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February 20, 2015

Dorset outperforms London and tops the county league for price growth for family homes in 2014

Filed under: Latest News — Four Communications @ 2:12 pm

Four bedroom family homes in Dorset top the price growth tables, beating London and the home counties, according to new research for national estate agents Jackson-Stops & Staff, with 44 offices nationwide.

Prices for houses with four bedrooms in Dorset showed 19 per cent growth, against 18 per cent in South-east London, 13 per cent in North-east London and 12 per cent in North-west London. Surrey and Cambridgeshire were in fifth place at 12 per cent, followed by Buckinghamshire at 11 per cent, Oxfordshire and Wiltshire at 10 per cent.   However, central London remained the most expensive, with a six per cent average increase in price to £4,624,918.  The average price of a four bedroom house in Dorset is £618,156.

In the top 10 table for price growth for detached homes, North-west London was first at 15 per cent, with Wiltshire, Oxfordshire, Essex and Hertfordshire close behind. Greater Manchester showed growth of 10 per cent, along with Dorset and Cambridgeshire.

The research into the performance of house prices by county in 2014 in England and Wales for Jackson-Stops & Staff, which has more than a century of experience in the prime property market, showed that Oxfordshire,  Hertfordshire and Surrey are the top performing counties across all price ranges outside London. with double digit average price growth and strong price inflation across the whole range of property stock. In Hertfordshire, average asking prices reached £636,368 in December, up from £569,870 the previous year whereas Oxfordshire has seen year on year price growth of 15 per cent, just below Greater London at 16 per cent. Surrey meanwhile, has seen average asking prices rise to £732,235.

Counties including Wiltshire, Cambridgeshire and Berkshire all displayed nine per cent annual average price inflation, highlighting wider levels of recovery throughout southern England, with strong price growth beyond London and the Home Counties. This is a positive message for those counties outside of the traditional commuter belt, with steady growth recorded in Somerset, Dorset, Gloucestershire and Warwickshire.

While Hertfordshire and Oxfordshire performed well in all property sectors, the top performing counties differed depending on property type and bedroom count. In terms of first time buyers of one or two bedroom properties, there are six counties appearing in the top 10 for both counties – Hertfordshire, Warwickshire, Berkshire, West Sussex, Buckinghamshire, and Oxfordshire, excluding London. Berkshire saw a 12 per cent and 18 per cent rise in asking prices for one and two bedroom properties respectively, whereas West Sussex recorded 11 per cent and 10 per cent respective price growth.

While Wales and Northern England have seen stagnation or deflation of up to -3 per cent, price growth is slowly dispersing across the UK with levels of steady growth beginning to creep into the Midlands and beyond. The area is set to see rising property values and economic growth, thanks to Government plans for increased investment in infrastructure, which should have positive repercussions in the next few years.

Nicholas Leeming, Chairman of Jackson-Stops and Staff, comments: “The economic recovery remains on track but is still fragile in areas of the country well away from London and the south east. Although there  is clear evidence of a slowdown in some parts of Central  London, this research shows much to be positive about in 2015. Some counties in South-east England have recorded growth just shy of the levels experienced in London and this is having a knock on effect further afield, with counties such as Dorset, Wiltshire and Oxfordshire, outside of the traditional commuter belt experiencing steady levels of growth.”

The data was sourced from home.co.uk in December 2014 by Insight Advantage for Jackson-Stops & Staff and is based on average asking prices.

February 9, 2015

Storybook homes

Filed under: Latest News — Four Communications @ 5:18 pm

Recent film release Into the Woods is an amalgamation of many of our most familiar and favourite fairy tales and has brought the magic of these treasured stories to the forefront of the public imagination. From Sleeping Beauty’s glittering palace to Hansel and Gretel’s woodland lodge, the homes of fairy tale folk are integral parts of every story and offer the set for the adventures of all characters– from woodcutters to kings. We have put together a collection of homes currently on the market with Jackson-Stops & Staff which seem to have been lifted straight from the pages of one of these storybooks.

Pinchin’s Cottage in the village of Notgrove, Gloucestershire, would be the perfect home for Jack and his beanstalk. The quintessential Cotswold cottage dates back to the 17th century and benefits from mullioned windows, a slate roof and a dry stone wall which surround the property and its half-acre of grounds. Within the house there are three bedrooms, kitchen, living room and dining room with large inglenook fireplace. Notgrove lies in the heart of the Cotswolds and has a thriving cricket team and village hall. There are regular train services to London Paddington from Kingham station, 13 miles from Notgrove. The property is on the market for £575,000 with our Chipping Campden office (tel.: 01386 840224). For more information, please click here.

Furzeleigh House occupies an enviable and peaceful setting amongst the blissful rolling countryside of the Axe Valley, approximately four miles north of the Jurassic coastline, a designated world heritage site. The Edwardian house has seven bedrooms – ideal for Snow White’s dwarves and sits within 37 acres of grounds, enough for a small principality! In addition to the main house there are three cottages, one being attached to the house, the others just a short distance away with separate access and parking. There is also a self-contained apartment, accessed from the main house, which also has its own private entrance. Surrounding the house and cottages are landscaped grounds, paddocks and woodland. The market town of Axminster is just one mile away. The property is on the market with our Dorchester office (tel.: 01305 262123). For more information, please click here.

Ware House, situated one mile from the market town of Buckfastleigh, Devon, is a substantial Victorian house with a central tower reminiscent of that from which Rapunzel hung her long locks. The seven bedroom ivy-clad property is in need of complete renovation; with the potential to be transformed into multiple residences should planning be approved. In addition to the large main house, there are a number of outbuildings and well-established gardens, which extend to approximately six acres. The A30 expressway with links to the M5 motorway network lies immediately to hand, providing dual carriageway access to both Exeter and Plymouth. The property is on the market for £625,000 with our Exeter office (tel.: 01392 214222). For more information, please click here.

With its thatched roof and pretty rendering, Grade-II listed Hempsheaf House has the look of a fairy-tale gingerbread house. Situated on the edge of the north Suffolk village of Stradbroke, the cottage is set back from the road, behind an in-out drive and within an acre of gardens. Internally, the property comprises four reception rooms, three bedrooms, a study, family bathroom and large kitchen. The playroom extension, with further bedroom beyond, offers the opportunity to create an annexe. Stradbroke is very well-appointed and includes a public house, bakery, butchers, library, junior and senior schools and a number of leisure facilities. Diss, 12 miles from Stradbroke, runs trains to London Liverpool Street in 90 minutes. The property is on the market for £400,000 with our Ipswich office (tel.: 01473 218218). For more information, please click here.