Summer Housing Market Report: South East Region

Summer Housing Market Report: South East Region

Key Statistics 

In the South East region, the average price of property is £1,132,329, which represents a marginal 3.47% annual change. The premium price threshold in the South East is £809,000, which means that the top 5% of sales in the region were above this figure. Over the last 12 months the average price per square foot has been around £486. The total value of sales over the past year has been £7.51 billion with 3,218 sales at or over £1 million.   

 

 

 

The South East Premium Market 

Apart from Milton Keynes, all other areas within the South East have seen an increase in the average property price. Oxford has seen a 12% annual increase, the average price in Brighton has increased by 10%, Chichester has increased by 9%, Canterbury by 4%, Guildford and Southampton by 3%, and Winchester and Portsmouth both increased by 2%. 

The highest premium threshold in the South East is in Guildford at £1,270,000, with Oxford not far behind at £1,050,000. 

 

South East Regional Market Property Statistics

 

Click here to read the full F&C Regional Summer Market Report: South East 

 

 

Guy Simmons, Associate at Fine & Country Oxford, says: 

“The premium market is holding up well in Oxfordshire. There is certainly a renewed eagerness for many London dwellers to vacate the city lifestyle, which has always been the case, but the percentage of sales to London-based purchasers has increased significantly during this time. 

“Priority is being given to garden or outdoor space, as well as good broadband to be able to work from home. Villages or rural locations are often on the wish list. Oxfordshire allows access to London by train in under an hour. But good broadband speeds and rural idle don’t go hand in hand that often so a compromise has to be made.” 

 

Properties for sale in the South East region 

Pevensey, East Sussex, 5 bedrooms

Brighton luxury Art Deco party property swimming pool UK

The Sandcastle is a rare example of a substantial Modern Movement house built directly on the sea front. Originally built as an entertainer’s home, the spectacular main reception room features an Art Deco curved window overlooking the gardens with swimming pool, the beach and the sea beyond. The dining room also boasts exceptional views of the sea leading through to the kitchen with views over the rear courtyard, gardens, outbuildings and double garage. 

Folkestone, Kent, 6 bedrooms  

Folkestone Kent country home mansion UK

This imposing early Edwardian country residence is nestled in almost four acres of grounds, including a woodland dispersed with magnificent specimen trees and pastures ideal for grazing, surrounded by the Kent countryside. 

Through the Palladian style pillared entrance are sensitively renovated interiors maintaining an abundance of elegant period features in the grand reception hall, three magnificent reception rooms, a kitchen with an island, six bedrooms, one with a dressing room, and two bathrooms plus a shower suite.  

Southsea, Hampshire, 5 bedrooms 

Old Police House fresh water swimming lake period English home

Brankesmere is an outstanding historic property with an interesting and impressive façade and magnificent interior features to match, including intricate wood carvings, cornicing, coving, woodwork, windows, architraves and doorways. 

This home, steeped in history, is an entertainer’s dream, featuring a grand drawing room and dining room with a music area on a platform in the bay window, a cinema, a games room and a private freshwater swimming lake. 

 

Contact us 

Looking to sell your home with experts in premium property? Get in touch with your local Fine & Country agent today. 

 

BOOK A MARKET APPRAISEL

 

21st Aug 2020

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