This is the week of "back to school", of new pencil cases, school uniforms and trips to the barbers. It is also the most popular time to sell for those looking to move before the end of the year.

The past two years have been somewhat unpredictable, we've had a general election, changes in stamp duty bandings, the EU refurendum, and a new Prime Minister. Depending on who you are, these recent events have brought about positive or negaitive news. One thing is for certain, all of the above gives would be buyers an excuse to sit on their hands and to wait and see what everyone else does before deciding whether or not to buy.

It appears now that buyers are ready to come out in force, perhaps this is due to the drop in interest rates to 0.25%, or perhaps those expecting the sky to fall down after the Brexit vote have realised that it's safe to come out of hiding and continue with business as usual.

In the past week we have seen a 466% increase in email enquiries compare to the previous 7 days, and a 75% increase in telephone enquiries specifically relating to properties for sale. All in all a 541% increase in enquiries for our properties in the past 7 days.

For your properties to Buy  Last 28 days   Last 7 days   Previous 7 days   % weekly change

Summary Views

291,043 81,016 50,202 + 61.4%

Detail Views From Summary

9,758 2,701 1,732 + 55.9%

Extra Detail Views

16,096 4,759 2,437 + 95.3%

Total Property Views

316,897 88,476 54,371 + 62.73%

Emails Sent 

33 17 3 + 466.7%

Total Calls

73 21 12 + 75.0%

Total Leads

106 38 15 + 541.7%

 

This is indisputable evidence that acitivty is increasing and that we are set for a busy September in terms of interest from buyers. If you've been strategically waiting to bring your property to market the end of Summer, it looks like you have made a very good call indeed.

For those that are planning to sell in the post-summer market this year, why not invite us out for a FREE no obligation market appraisal of your home?

Don't forget that our Sole Agency commission rate has been reduced to 0.75% + vat until the 30th of September!

Molesey & Thames Ditton:

0208 396 6717 | molesey@newtonhuxley.co.uk

 

Esher                    

01372 631 622  | esher@newtonhuxley.co.uk

 

Walton On Thames          

01932 481 338  | walton@newtonhuxley.co.uk

We were very happy when we were invited to sponsor The Orchard Derby at the Conservative Club on Walton Road, after sponsoring the school's Christmas Fair last year with a fantastic response from local parents of children at the school, we couldn't wait to help out again!

The evening consisted of lots of laughter, alcohol and food which for us is a winner every time! Especially when it helps to raise funds for the school.

We look forward to the next event and hope our close working relationship with The Orchard School will continue to grow.

As always, thanks to the parents and local commutinty for their continued support. We have heard from many residents that our service is a "breath of fresh air" which let's us know we're on the right track in achieving what we set out to do in opening a local, online and full service estate agent in Molesey.

Words by Natalie Kitchin | Property Consultant at Newton Huxley, Molesey.

The Princess Alice hospice hold a special place in my heart, as I’m sure they do for so many other members of the community. For 30 years they have been there to support people with cancer and other life-limiting illnesses. Just this year my family and I found ourselves calling upon this fantastic organisation, whose compassion and care was second to none as we faced such a difficult and challenging time.

So as soon as I found out about the Towpath Trundle, safe in the knowledge that I could give something back I strapped on my walking shoes (which those who know me can tell you, isn’t something I do lightly!) and accompanied by my Mum and our two dogs we began the 23rd annual 8 mile walk!

We were absolutely blessed by the weather with blue skies shining on us for the duration.

 

Despite having grown up in Walton, it is easy to forget the beauty that surrounds us, walking along the river helped me to remember what a beautiful area it is and just how lucky I am to have spent my life here. Helped along by some ice creams we found ourselves enjoying our walk, especially the tranquillity of the river and the wildlife that comes with it.

 

Along our trundle it was so lovely to see so many committed people taking part, as we walked we managed to find Wally and also bumped into a few fairies!

After two hours we reached the finish line, we triumphantly collected our medals and treated ourselves to a slice of cake and settled down on the grass to enjoy the company of those who had also taken part. It was so fantastic to be surrounded by so many charitable people in our own community, but also to see just how many lives the Princess Alice Hospice had touched and made a difference to. 

Princess Alice Hospice have provided free, expert end of life care to thousands of people with cancer and other life-limiting illnesses over the past 30 years.

Their compassionate support and advice has also helped families come to terms with the loss of a loved one and provide support throughout the grieving process.

The Towpath Trundle is a yearly event which offers prople the chance to help fundraise and ensure the Princess Alice Hospice is able to continue the truly amazing and important services they provide. Participants can choose their starting point between Walton Bridge or Sadlers Ride in Molesey and can decide between a 4 or 8 mile route, and there is no requirement to complete the whole course, just a £7 (£8 on the day) entry fee. You could even tie in a picnic by the river en route! Fancy dress is encouraged and prizes/ trophies will be awarded to the biggest teams and biggest fundraisers on the day. This fantastic family event also includes sideshows, toy stalls, a magician, marching band, refreshments and much more for all participants.

All in all great way to support a wonderful cause and an inexpensive day out for the whole family.

Different routes available for those with prams and prizes given to the best dressed buggies!

Contact PAH via 01372 461808 or email
supportercare@pah.org.uk for more information.

Keep an eye out for our boards in the local area sponsoring the event! We'll be announcing the amount raised shortly after the event.

 

Back in 1997, Kim and JP Gravier opened Le Petit Nantais on Bridge Road in East Molesey and, with the help of their daughter and dedicated team, they have successfully made the restaurant what it is today. 

Le Petit Nantais specialise in classic French cuisine with a modern twist. All produce is sourced from the best possible suppliers including Billingsgate and Smithfield markets, as well as bi-weekly deliveries direct from France to ensure authenticity of flavour and quality. 

"The term "family run business" means a lot to us as, even though some our team are not physical family members, we're our own little family of misfits that have worked together now for over a decade together."

"The best part about living and working in the Molesey and Hampton court area is the real sense of community. Everyone knows each other and looks out for one another's homes and businesses. Whenever there are events in the area everybody gets stuck in and you just don't get that in other villages anymore."

"We are currently running our "Frapas" menu every lunch time designed around the idea of little bites and sharing dishes of all your favourite French classics. One of the reasons we started this menu was because one thing our customers always say is that they can never choose which dish to have; this way they can have a little bit of everything they like without needing to be wheeled out the door! The other main reason for this menu is hopefully try to prove that dining French does not have to mean breaking the bank. The common misconception we have seen is that French food is expensive and we hope that this quashes that belief."

"Like all businesses we have had our ups and downs but with my fantastic team and talented husband by my side I am proud of all that we have achieved and will continue to achieve in the future"

Feeling Hungry?

Take a look at their a la carte and "Frapas" menus: www.lepetitnantais.com, follow them on Twitter @LPNantais, find them on Facebook or follow JP on Instagram @jplechef to see all latest deals and weekly specials. 

For all enquiries/bookings you can call 02089792309 or call/text 07796266006 

Or drop them an email at jp@lepetitnantais.co.uk 

Recent Rightmove data shows that more homeowners in East & West Molesey are choosing Newton Huxley Estate Agents to sell their home over any other Molesey Estate Agent.

It really is great to see how recommendations spread fast. The team has worked tirelessly to provide all of our customers with a friendly, straight forward and diligent service. In such a competitive market and at a time when stock levels are lower than usual (a.k.a "a sellers market") we see our commitment to providing the best service available in estate agency really working wonders.

A sellers’ market is something that many home owners will welcome (especially if you're not making an onward purchase), as this inherently pushes property values upwards. However, the dangers of over pricing can also increase as agents "starved" of new instructions seek to impress potential clients with over inflated valuations. Not only can this throw a real spanner in the works in terms of the time it takes to sell your property, but it can also encourage low offers if your property remains on the market for a prolonged period of time.

Here are three ways we think sellers in the Molesey area can avoid the aggravation of price inflation:

1. GET A ROUGH IDEA ON THE VALUE OF YOUR HOME.

Simply having 2 or 3 estate agents out to value your property may not be enough, it may seem obvious but looking at other properties that are currently on the market, or that have recently sold will give you a very good idea of what your property is worth.  A simply way to judge another property by comparison to yours is to check photographs for condition and floor plans for size. If the property is not under offer, check the listing history to see how long the property has been on the market. The internet is overflowing with local property price information and we have access to archive data on literally 1000's of properties. (contact us for more information 0208 396 6717 | info@newtonhuxley.co.uk)

 

2. BROWSE THE WEBSITES OF POTENTIAL AGENTS.

We are surprised to learn that many of our clients ONLY call us because they have noticed "sold" boards or have received a letter from us, you can easily tell if an agent is proactive and a consistent performer by the presentation of their website, and the quality of their property photography. If you want to achieve the best possible price for your home you need to attract as many buyers as possible, presenting your home to the market with great photos on an easy to use website will make all the difference. After all, there is a reason that Waitrose can charge more for a bag of sugar than ASDA. It’s all in the presentation!

 

3. AVOID ON LINE INSTANT VALUATION TOOLS.

Some property and estate agent websites offer an instant valuation. The algorithms used in these apps are nowhere near detailed enough to provide a reliable valuation of your property. In some cases, we have seen these provide valuations that are off by over 25%! Until additional data can be stored within these applications such as square footage and internal condition we recommend you avoid the temptation to use them.

 

The first two weeks of marketing your property are crucial, and an unrealistic asking price can not only put potential buyers off, but will encourage "low ball" offers if your property remains on the market for too long.

Interpreting the market correctly and setting your asking price at just the right level will help you achieve the best result possible. We are proud to report that more than 70% of the properties we have sold are at record prices when compared with similar properties in the immediate area, whilst achieving more than 98% of asking prices throughout 2015, many of which were previously on the market without success. Further proving that our model for selling property is highly effective.

If you are considering selling in East or West Molesey and the surrounding areas, and would like an independent valuation of your home without obligation and free of charge. Please call our team on 0208 396 6717 or email info@newtonhuxley.co.uk

We are constantly in need of additional stock to let to our register of tenants and we expect the new year to inspire many tenants to move home as per usual. Properties in; East and West Molesey, Esher, Thames Ditton, Walton On Thames, Hersham and Surbiton are of particular interest although all areas are eligible for the following offer.

We are offering to secure a tenant for your property within 2 weeks of marketing, and in the unlikely event that we are unable to do so we will reduce our letting fee by 50%.

Instructions to market your property must be received by the 14th January 2016. For more information, please feel free to contact me directly on 07885 206 at len@newtonhuxley.co.uk or via the office contact information above.

Terms and Conditions apply – available upon request.

The Magical Molesey event is hosted every year on Walton Road in East Molesey. Local businesses offer discounted goods and raise money for good causes, all in the name of the festive season.

Our friends at Musicland East, East Molesey will be switching on the lights on Walton Road that evening along with carol singing from local schools and community groups. We also plan to have a few Xmas treats outside Belhaven House on Walton Road, East Molesey to help Sakura Hair and Body Retreat raise money for their selected charity.

We're no doubt excited to be part of Magical Molesey 2015 which is on the 2nd December 2015 starting at 5pm. We look forward to seeing our fellow Molesey residents there.

For more information and a photo gallery of previous Magical Molesey events you can visit the Molese Life website here:

Magical Molese | Molesey Life

 

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

Elevating the Elmbridge property market

Visit us in Molesey
33 Bridge Road
East Molesey
Surrey
KT8 9ER
VISIT US IN ESHER
15 The Parade
Claygate
Esher
Surrey
KT10 0PD
© 2016 Newton Huxley Ltd | Company Reg Number: 09266316
Design: ExpertWeb
map-markercalendar-fullchevron-down
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram