Cobham property market: autumn trends 2018

Cobham property market update

I’m in my 15th year at Grosvenor Billinghurst and I’ve seen the local property market change not just year-on-year but season-on-season as well. Although summer is a distant memory, the activity we saw during July and August is beginning to bear fruit now, and there’s further good news as more sellers and landlords are coming to market. Here’s the autumn view from my desk at No.8 Cobham High Street but if you’d like a personal property briefing, contact me by clicking below.

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Cobham property sales

Forget national averages and newspaper headlines, if you’re looking to buy and sell in Cobham, only specialist statistics from honest Cobham estate agents will give you an accurate reflection of the local market. This year has been stunning for sales - the six months between January and June 2018 were the best ever half year in our 15 years of trading in Cobham, and the run in to Christmas looks buoyant. “We’ve registered four sales at the Cobham office and have seven new client instructions within the last two weeks,” comments Director, Gareth Davies. “

Take advice on asking prices

Many buyers will be taking a cautious approach to moving home, watching the wider financial and political outlook develop, so the emphasis will be on purchases that really make sense. “With this in mind, serious sellers need to be pragmatic when it comes to taking guidance on asking prices and adopting the best marketing strategy as we move through autumn,” adds Gareth. “We’d be delighted to advise on pricing as part of a free valuation.”

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Cobham lettings:

We’ll forgive tenants for getting caught up in the World Cup madness and enjoying the long, hot summer but after a lull, it’s back to business for Cobham lettings. “The autumn market has started swiftly with viewing numbers increasing and a number of properties being let since the end of the summer holidays, including several over the £10,000 pcm mark,” says Lettings Manager James Dodds.

Expats on the comeback trail

Cobham property to let is finding favour again with international tenants, with an increase in expat tenants being matched with properties by Grosvenor Billinghurst. “We have dealt with a number of international companies recently, from oil to global healthcare. This is a welcome change for a number of landlords, who may have struggled to secure a quality tenant at a good rental yield. Lettings will continue to be a good stop-gap for potential vendors who are waiting until Brexit has happened before attempting a sale - even for those with high-value homes,” concludes James.

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