Property prices continue to soar in the South East…

November 6th 2014
By: Melanie Hollidge
Property prices continue to soar in the South East…

The South East property prices now outstrip growth in the capital - house prices have increased by as much as 10% over the past year. Which makes the South East the strongest growing county in the whole of the UK.
Surrey has always been very popular with buyers as properties offer great value for money compared to city prices, an easy commute, highly rated schools, good public services and all set in some of the most stunning countryside in England.
Miles Shipside, Director at Rightmove told the Guardian newspaper: “The ripple effect of buyers priced out of London combined with those cashing in and moving out of the capital means that the south-east has taken London’s boom-town crown,” Shipside continued “Upwards price pressure is being further fuelled by a reluctance of homeowners in the hotspots of the south-east to come to market.”
According to the property website Rightmove, average house prices have increased by 2.6% in the period between September and October, with the average house in the UK now costing £271,669 compared to the average price in the South East which is £335,874.
Goodfellows Cheam Village currently have this three bedroom flat (featured) available at £275,000 in Tabor Court, High Street, if you would like to find out more information or would like to arrange a viewing please contact us on 020 8643 5252.
If you are looking to buy a property in the South East why not pop into your local branch of Goodfellows for a chat and a coffee or call our team on 0845 3727070.
Source: The Guardian