child mortarboard gbp briefcase bath coffeecup tree twitter search crosshair fax house papers sort house-pound brochure list-items notes printer video-camera video virtual-video bath bed camera floorplan heart-empty heart-filled heart-empty-thin heart-filled-thin sofa calculator compass share clock list map-pen map-pin pencil save business-card letter phone heard people pointer cross linkedin google-plus facebook arrow-right close triangle-down my-wink my-wink-thick house-circle loading-spinner bell close-circle dog link pinterest school transport wardrobe arrow-up one two three four five six seven tick

South west property market set to outperform London

In a reversal of fortunes London is no longer leading the way in house price growth, report Devon estate agents. In fact, house prices in the South West are deemed more 'healthy' than in the capital city for the first time in six years, according to a new study of the housing market. The Centre for Economics and Business Research UK predicts that house prices in London will fall 3.6% during 2015, while those outside of the capital will generally increase by 1.5%. Describing the property market in the South West as "wonderfully stable, all very healthy", Richard Copus from the National Association of Estate Agents has put a spring in the step of anyone thinking of selling a home in Devon, Dorset or Cornwall. Properties for sale in Devon have caught the eye of the broadsheet press too, who are busy identifying areas outside London that are set to outperform their capital counterparts. The Daily Telegraph ran an article on the next British property hotspots that will see price uplift, analysing transaction levels to discover where there was increasing popularity. One North Dorset area was highlighted as a future hotspot - Shaftesbury, one of the oldest and highest towns in England. The good news for anyone worried about a property bubble forming in Devon, comment Winkworth, is a stable pricing market. For instance, the value of properties for sale in Shaftesbury actually fell during 2014, and house prices in the Devon country as a whole were up a modest 6% last year, according to property portal Rightmove. This side-stepping of boom and bust conditions creates a stable market for buyers, sellers and investors across the South West. Looking at flats and houses for sale in Devon in more detail, Rightmove shows that most of the sales in the county over the past year were terraced properties, which sold for an average of £184,905. The most expensive house type was a detached property, costing an average of £336,367 to buy, while semi-detached properties changed hands for an average of £210,971. The most expensive place for property for sale in Devon was Salcombe (£684,309) and the cheapest was Devonport (£143,134). If you would like the latest selection of houses and flats for sale in Devon, or if you have a home in the county you wish to sell and would like a free valuation, please contact Winkworth today.

In a reversal of fortunes London is no longer leading the way in house price growth, report Devon estate agents. In fact, house prices in the South West are deemed more 'healthy' than in the capital city for the first time in six years, according to a new study of the housing market. The Centre for Economics and Business Research UK predicts that house prices in London will fall 3.6% during 2015, while those outside of the capital will generally increase by 1.5%.

Describing the property market in the South West as "wonderfully stable, all very healthy", Richard Copus from the National Association of Estate Agents has put a spring in the step of anyone thinking of selling a home in Devon, Dorset or Cornwall.

Properties for sale in Devon have caught the eye of the broadsheet press too, who are busy identifying areas outside London that are set to outperform their capital counterparts. The Daily Telegraph ran an article on the next British property hotspots that will see price uplift, analysing transaction levels to discover where there was increasing popularity. One North Dorset area was highlighted as a future hotspot - Shaftesbury, one of the oldest and highest towns in England.

The good news for anyone worried about a property bubble forming in Devon, comment Winkworth, is a stable pricing market. For instance, the value of properties for sale in Shaftesbury actually fell during 2014, and house prices in the Devon country as a whole were up a modest 6% last year, according to property portal Rightmove. This side-stepping of boom and bust conditions creates a stable market for buyers, sellers and investors across the South West.

Looking at flats and houses for sale in Devon in more detail, Rightmove shows that most of the sales in the county over the past year were terraced properties, which sold for an average of £184,905. The most expensive house type was a detached property, costing an average of £336,367 to buy, while semi-detached properties changed hands for an average of £210,971. The most expensive place for property for sale in Devon was Salcombe (£684,309) and the cheapest was Devonport (£143,134).

If you would like the latest selection of houses and flats for sale in Devon, or if you have a home in the county you wish to sell and would like a free valuation, please contact Winkworth today.

Related posts

Think dream home? Think South West

Ask people to imagine their dream home and they might tell you about roses around the door, a walk-in wardrobe or even a swimming pool. Everyone has their own idea of what makes the perfect property but two new surveys have actually quantified what the UK dream home really consists of. Winkworth wasn't surprised to learn that the most popular choice among Britons was a...

Read post

July 30, 2015

New blockbuster set in Dorset looks set to add to the county's appeal

It was as recent as January 2015 that Dorset estate agents were fighting off home buyers who had turned to the county in light of TV show Broadchurch. The drama had shown off Dorset's brooding charms to such an effect that many estate agents claim the airtime has had a positive effect on house prices. Now a new wave of Dorset fans is set to...

Read post

May 26, 2015

South west property market set to outperform London

In a reversal of fortunes London is no longer leading the way in house price growth, report Devon estate agents. In fact, house prices in the South West are deemed more 'healthy' than in the capital city for the first time in six years, according to a new study of the housing market. The Centre for Economics and Business Research UK predicts that house prices...

Read post

May 06, 2015

Find your Local Office

Find your Local Office

Speak to people who, quite simply, love their patch and love what they do.

Get a Free Valuation

Get a Free Valuation

Thinking of selling or letting your property, or just interested to know what it is worth nowadays?