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.

If you are currently considering Selling or Letting a property, you will no doubt be exploring local agents and arranging valuations. You will be asking them how much they believe your property is worth, what commission they charge, what experience they have in your area and so on. There's no need to ask where they will advertise your property because we all market properties in the same places right?

Since the launch of Rightmove back in 2000, buyers and tenants have been able to access nearly every single property available in their chosen area with a few clicks. At first Rightmove and Zoopla (FindaProperty at the time) presented a low cost to agents of around £1 per property per month, and estate agents across the country embraced these new lead generators with open arms. Gradually however, agents became dependent on these property portals and soon the related costs began to rise into the hundreds and now thousands of pounds per month.

Now this may seem like bad value for money for estate agents, but consider this. The average price of a property in Molesey for example is over £500,000, let's say a typical high street agent will charge 1.5% to sell your property, a commission of £7500. This agent could sell 1 property per week and still generate a profit, even with the significant cost of the property portals. Sounds like good value for money to us!

However some agents felt this was not the case, and so OnTheMarket.com was formed. Founded by a group of some of the industry's biggest players, this new property portal has been launched to bring prices down for estate agents nationwide and to put a stop to Rightmove and Zoopla's duopoly of online property marketing.

Why should you care about this?

Rightmove and Zoopla state that over 90% of buyers and tenants look for property online first, before going into a local branch and before picking up the phone and calling agents in the area. When your property goes to market, it is essential that this 90% of your target audience can find your property! If your agent does not advertise online you are almost certain to have to wait longer for a buyer/tenant and will most likely not achieve the best possible price.

The majority of agents that have decided to move their properties to OnTheMarket.com to save themselves money have dropped advertising with Zoopla.co.uk, as Rightmove is widely regarded as the most effective property portal. If your agent advertises with OTM instead of Zoopla.co.uk your properties exposure to potential buyers and tenants will be approximately 95% LESS by comparison according to data released by Hitwise.

Your property will have to be listed with OnTheMarket.com for a year compared to 3 weeks on Zoopla to be seen by the same amount of potential buyers or tenants. So while local knowledge, experience, and competitive commission rates are important. They are worth nothing if your agent is not advertising your property correctly. It is in your best interests when searching for an agent to Sell or Let your property, that you make sure they are on both Rightmove and Zoopla first. You will ensure you get maximum exposure helping you to get an offer quickly and achieve the best possible price.

For more information on how to ensure the best marketing for your home, please call us on 0208 396 6717 or email info@newtonhuxley.co.uk

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