On the move…
By Steve Cook – Partner Clarke Gammon
With more than 100 years in the property business, at Clarke Gammon we have seen many of the ups and downs of the local property market over the years.
What these experiences tell us, despite the rather gloomy media speculation about house prices and what may or may not happen next year, is that people continue to have children, move jobs, trade up or down and retire, and these life events inevitably mean a home move.
Current Market Activity
The run-up to Christmas has been unseasonably busy, almost up to the last day we have had buyers viewing properties and sales being agreed.
With more new buyers than we would normally expect coming to the market, this has promoted a good number of sellers to put their homes up for sale in preparation for the busy post-Christmas market.
Boxing Day
The days between Christmas day and New Year’s day, particularly Boxing day, are typically some of the busiest days of the year for both property portals and our own website.
Last year, we experienced over 55% more website traffic than the previous year and given the activity within the local property market in the run up to Christmas, we anticipate another busy one this year.
It’s all about the Gap…
As the market slowly transitions from being a heavily biased seller’s market to being a much more balanced, less frantic market where buyers have more choice, more time to decide and even an opportunity to see a new home and be able to put their current home up for sale before it’s snapped up by someone else.
There is of course uncertainty, fueled by negative media speculation. Consequently, I’m often asked for advice on how to buy and sell well in the current market. The key to buying and selling property in more uncertain times is to not necessarily focus on the price of the property you are selling, but to think about it in terms of the gap between what you sell for and the price you can negotiate on your onward purchase.
There are some very motivated sellers out there that understand that it’s the gap that’s important, if you can negotiate a deal that works for both you, as well as your seller and buyer without having to pay top dollar and reducing your borrowing in the process, then it’s a win for everyone.
On the move in 2023?
Here is a selection of homes that have recently come to the market and are worth a look over the holidays…
Petworth Road, Chiddingfold – Price Guide £875,000
A superbly presented, charming, character late Georgian Grade II listed double fronted cottage backing onto fields in the popular village of Chiddingfold. Rose Cottage was built in 1832 and has been carefully modernised and restored – Read more
Prestwick Lane, Chiddingfold – Offers Over £1,000,000
An Exceptionally Unusual Detached Character Property enjoying a delightful rural location within an Area of Outstanding Natural Beauty (AONB) lying between Haslemere and Chiddingfold. Read more
Court Close, Liphook – Price Guide £550,000
An extended four-bedroom semi-detached home, located at the end of a quiet cul-de-sac at the very centre of Liphook Village within yards of all the key facilities. The original house benefits from a two-storey side extension providing… Read more
Bordean Manor, Bordean, Petersfield – Price Guide – £425,000
East Lodge is an individual period cottage with attractive elevations of exposed stonework, half tile hanging and impressive chimneys. The accommodation is charming, the living room has a sizeable inglenook fireplace… Read more
Inwood Lane, Seale, Farnham – Price Guide £3,250,000
Inwood Manor is beautifully positioned on a private lane with far-reaching views along a valley over undulating countryside. This superbly proportioned Country House sits within five acres of grounds and gardens… Read more
Considering a move?
If you are thinking of buying or selling in the New year, or need some help or advice on property related matters, please give me a call at our Liphook office, I’m always happy to help.
Steve Cook
Partner Clarke Gammon
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