Why move to Sunningdale and Sunninghill

PUBLISHED: 13:02 26 August 2009 | UPDATED: 16:12 20 February 2013

A new Rectory home, in Sunning Avenue, Sunningdale is on the market for £2.75 million, with Knight Frank, tel:01344 624732

A new Rectory home, in Sunning Avenue, Sunningdale is on the market for £2.75 million, with Knight Frank, tel:01344 624732

Things are certainly looking up for estate agents - and sellers - in this pleasant corner of Berkshire...


Things are certainly looking up for estate agents - and sellers - in this pleasant corner of Berkshire


Even the housing market in villages as affluent and sought-after as Sunningdale and Sunninghill has been having it tough over the past year. Prices have certainly dropped, but by nothing like the amount in less well-heeled parts of the Home Counties. And over the summer those longed-for 'green shoots' seem to be blossoming, according to housing experts.


"We are flying; literally bouncing off the walls at the moment," says Gary Brookes, owner of estate agents Waterfords. "We've had a real turn of fortunes." He freely admits that last year was "awful" but in the last few weeks he says the market seems to have taken off once more, with an amazing average of three offers per property.


Of course those offers are usually under the asking price - around about 10 per cent below - but a £975,000 house received two full price offers within a week of going on the market with his agency.


Such a demand means that there is a dearth of higher-end properties at the moment. Dan Burstow, head of Savills Sunningdale, says: "We are experiencing a real shortage of good quality stock priced between £750,000 and £2 million and, as a result, this level of the market in Sunningdale and Sunninghill is currently very buoyant. The market here has, traditionally, been very seasonal and we are anticipating that September and October will be busy with many purchasers wanting to make a move before Christmas and take advantage of the current historic low interest rates."


Antony Edwards, the owner of Edwards & Elliot agrees. He says: "The general feeling is that the market will be particularly buoyant in the autumn as long as finance is available. This is backed up by the increased activity of our professional and surveying department where demand is considerably higher than this time last year."


Hamptons International Sunningdale has also seen the number of sales agreed this summer make a giant leap - 80 per cent up on last year. And, says Julian de la Poer Beresford, there's rarely been a better time to buy. He comments: "With house price affordability the best it has been for years, the pent-up demand in the market is now moving. As widely expected, lenders are preparing for a revival in the market, increasing their fixed rate offerings, therefore encouraging buyers to act now to avoid missing out."


And if you're wondering about making a move, Julian has some advice: "For those that have been thinking of moving for a while, but have been waiting for the right moment, the time has come!"

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