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A tempting time to consider the counties

Improving weather and school holidays are not the only reasons a spacious family home beyond the capital might sound enticing at the moment. Research shows that key commuter counties such as Surrey and Hertfordshire offer a compelling opportunity to Londoners looking for a spacious detached house. Detached houses are available in London of course but the price differential which has widened in recent years makes these beautiful counties ripe for potential investment in this type of property. Whether you are considering a spacious commutable property to move to, a country property for weekends away or simply an investment with firm potential, Surrey and Hertfordshire both have much to offer. Why Surrey or Hertfordshire' There are many wonderful places to choose from when considering the purchase of a detached house in the counties around London. Surrey to the south and Hertfordshire to the north are both representative of what is available and they also give an indication of the economic factors at work. Surrey offers plenty of rural bliss and is dotted with beautiful towns and villages such as Cobham, Farnham and Weybridge. Hertfordshire too has a wealth of interesting spots with gems such as London Colney sitting by the peaceful river Colne and the historic city of St Albans. Leaping for the Price Gap Opportunity The data below provides some indication of the price differential between detached houses in the Inner London boroughs and prices of detached houses in the counties of Surrey and Hertfordshire. In overall terms there has been a marked difference in average property prices over time but the figures that astute buyers of property will notice are the percentage changes in value year on year. This is particularly interesting in the last three years. London’s overall increase year on year has been greater than either Surrey or Hertfordshire but both counties have also begun to show an increase in growth rates in the last three years. A quick look at the chart mapping these figures helps tell the story: The implications of this trend mean that the opportunities outside London could now offer potential buyers accelerated growth in value over the next few years as the counties follow London’s property boom. Those expecting to sell in London can take advantage of their relative buying power while others looking for a spacious retreat will be entering these markets at a good time in the cycle. Buyers can take comfort from the indicators suggesting these markets have their best potential ahead of them. Owners of property in London can feel assured that they are invested in one of the most secure markets in the world. Those looking further afield may have many reasons for doing so. The positive outlook for areas such as Surrey and Hertfordshire should give them confidence that now is a great time to take the leap. For more information about moving to the country please contact our Country House team or click here to find your nearest office.  

Improving weather and school holidays are not the only reasons a spacious family home beyond the capital might sound enticing at the moment.

Research shows that key commuter counties such as Surrey and Hertfordshire offer a compelling opportunity to Londoners looking for a spacious detached house. Detached houses are available in London of course but the price differential which has widened in recent years makes these beautiful counties ripe for potential investment in this type of property.

Whether you are considering a spacious commutable property to move to, a country property for weekends away or simply an investment with firm potential, Surrey and Hertfordshire both have much to offer.

Why Surrey or Hertfordshire'

There are many wonderful places to choose from when considering the purchase of a detached house in the counties around London. Surrey to the south and Hertfordshire to the north are both representative of what is available and they also give an indication of the economic factors at work.

Surrey offers plenty of rural bliss and is dotted with beautiful towns and villages such as Cobham, Farnham and Weybridge. Hertfordshire too has a wealth of interesting spots with gems such as London Colney sitting by the peaceful river Colne and the historic city of St Albans.

Leaping for the Price Gap Opportunity

The data below provides some indication of the price differential between detached houses in the Inner London boroughs and prices of detached houses in the counties of Surrey and Hertfordshire.

In overall terms there has been a marked difference in average property prices over time but the figures that astute buyers of property will notice are the percentage changes in value year on year.

This is particularly interesting in the last three years.

Chart

London’s overall increase year on year has been greater than either Surrey or Hertfordshire but both counties have also begun to show an increase in growth rates in the last three years. A quick look at the chart mapping these figures helps tell the story:

Graph

The implications of this trend mean that the opportunities outside London could now offer potential buyers accelerated growth in value over the next few years as the counties follow London’s property boom.

Those expecting to sell in London can take advantage of their relative buying power while others looking for a spacious retreat will be entering these markets at a good time in the cycle. Buyers can take comfort from the indicators suggesting these markets have their best potential ahead of them.

Owners of property in London can feel assured that they are invested in one of the most secure markets in the world. Those looking further afield may have many reasons for doing so. The positive outlook for areas such as Surrey and Hertfordshire should give them confidence that now is a great time to take the leap.

For more information about moving to the country please contact our Country House team or click here to find your nearest office.

 

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