Prime market outperforming rest of property market

The team at Waterfords Estate Agents have discovered that all 10 regions across England and Wales have registered an outperformance of prime homes (top 25% of sales) in the 12 months to end of October 2022.

This ranges from 4.8% growth in the North East to 11.1% in the South West. The average rate of annual growth for the top quartile of the market stands at 8.4%.

Prime markets have, on average, increased 2.7% more than the market as a whole.

Nationally, house price growth has slowed considerably overall but there will remain opportunities for growth, including in prime markets where buyers have more equity and are less reliant on mortgage finance.

Waterfords are here to help

Waterfords are your trusted estate agent in Camberley, Chobham, Fleet and Yateley. Get in touch with a free, no obligation appointment to discuss your requirements. We are happy to provide advice on the current property and financial market, tailored to your specific circumstances.

Camberley: 01276 66566

Chobham: 01276 858589

Fleet: 01252 623333

Yateley: 01252 870222

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Source: Dataloft, Land Registry (12 months to end of October 2022, calculated on £ per square foot basis)