So why are buyers queuing up to see properties in East and West Molesey? Truthfuly, no-one really knows as there are many factors to consider; the general election, mortgage rates, budget cuts and so on.

Property markets have "boomed" after general elections in the past, and there have been a long list of additional factors that prevented this from happeneing earlier in the year. Our opinion is that buyers that would have made their purchase in the summer delayed their move, causing a bottleneck effect as they begin to start up their search in the East and West Molesey areas for the final quarter of the year.

Does this mean that the winter period will be unusually busy as well? Only time will tell. All we have to go by is that every season this year has acted out of character from what we are used to, our bet is on a strong market in Molesey right up until Christmas, but of course this is our totally bias opinion!

If you are planning a move, our property valuations and market appraisals are offered free of charge. Why not find out the value of your home so that you can make an informed decision on whether or not now is the right time to move!

T: 0208 396 6717

E: info@newtonhuxley.co.uk

Request a valuation, click the box below!

The current property drought is nationwide, with the average price of a property sold subject to contract in the UK in September at £221,797. On top of that, the supply of properties for sale is 14.3% down compared to 12 months prior, and 3.1% from August this year.

New instructions are also down 18.5% in London, where the average house price last month was £521,383.

Buyer activity is being magnified, with new buyer registrations up 8.4% annually, in particular the number of new first-time buyer registrations is up 7.4% with the current low mortgage rates.

What does this mean for the East and West Molesey property market?

Already we have seen a spike in new buyer registrations with many homes going under offer with the first seven days of marketing, and on average we are acheiving 98% of asking prices. A sure sign that there are more buyers per property.

The affect this has had on the Molesey property market is great news for those planning to sell in the near future. In the past 6 months property prices in East and West Molesey have increased by £15,583 on avg (2.86%), with 117 transactions in the KT8 postcode area in the same time period. 

For the first 6 months of 2015 there were 164 transactions which shows a drop in completed sales of around 28%. It is no wonder then that as the amount of new buyers searching for a home increases, and new instructions coming to market dropping, property prices have increased significantly.

This bubble will burst when mortgage rates rise and there are numerous reports that suggest this will happen in the not too distant future, when this happens we anticipate buyer activity will decrease and property values will level off temporairily. We therefor urge anyone considering selling to take advantage of the current market and to bring any plans to sell forward where possible.

Should you require a valuation and market appraisal of your home our appointments are offered free of charge and without obligation. Please contact our sales team on 0208 396 6717 to arrange your appointment.

Sam Kamali | Sales Director

07957 301 214 | sam@newtonhuxley.co.uk

With the recent opening of the Sainsbury's Local on Walton Road in Molesey, we looked into whether or not this would have an effect on local house prices.

Research conducted by Lloyds Banking Group earlier this year found that the price of a property within easy reach of a supermarket, is on average 7% higher than comparable properties within the same town.

You may not be too surprised to hear that the brand of supermarket also comes into play with Waitrose scoring the highest percentage premium at 12%, Sainsbury's at 10% and Tesco's at 8%. Having an Aldi or Lidl close by may actually have a negative effect on the value of your home of around 2-3%.

The effects of local supermarkets really do vary from region to region but in monetary terms, houses within walking distance of a supermarket command an average premium of just over £15,000. Needless to say, this local convenience is high on the shopping list for potential buyers!

If you live close by to the new Sainsbury's on Walton Road in Molesey and would like an up to date valuation of your home. Please feel free to get in touch on 0208 396 6717, email sales@newtonhuxley.co.uk or send us an enquiry.

At the start of 2015 there was a lot of speculation as to how the election would effect the property market. Following our launch in January we noticed that the market was incredibly price sensitive with pre election jitters.

As we gained more momentum and built up the number of properties we were marketing we noticed that many of the properties coming to us that had been unsuccessful with other estate agents were selling, and quickly. One example of which was a property in East Molesey that had been marketed for around 4 months by two established local firms prior to coming on with us.

In 4 days we were able to source a buyer and an askng price offer. Since then (March) the market has gone from strength to strength with confidence from buyers and sellers at high levels.

We are extremely pleased to report that the post election market is incredibly buoyant and we are achieving record results on a number of properties, with an average 98% of asking price achieved throughout 2015!

If you are considering selling your property or are currently on the market and experiencing a similar situation to the one mentioned above, please do give us a call on 0208 396 6717 or contact us to arrange a valuation. Whilst we cannot guarantee the same result, you can be confident that if it can happen, our proactivity and positive attitude will make it happen for you.

Residential Sales

Since December 2014 asking prices in Surrey have increased by 4.1%, although this increase is now showing signs of slowing down, demand for property is still high as shown below.

This impressive level of demand for property in the KT8 area leaves an average of over 59 home buyers per property. This is sure to keep the housing market in Molesey strong throughout 2015.

Residential Lettings

Government are promising more regulation within the rented sector, just one of many signs telling us that generation rent is here to stay. Locally, the KT8 postcode offers great choice and reasonable rent prices compared to neighbouring towns as listed below, further increasing popularity in the East and West Molesey areas.

If you are considering Selling or Letting your property with an Estate Agent in East Molesey, and require a specific valuation and market appraisal. Please contact us on 0208 396 6717 or email info@newtonhuxley.co.uk

ALL VALUATIONS ARE FREE OF CHARGE AND OFFERED WITHOUT OBLIGATION

Recent reports from Rightmove state that since the peak in June 2014, asking prices have decreased by 0.4%, hardly a cause for concern.

With the election drawing ever closer, and with buyers facing more hoops to jump through when applying for a mortgage, hitting the property market with as much instant exposure as possible is more important than ever. This means: High Quality Photography, getting your property listed on major property portals Rightmove, Zoopla and Primelocation. Furthermore, (and we know how "salesy" this sounds) making sure your agent is proactive and has a hunger for success. Photography and extensive advertising will generate interest in your property, but if the agent is not motivated in converting these enquiries into viewings and offers you will miss out. The first 2-3 weeks of your property hitting the market is when you are most likely to achieve the best price for your home.

If you are considering selling your property in East Molesey, West Molesey, Thames Ditton, Esher, Walton On Thames, Hersham or Surbiton and would like a free valuation please contact us on 0208 396 6717 or email sales@newtonhuxley.co.uk

Thank you for reading and we look forward to hearing from you soon!

According to Zoopla statistics, the current asking price for a property for sale in East Molesey is £766,459 and that property values have increased 6.9% in the past year alone, go back to 5 years ago and property values in East Molesey have increased by a staggering 27.4%.

For those who purchased a property at this time in East Molesey for £550,000 (approximate average value at that time) your property could now be worth in excess of £700,000!

There has been a lot of speculation as to how the property market will change with the looming general election. In fact, there are now more buyers looking to purchase a property with a fixed rate mortgage before the anticipated rise in interest rates. As local estate agents in East Molesey we can confirm this is exactly what is happening. The property market isn’t as complicated as some popular media streams may lead us to believe, it’s a simple case of supply and demand… When demand increases for property in your area, house prices can only go one way!

If you would like to know more about property for sale in East Molesey, the local market or would like to know more about our 0% launch commission rate (available until 7th March 2015). Please call us on 0208 396 6717 or email us at info@newtonhuxley.co.uk

Local residents of Esher, Thames Ditton, East Molesey and West Molesey may have already heard about our launch, especially as we are offering a 0% commission rate until the 7th March 2015. With demand for property in these areas increasing, and having lived locally for 25 years we knew the time was right to begin offering a service that refreshes the idea of estate agency and that will help realise the full potential of the local sales and lettings market.

Our business model is designed to stream line the process of selling and letting property, 95% of property searches now start online and in response we have invested heavily with additional Google advertising as well as additional advert presence on major property portals, Rightmove and Zoopla. This format has already proved successful in driving buyers and tenants to our clients properties.

Demand for property the KT8, KT10 and KT7 area is even higher than we anticipated, with this in mind we will continue to increase our online presence to ensure our clients properties realise their full potential.

Surrey Life Magazine as well as local Life publications will further increase exposure of our properties for sale and to let, look out for editorials planned later this year along with some of our finest properties for sale and to let in the Esher, Molesey and Thames Ditton areas.

We work for our clients 7 days a week, if you are planning to sell or let this year and want to try a new, energetic, knowledgeable and proactive estate agent then please call us on 0208 396 6717 or email info@newtonhuxley.co.uk. 

We wish everyone a fantastic 2015 and will keep you posted on local house prices and market conditions on a regular basis.

Best wishes,

Len & Sam