ascot and virginia water view · 2018-11-05 · ascot and virginia water view 3 prime central...

ASCOT AND VIRGINIA WATER VIEW

Property Market Focus - Autumn 2012

2 ASCOT AND VIRGINIA WATER VIEW

WELCOMEWelcome to Ascot and Virginia Water View, ourseasonal update on the property markets that matterto you. Along with a snapshot of activity in Ascot andVirginia Water, we discuss what’s happening in thewider country house market and how it is affected bythe booming central London market.

We also outline how important it is toexpose your property to as wide anaudience as possible, and give you aglimpse of some of our properties inthe area, both for sale and sold.

Country properties are growing infavour with Londoners enjoying recordprices in the Capital and overseasbuyers benefiting from currencymovements.

Average country house prices fell inthe second quarter of 2012, taking theannual decline to 4.8%, according tothe latest Knight Frank Country HouseIndex.

The significant gap in priceperformance between the countrymarket and the booming prime centralLondon market does however presentan opportunity for the country market,with some London homeownerscashing in on the record-high values inthe Capital to get more property fortheir money in the country.

Prices in the country house market arenow just slightly higher than in 2009,while prices in prime central London

have risen by 48%. For example, aproperty valued at £1.8 million in primecentral London in early 2009 wouldnow be worth around £2.66 million, sothe owners would have an extra£864,000 to spend on a bigger countryhome or more land.

Furthermore, currency movements arehelping to make country property evenmore attractive to overseas buyers.Singaporeans can now benefit from a40% discount compared to prices backin March 2008, thanks to thecombination of house prices and thesecurrency movements. Those buying inUS dollars can benefit from a 34%discount, and Europeans can savemore than 20%.

The growing interest from Londonbuyers is demonstrated by theemergence of a number of country'hotspots' bucking the overalldownward price trend, many of whichare close to or within commutingdistance of London. Property prices inOxford, for example, rose by 2.5% inthe second quarter this year, whileHenley saw a 0.5% rise and Guildford a0.2% rise.

Sales by price band

Up to £750k 8%

£750k to £1m 14%

£1m to £1.5m 14%

£1.5m to £3m 28%

over 3m 36%

Where do our buyers come from?

International 24%

London 4%

South East 72%

* Figures reflect activity up to and including Q2 2012.

ASCOT AND VIRGINIA WATER VIEW 3

Prime Central London

How a £1m investment made £407 a day, every day,for three years.

Prime central London property pricesreached a new high in June, but withvalues almost 50% higher than theywere in March 2009, the rate of pricegrowth is beginning to slow.

Our index confirms that £1m invested incentral London property in March 2009would now be worth approximately£1.48m. This growth equates to anaverage monthly appreciation of£12,400, or £407 daily. Some marketobservers have questioned whetherthis strong price growth will continue.

Over the past few years internationalbuyers have seen London property as asafe-haven investment in anincreasingly volatile global economy.Evidence of this is the fact thatEuropean (non-UK) buyers accounted

for around 10% of the £2m+ centralLondon market between 2005 and 2010and now account for 20% (2011 and2012 to date).

While this safe-haven factor continuesto support the market, we arebeginning to see resistance frombuyers to ongoing price increases andthe difference between asking andachieved prices is beginning to widen,with the percentage of the asking priceachieved having fallen from 96% inMarch to 92% in June.

Taking your property global

Knight Frank’s 244 offices spanning 43 countriesmean that our properties receive interest frombuyers around the world.

With most buyers starting theirproperty search online, your home forsale has never had a wider audience.Most estate agents will have a directfeed to the ever-increasing number ofproperty portals, as well as displayingyour home on their own website.

However, to truly reach a global buyermarket and fulfil your property’spotential, you need a global platform,which is why Knight Frank’sinternational network and pioneeringuse of technology deliver a genuinecompetitive edge. Our global propertysearch is now available in over 15different languages, including German,Spanish, French, Russian and Chinese,and our iPad and iPhone app meansthat you can search for properties “nearme” wherever you are in the world.

With 600,000 visitors a month to ourwebsite, people from around the worldclick through to Knight Frank propertydetails every five seconds, meaningthat your property is exposed to thewidest audience possible. Any of the2.27 billion internet users across theworld could be the right buyer for yourhome; so it makes sense that we makeit as easy as possible for them to find it.

But it is not just digital media that isimportant, only a comprehensivepresence in the international marketthat can truly give your home theexposure it deserves. Our officesaround the world are constantly intouch and introducing buyers from onecountry to another. Whilst the internetprovides a valuable platform, weunderstand that busy people can

struggle to find time to search onlineand would rather build a relationshipwith a knowledgeable property expert.

To view the website visitsearch.knightfrank.com

James HeronPartner, Office Head - AscotT +44 (0)1344 [email protected]

Exceptional properties priced correctly stand every chance of sellingwithin the first 6 weeks of marketing.

ASCOT PROPERTY


PROPERTIES FOR SALE

Winkfield

Weekend retreat in Winkfield polocountry

Guide Price £695,000

Winkfield

Modernised period cottage with amodern feel


Sunninghill

Modern and stylish contemporaryaccommodation

Guide Price £1,200,000

Chobham

Charming cottage situated in a ruralpart of Chobham


WInkfield

Charming village home with ruraloutlook


Ascot

Delightful family home close to racecourse


SOLD PROPERTIES

WindleshamGrade II Listed attached property withlovely gardens requiring refurbishment


CamberleyCharming family home in sylvansetting

SOLD

Windlesham

Detached chalet style bungalowlocated in Windlesham village

Guide Price £550,000SOLD Guide Price £1,000,000SOLD

“Knight Frank was exceptionallyprofessional. They knew the market betterthan their global competitors.”Mr P Bertone

Ascot

A penthouse apartment close to Ascotracecourse


Chobham

An attractive 1930s family housesituated close to Chobham High Street


Ascot

A modern property close to Ascot HighStreet


Warfield

A country house with far-reachingviews


Sunningdale

Spacious, adaptable and convenientwithin Charters School catchment area


Warfield

Occupying a lovely position with viewsover countryside


Windlesham

A period house requiringmodernisation with separate cottage


Sunningdale

A chalet style family home overlookingChobham common

SOLD

SunningdaleClose to Sunningdale golf course

Guide Price £1,195,000SOLD Guide Price £1,250,000SOLD


Edward ShawPartner, North Surrey DeskCountry DepartmentT +44 (0)20 7861 [email protected]

It was a slow start to the year however activity has subsequentlyincreased significantly with an influx of foreign buyers, in particularfrom Russia and CIS, these buyers are however quality and valueaware.

PRIME PROPERTY

PROPERTIES FOR SALE

Wentworth

Family house with staff flat onWentworth


Chobham

An attractive country property withviews over the Surrey Hills


Wentworth

Magnificent new residence close to thethe village centre


Wentworth

A prestigious new 5/6 bedroom gatedresidence built by Octagon

Guide Price £4,850,000 Guide Price £4,500,000

Wentworth

6 bedroom house built in 2009 withindoor pool


SOLD PROPERTIES

WentworthBeautifully finished brand new 6bedroom house


Wentworth6 bedroom house overlooking the 17thgreen of the Championship Course

SOLD

Winkfield

Stylish Arts and Crafts home in theheart of polo country


Sunninghill

A spectacular penthouse apartmentwithin the Charters Development

“.. It has been a joy to deal with you and you have looked afterus very attentively from start to finish, always being on hand togive advice which we very much appreciate and it hasobviously lead to a very good outcome…”Mr W


Wentworth

Well-presented 5 bedroom home onmain island of Wentworth


Sunningdale

A spectacular and unique family homeproviding flexible accommodation


Sunningdale

A 6 bedroom new detached familyhome in a prime location


Wentworth

A magnificent new four storeyresidence on Wentworth


Bray

A stunning riverside residence on theprivate Fisheries Estate


Sunningdale

A handsome new house, built by thehighly regarded A & O Properties Limited


Windlesham

Stunning development opportunity inprivate wooded location

SOLD

Wentworth6 bedroom residence adjoining the14th fairway of Wentworth


Sunningdale

An exceptionally spacious family homewith over 8,500 sq ft of accommodation


Paul CockerhamPartner, Office Head - Virginia WaterT +44 (0)1344 [email protected]

Summer is generally proving to be busier and more productive thanspring. There has been a noticeable increase of viewings and offersbeing received.

VIRGINIA WATER PROPERTY

PROPERTIES FOR SALE

virginia water

Detached family home in prestigiousgated development


Virginia Water

5 bedroom family home close to thevillage centre


Virginia Water

6 bedroom house with outdoor pool,backing onto the Cabrera Trust land


wentworth

Exciting new development opportunityon Wentworth


Wentworth

Brand new 6 bedroom houseoverlooking fields


Wentworth

Brand new 6 bedroom house onWentworth, close to the village centre


SOLD PROPERTIES

Virginia WaterImmaculately presented 3 bedroomcharacter home


Virginia WaterModern 5 bedroom family home inpopular cul de sac

SOLD

Virginia Water

Well-presented townhouse on gateddevelopment

Guide Price £725,000SOLD Guide Price £875,000SOLD

Englefield Green

5 bedroom family home within walkingdistance of the village


Wentworth

4 bedroom family home within walkingdistance of shops and station


Wraysbury

Modern 6 bedroom house on the riverwith mooring


Englefield Green

Victorian house with detached annexeand stables, on the edge of the park


Wentworth

Superb new 5 bedroom house inpopular road on the Wentworth Estate


Wentworth

Well-presented family home of over7,000 sq ft, backing onto woodland


Englefield Green

5 bedroom family home close toEnglefield Green village centre


Englefield Green

4 bedroom family home in popular cul desac, close to the shops and village green

SOLD

Englefield Green5 bedroom family home built in 2004,close to the village green

Guide Price £1,275,000SOLD Guide Price £765,000SOLD

“Excellent andvaluableassessment ofprospects for saleand valuation in a tricky market,outstanding and frequentcommunication.”Mr & Mrs S


Gordon Hood FNAEAAssociate - Head of LettingsT +44 (0)1344 [email protected]

The lettings market continues to see a high level of demand across allprices ranges. 39% of the tenancies agreed have been to corporatetenants, proving yet again we have a mix of international tenantsbeing drawn to the area.

ASCOT LETTINGS

PROPERTIES TO LET

Sunningdale

Converted wing of this Grade II Listedcountry house

Guide Price £30,000 PCM

Wentworth

Recently built property of 8,954 sq ft inVirginia Water


Windlesham

Adjacent to the golf course with asuperb outdoor pool


Ascot

One of Ascot’s most sought-afterlocations with stunning gardens


Englefield Green

Imposing Grade II Listed Georgianproperty in Englefield Green


Windlesham

Superbly presented family property torent in Windlesham


LET PROPERTIES

Wentworth

Magnificent recently built mansion ofover of 14,000 sq ft


Wentworth

Beautifully presented Wentworth familyhome of just under 7,000 sq ft

LET

Englefield GreenSuperb town house in 10 acres ofcommunal gated grounds

Guide Price £4,700 PCMLET LET Guide Price £11,000 PCM

“Your professionalism, yourresponsiveness, your knowledge of thearea, you were absolutely great!”Mr & Mrs Brighton

Sunningdale

Impressive 6 bedroom detachedproperty in Sunningdale, near Ascot


Pinkneys Green

Stunning home within beautifulgardens and an outdoor pool


Windsor

Contemporary interior and wealth ofcharacter, overlooking the Long Walk


Mortimer

In the beautiful Berkshire countrysideis this refurbished farm cottage


Ascot

Built by Sir William Waldren, refurbishedand comprising 2 bedrooms


Windsor

Built in 2007, with 2 bedrooms, closeto town centre


Winkfield

Family home in glorious locationoverlooking paddocks, close to Ascot


WinkfieldModern penthouse apartment close toWindsor Great Park

LET

Martins Heron

Well-presented 4 bedroom familyhome on popular development

Guide Price £1,650 PCMLET Guide Price £2,600 PCMLET

Important Notice This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank to the form and content within which it appears. 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Any computer generated images are indicative only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT : The VAT position relating to the property may change without notice. Knight Frank LLP is a limited liability partnership registered in England with registered number OC 305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names.

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UK NETWORK1 Aberdeen2 Ascot * 3 Basingstoke 4 Bath 5 Beaconsfield 6 Berkhamsted 7 Birmingham8 Bristol 9 Cardiff10 Cheltenham 11 Cirencester 12 Cobham * 13 Edinburgh 14 Esher * 15 Exeter 16 Guildford 17 Harrogate18 Haslemere 19 Henley-on-Thames

20 Hereford 21 Horsham 22 Hungerford 23 Lauder 24 Leeds25 London † 26 Manchester27 Newcastle 28 Oxford 29 Sevenoaks 30 Sheffield 31 Sherborne 32 Stratford-upon-Avon 33 Sutton Coldfield 34 Tunbridge Wells 35 Virginia Water36 Winchester 37 Worcester

* Lettings Service † 19 offices across Central London

who will appreciate it as much as you do. This is why, when it was time for Keith and Sally

“Knight Frank understood the property… our home is all about the setting”.

The sale is in the detail.

KnightFrank.co.uk/FranklySpeaking

Knowing the best hiding places

KKnnoowwiinngg tthhee bbeesstt Knowing the sunniest Knowing the new owners have all this to come

To hear more about why the Bowrys chose Knight Frank, visit our website or call 020 3641 9565.

Virginia Water20 Station Approach,Virginia Water, Surrey, GU25 4DW+44 (0)1344 840 020KnightFrank.co.uk

Ascot59 High Street, Ascot,Berkshire, SL5 7HP+44 (0)1344 624732

ascot and virginia water view · 2018-11-05 · ascot and virginia water view 3 prime central...

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