Posted: Thursday, June 24, 2021

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

2021 is set to be one of the busiest sales years in over a decade

Agents report the sales to stock ratio across the South East is at its highest level since spring 2016 (RICS). At 3.9% the annual rate of housing stock turnover in the Southern Home Counties is above the UK average. Levels currently exceed 4% in the most active markets.

 

Southern Home Counties Kent and West Sussex annual rate of price change regional property market report map

 

Price growth strengthens

Although new instructions to the market have improved slightly in recent weeks, demand continues to outpace supply, placing sustained pressure on prices. Month-on-month average property prices are rising in all regions of the UK.

Year-on-year price growth across the South East is substantially stronger than the 1.9% recorded this time a year ago (UKHPI). Double-digit annual price growth is evident in six local areas across the Southern Home Counties.

 

Southern Home Counties Kent and West Sussex annual rate of price change regional property market report statistics

 

A seller’s market

Market activity is fast-paced. According to Rightmove, the average time taken to sell a property in the South East is 47 days. The proportion of properties selling within their first week of listing is at a record high (Zoopla) and the average time taken to sell a property in the UK is nearly three weeks quicker than in April 2019 (Rightmove). Lifestyle change continues to drive demand, buyers also aided by the extension of elements of tax relief and the new 95% government-backed mortgage guarantee scheme, available on either new or resale properties.

 

VIEW THE FULL SOUTHERN REGIONAL REPORT

 

Properties for sale in the Surrey and West Sussex regions of the UK

Woking, Surrey, 4 bedrooms

Approached via a pitched roof porch with space for coats and boots, the period character of this property is immediately apparent. The entrance hall boasts exposed wooden beams, a welcome feature found throughout the house and provides access to the principal reception rooms. There are two sitting rooms, both with impressive Inglenook fireplaces. One houses a wood-burning stove whilst the other has an open fire. The dining room enjoys access directly onto the patio via French doors, a brilliant area for entertaining. The large flagstone patio spans the width of the house and leads to gardens with views over fields beyond. 

Colworth, Nr Chichester, 3 bedrooms



This idyllic and beautifully presented rural property provides a wealth of period features, modern countryside living, an abundance of natural light, and the benefit of further accommodation within a self-contained annexe. Believed to have been originally converted 25 years ago, Highkettle Barn is approached from a quiet lane and sits within beautifully maintained grounds. The main barn is arranged over two floors and from the wide main stable door, you enter a spacious entrance hall with gorgeous flagstone flooring which leads to various rooms around the home.

Reigate, Surrey, 3 bedrooms

South Pavillion Cottage is located on a private lane in a beautiful semi-rural setting. The Grade II Listed home features well-proportioned accommodation, a garage, off-road parking, and a south-facing rear garden. Built originally as a cricket pavilion in 1937, the front of the cottages still very much represents the cricket pavilion with handsome pillars and a clock tower overlooking the fields in front which would have originally been the cricket pitch.

Contact us

Take advantage of the seller's market this summer with the best agent in your area. Contact your local Guild Member today.

 

 

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I can't speak more highly of the team at Homesearch. When I met Michael to discuss the sale of my home instantly from that meeting, I could tell how knowledgeable they were. From that moment until closing, everything went absolutely flawless. This experience of selling went without a hitch with them giving great tips on preparing my home for viewings. Thank you. I really appreciate all your help during this process. I highly recommend Homesearch to any person who is looking to sell their home or buy a new home.

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Homesearch are hands down the best agent I have ever worked with ! The team helped me in an extremely complex sale. Without the knowledge and experience of the whole team, my sale would not have completed. I dont normally write reviews, only when they are truly deserved. An exceptional team! Very kind and personable, reliable & trustworthy.

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Homesearch are PROFESSIONALS. I sold my property through Homesearch and I have not dealt with a more competent agency. Every single person  dealt with knew exactly what they were talking about and I can tell that they all have knowledge in the industry and were not just picked up from the street. From the get go I was impressed and I will certainly do business with them again.

Paul Hobbs, Seller

Many thanks Homesearch for locating professional corporate tenants for my property. I am very happy with your property management service as you always ensure that the tenants give the property back in good order at check out. Five Stars!

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I have been absolutely delighted with the exceptional service I have received from Homesearch. They have removed all the stress & hassle of renting my property and dealt with all manner of situations I would have struggled with in such a professional & courteous manner. They give valuable unbiased advice with such a wealth of experience. Nothing is ever too much trouble for the staff, who are always friendly & helpful. Homesearch let and managed my property and I am very happy with their property management services, they are very knowledgeable.

Paula Carter, Landlord

Homesearch always do what they say they will do. They are efficient and raise any issues early and provide options to resolve them. Homesearch is very  easy to get hold of and talk to, no matter where I am in the world! My property is well looked after, regarding tradesmen, replacement of items swiftly etc. with the minimum of fuss.

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From our first viewing right through to the present, Home Search were brilliant. They helped make the whole process quick and stress free and even now we are in and settled, they are still happy to assist us with any queries we may have. We couldn't recommend them highly enough.

Julie Maney

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