Tag: property in Upper Longcross

2018 Property Market Forecast

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The end of a year always signals that it is time to look ahead at what’s to come. We may be finished with 2017 and all its tumultuous events but 2018 is about to begin and it pays to be ready! Barton Wyatt estate agents Surrey have been spending some time delving into the predictions for the property market in 2018, taking into account political and cultural events to explore what could happen in the British real estate industry. They have kindly shared the article below.

The UK Property Market

Overall, it is pretty hard to forecast what’s going to happen over the next few years because of Brexit and our currently rocky political climate, but that doesn’t, by any means, make us think that next year’s going to be a bad one for property. The aftermath of Brexit proved that anything can happen! Everyone, even us, expected it to take a pretty bad toll on the property market, but in fact it’s remained steady and pretty strong since we decided to leave the EU.

With all these things considered, we expect to see a price growth in UK property of around 2%, not dissimilar to this year’s 2.5%. This isn’t anything drastic, but it’s keeping that line moving in the right direction when, in reality, there’s a lot going against it. It just shows that us Brits will keep on going no matter what’s going on! Investors will continue to invest, buyers will continue to buy and our nation will carry on like we always do.

London

A lot of the focus next year is going to be on London, as this is the one place where we expect price growth to actually suffer a little. In the best outcome, we would predict no price growth in the capital, and in the worst case we think there’ll be a drop of about 2-5% in house prices. This is because of the city’s ever-increasing living prices and unfavourable lifestyle pushing people to leave and find their home in surrounding, cheaper areas. We don’t expect to see any positive growth in the city for the next few years at least.

Surrey and the South East

The market predictions for Surrey and the South East are pretty favourable for 2018 and we’d be very much surprised if growth in prices wasn’t seen. We expect prices in these regions to increase above the rate of the country’s average of 2%, though we don’t think they’ll climb too much higher. This is great news all-round, as Surrey will continue to see high demand from buyers as it won’t reach dizzying price heights but investors will also continue to see growth in their revenue.

The Barton Wyatt estate agents in Surrey are feeling confident about 2018, being pretty certain that despite the UK’s odd position in the world at the moment and within our own land, the property market will remain moving in the right direction.Whether you are after property in Upper Longcross or rental homes in Sunningdale, get in touch with the experts at Barton Wyatt.

Surrey Hills – The Place to Be for London Commuters

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The Surrey Hills are one of the most beautiful locations on our little island – even the Government agrees, awarding it the title of an Area of Outstanding Beauty way back in 1958. It is one of the finest spots in England! With rolling hills, an abundance of woodland and deep valleys that reveal themselves to you at the last moment, this place really takes your breath away.

So it is not too surprising that the Surrey Hills and surrounding areas have become such a hot spot amongst property hunters, particularly those coming from London. As estate agents with property near Upper Longcross to Virginia Water, Barton Wyatt thought they would take a closer look at the popularity of this place.

Why Is It Perfect for Londoners?

For London commuters, the Surrey Hills are the dream place to live. Leaving the city to retreat to the calm, stunning countryside after a day of work is certainly a treat that shouldn’t be taken lightly! With frequent trains in and out of London, ranging from around half an hour to an hour journeys, the travel isn’t strenuous, and the rewards are huge.

More Reasons to Live Here

There are a whole bunch of reasons as to why people chose to live in the Surrey Hills. Aside from its natural beauty, there are also opportunities for great vineyards (areas of the Hills have the same soil as in Champagne, France), some gorgeous opera houses nestled in between thick areas of woodland and a whole lot of artist appeal. In fact, many famous artists, such as Hugh Thackeray Turner and Charles Voysey, worked in a few of the many arts and crafts houses that litter the Hills.

The area is also in close proximity to both Gatwick and Heathrow, meaning that you have the rest of the world at your doorstep. There are also an abundance of great schools and the open, fresh spaces make it an ideal setting for raising children, away from the hustle and bustle of modern day living.

The Cost

As with any desirable location, the prices of homes in The Surrey Hills are fairly steep and continue to rise along with the rest of the country’s house prices. It is, in fact, the most expensive of the Areas of Outstanding Beauty, which just goes to show how incredible a location it is. The average sale price of a property in this area is £904,426. But can you even put a price on the kind of life that the Surrey Hills has to offer? We don’t think so.

If you are interested in buying a property in the Surrey Hills (we don’t blame you!) then get in touch with the team here at Barton Wyatt. They work across Surrey, with property in Upper Longcross, Ascot, Virginia Water and many more great locations, so take a look at all our properties for sale and find your dream home today.