There is a very positive feeling about the local property market at the moment, our Directors and Managers have provided a brief round up of their experiences of the current local market in their area.
Demand from buyers moving to the village show no signs of stalling. Property that enjoy views or in close proximity to the Cricket Ground, Oak Common and Village itself are, in the main, most sought after.
Having agreed sales recently on property ranging from £200,000 to well in excess of £1,000,000 the common denominator is realistic and competitive pricing has led – in some cases – owners having a number of offers to choose from.
If the past few years prove to be the pattern for the market this year, then buyers need to act quickly as the choice of property will diminish until the market enters its next cycle after the summer.
Steve Tetlow, Sales Director, Hartley Wintney 01252 844015
Demand from out of area buyers is very noticeable. Hook’s excellent schools and the ever popular Robert Mays School in Odiham is a key draw to the village. This coupled with excellent transport Links provides these buyers with a real incentive to move out from the West London area. For me a key indicator of improving confidence is the willingness of sellers to take the plunge of putting their own home on the market; this is really important as it has improved the amount of property available and generated interest from buyers and helped the market move.
Justin Smith, Branch Manager, Hook 01256 764666
The local housing market in the Ash and Ash Vale area is extremely busy at the present time; what has been particularly noticeable is that properties which were sticking or taking longer to sell are now have suddenly began to sell. If we are now achieving prices which we once thought were optimistic then this would suggest that we have seen a slight increase in values which is good news all round for homeowners.
The volume of sales agreed by my office has increased by 10-15% for the same period last year demonstrating increasing buyer confidence and a slightly more relaxed lending policy from mortgage providers.
Crawford Moxley, Branch Manager, Ash Vale 01252 353030
I am pleased to report a strong selling market within Fleet and Church Crookham at the present time, predominately led by lack of stock but also contributed to by the forthcoming launch of Elmcote and Kings Mews which are two New Home developments constructed by Antler and Natta Country Homes respectively. We have seen these sites bring an increase to our already expanding database of buyers.
Property within the £350,000 – £550,000 price range seems to be in the highest demand and we have averaged approximately 98% of the asking price on properties we have sold within this band over the last 2 months.
Michael Lloyd, Sales Director, Fleet 01252 812121
With house prices continuing to rise and confidence levels high amongst buyers, the Farnborough and surrounding areas continues to grow with demand for all types of property. We have successfully sold many properties within 24 hours of coming to market.
With interest rates held at record low levels, mortgage companies reporting a strong rise in successful applications and new developments here in Farnborough and surrounding areas now offering ‘Help to Buy’ schemes, demand from home buyers and investors are now at their highest level in 2013.
Jon Lacey, Branch Manager, Farnborough 01252 375999