Sussex

Posted on: Friday, November 26, 2021


Sales remain brisk as demand continues

The market is busier than in any year since 2007. In the first nine months of 2021, HMRC estimate that more than 1.2 million homes changed hands, 47% higher than the long-term UK average (2010–2019) and just 50,000 fewer than the same period in 2007. On average, there is now only 2.2 months’ worth of stock available in the UK, compared to four months’ stock in 2019 (TwentyCi).

Eight areas in the Southern Home Counties have seen more than one in every 20 homes change hands over the past year. The average annual rate of housing stock turnover in the area as a whole is 5.0%.

 

Southern Home Counties Winter regional property market report 2021

 

On the up

The average price of a property has increased significantly during the past year, a number of localities experiencing double-digit annual price growth. Agents anticipate price growth will moderate over the coming months to more sustainable levels, with predicted growth of 3.0% in the South East during 2022 (Zoopla). According to Dataloft, the annual increase in the average property price in the region is £28,700.

 

Southern Home Counties Winter regional property market report statistics 2021

 

Keeping warm 

COP26 focused attention on the environment and energy efficiency. An Energy Performance Certificate (EPC) is needed whenever a property is built, sold, or rented. While 90% of new build properties achieve the highest A or B rating, just 1 in 14 resale properties currently reach that grade, although 60% could with improvements. Upgrading could prove lucrative; resale properties rated A/B currently attract a 13% price premium (based on £psf), compared to those properties with the average D rating1.

 

VIEW THE FULL SOUTHERN HOME COUNTIES REGIONAL REPORT

 

 

Properties for sale in the Southern Home Counties region of the UK

Horsham, West Sussex, 2 bedrooms

2 Bedroom Semi-Detached House for sale in Horsham

This spacious two double bedroom home is set within an enviable location to the West of Horsham, approximately 0.4 miles distant from the busy town centre. This charming period cottage offers stunning accommodation over four floors, including an open-plan living area, which boasts a warming central fireplace and plenty of room for a dining table, ideal for entertaining. 

 

West Chiltington, West Sussex, 4 bedrooms

4 Bedroom Detached House for sale in Chiltington.jpg

Located down a private lane, this beautifully presented former farmhouse boasts an abundance of character features and has been the subject of extensive renovation in recent years, as well as featuring a refitted kitchen and utility room. To the ground floor, there is a refitted kitchen-breakfast room with a separate utility room, a sitting room with an open fireplace and a reception-dining hall with a large Inglenook. 

 

Godalming, Surrey, 3 bedrooms

3 Bedroom Maisonette for sale in Godalming

Found within this attractive period house, this spacious maisonette apartment benefits from its own private entrance, panoramic views and attractive communal gardens. The home is neutrally presented with period features and tastefully chosen contemporary additions, such as a Shaker-style kitchen and bath and shower rooms, making for an outstanding home. Further highlights include a wonderful sitting/family room, a main bedroom with a walk-in wardrobe and an additional dining room.

 

Contact us

As property prices continue to rise and the UK hits a record number of sales for autumn, sell your property with experts in the property industry this winter. Contact your local Guild Member today.

 

GET AN ONLINE VALUATION

 

 

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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

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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

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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

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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

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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

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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!

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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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