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Company News October 10, 2019

Growth in High-End Property Sales in Haslemere

Keats Estate Agents is pleased to report a marked increase in the sale of property in Hasleemre and the surrounding area in excess of £1m. This comes despite a recent survey by Lloyds Bank which shows the number of properties sold for £1m or more in Britain rose only one per cent in 2018, ending a decade of far more substantial growth.


According to the survey this relates to the flattening of year on year sales in London; there were 8,267 homes sold in 2018, compared to an all-time high of 8,308 in 2017. Apparently, the findings also reveal that there was no measurable growth in the South East with 3,390 £1m homes sold in 2018, just up from the 3,377 sold in 2017.


Rita Tinney, Director of Keats Sales and Lettings said: “While we assume that Lloyds Bank have thoroughly researched the market and based their statistics on reliable sources – we really can’t agree on a local level. After a lull of about 2 years, London buyers are back and interested in property in Haslemere and the surrounding villages!


“Some are moving from the suburbs having achieved a sale on their own home but many are the smart tenants who left their London homes a few years ago and have been renting in the area, often through our sister company Keats Letting, getting themselves thoroughly educated as to where they want to live - even down to specific roads.


“They are in a prime position to bid for the choicest homes with many sales being agreed within the first few days of marketing - making this an exception year for high end properties with many more substantial family homes waiting in the wings ready to launch into the market after the summer holiday period.”


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