Busiest Market in a Decade

Key Statistics

In the South East region, the average price of property is £1,307,640, which represents a 15.11 percent annual change. The premium price threshold in the South East is £916,000, which means that the top five percent of sales in the region were above this figure. Over the last 12 months the average price per square foot has been around £515. The total value of sales over the past year has been £8.78billion with 4,901 sales at or over £1 million.  

The South East Premium Market

Prime property price growth in the South East is stronger than the average across England and Wales. In six of the region’s ten key market areas, the average price of a prime property commands a seven-digit sum. The price threshold for a prime market property in Reading, Oxford, Winchester and Guildford is £1 million or more. 

The highest price increases seen in the South East is in Portsmouth at 23 percent, closely followed by Reading with a 21 percent increase.

Click here to read the full F&C Autumn Housing Market Report: South East

Guy Simmons, Associate of Fine & Country Oxford, comments on the region:

“The continued market conditions in the South East region still predominantly has a lack of supply, thus forcing an upward pressure on prices. The rental market is very buoyant currently as sellers having gained a great price for their home are compelled to rent temporarily as supply is not helping them find an onward purchase.”

“My personal view is that there is a slight hesitation in the market, from holidays and confidence in how things may change after the opening up of the country and the stamp duty ending in September, and the effects on the future market. Because of this hesitation, there is an amazing opportunity right now for contrarian thinkers. If you are prepared to market your home to really maximise your property value, now is definitely the time.”

Properties for sale in the South East region

Wantage, Oxfordshire, 4 Bedrooms

Larkhill Farm has the most stunning panoramic views of the Oxfordshire countryside and Ridgeway. The main home was constructed for the owners in 1998 and offers a comfortable and spacious, large detached modern family home. In addition, there is an exceptionally spacious and versatile detached barn of 2565 sq. ft, currently used as offices, as well as six block-built stables, a storage barn, a 40×20-metre all-weather arena, two paddocks, each 0.3 acres, and a four-horse Claydon horse walker. The double detached garage has a self-contained two-storey apartment above and behind, with a small walled patio, generating a favourable rental income.

Bartley, Southampton, 5 Bedrooms

This spectacular home enjoys a setting of which dreams are made. Set in beautiful grounds of over 8 acres, this stunning cottage is located down a quiet lane, overlooking the New Forest National Park from all angles. This unique property has been a much-loved home for the current owners for the past eight years, who have relished every second they have lived here. The property is within walking distance of the local post office and convenience store, which is well stocked. Lyndurst is very close, as is Southampton. Schools, sport and leisure facilities, including the nearby Bramshaw golf course, are all within easy reach, as are visits to the coast.

Canterbury, Kent, 4 Bedrooms

This fantastic barn conversion is where a trendy converted Docklands loft apartment meets an immaculate rural residence. The barn had its origins in the 18th century and was on the site of an even earlier building, so is steeped in history and much of this is reflected in the amazing features that have been retained and give the property such a special character.

Contact us

Looking to sell your home in the South East region, other regions of the UK or overseas with experts in premium property? Get in touch with your local Fine & Country agent today.

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