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 |

We are about to enter a sellers’ market, Halifax has put the average house price at £200,280, 3.3% higher than three months ago and up 9.6% from 12 months ago.

Martin Ellis, Halifax economist has said that the shortage of new properties coming onto the market has been a major factor in house price growth this year.

In a recent report from RICS (Royal Institute of Chartered Surveyors) confirms that the average number of properties on the market per estate agency is at a record low since 1978.

RICS said that both house prices and rents are likely to grow at a rate exceeding growth in wages.

Corporate Estate Agency LSL have also reported a 15% increase in sales last month. Signifying the start of the anticipated post-election boom.

Is it really a sellers’ market? We think so. Having reviewed transactions throughout the first six months of 2015 we can confirm there has been a steady increase in buyer activity. We can also see evidence that properties will begin securing buyers that have previously struggled to sell. Here are our reasons why:


Tory Victory In General Election

Many believed the post-election market would immediately take off, however confidence in the market that was anticipated did not arrive. Homeowners that were expected to put their property on to the market post-election delayed their move creating a shortfall in property stock for proceedable buyers, which has increased demand to supply ratio significantly. This is the main factor in our achieving over 98% of asking prices throughout 2015.


Low Interest Rates

Attractive interest rates have not just increased activity from buyers, many homeowners have opted for a remortgage and to stay put, further exasperating the current market. Recent media reports suggest that interest rates are set to remain low for the foreseeable future. In some cases remortgages are saving homeowners £100's of pounds a month on repayments – if you would like us to put you in touch with a broker to explore potential savings please call us on 0208 396 6717.


Increase In Buy To Let Activity

Partly due the lower interest rates available, there has been a jump in the number of investors registering for buy to let opportunities, increasing competition for property even further.

So what is the right choice for you?

For a confidential discussion, whether or not you are looking to Sell or Buy in the East Molesey, West Molesey, Thames Ditton, Esher or Walton On Thames area please get in touch on 0208 396 6717, email or request a valuation.

We all want to know that where we settle our family is the right place to get the best opportunities and quality of life. If you picked East Molesey, West Molesey, Esher, Thames Ditton or anywhere within the Elmbridge borough, you apparently made a pretty good choice!

If you haven’t decided yet, the table below outlines the top 50 places to live in the UK.




South East







Elmbridge South East 2 1,104 36.1
Winchester South East 3 780 15.5
Rutland East Midlands 4 623 13
Chiltern South East 5 941 34.7
Uttlesford East of England 6 819 16.3
South Northamptonshire East Midlands 7 691 16.9
Rushcliffe East Midlands 8 731 28
Wokingham South East 9 786 26
Waverley South East 10 903 16
Warwick West Midlands 11 704 37.8
St Albans East of England 12 1,010 28.1
South Cambridgeshire East of England 13 772 25.3
Sevenoaks South East 14 895 27.3
Richmond upon Thames London 15 977 51.3
Bracknell Forest South East 16 714 16.5
Mid Sussex South East 17 714 13.5
Huntingdonshire East of England 18 645 28.3
Mole Valley South East 19 870 20.4
Surrey Heath South East 20 768 16.8
South Oxfordshire South East 21 845 18.6
Stratford-on-Avon West Midlands 22 699 26.3
Guildford South East 23 833 29.3
Babergh East of England 24 649 17.3
Chelmsford East of England 25 761 24.8
Windsor and Maidenhead South East 26 853 55.1
Reigate and Banstead South East 27 865 27.3
East Hertfordshire East of England 28 817 23.7
Basingstoke and Deane South East 29 736 27.6
West Oxfordshire South East 30 715 12.2
Tunbridge Wells South East 31 813 17.6
North Hertfordshire East of England 32 790 19.4
South Kesteven East Midlands 33 614 24.7
Kensington and Chelsea London 34 1,372 57.8
Rugby West Midlands 35 644 48.1
Woking South East 36 794 37.5
Bromley London 37 877 67.7
Ashford South East 38 624 26
East Cambridgeshire East of England 39 748 26.6
North Kesteven East Midlands 40 576 16.3
Aylesbury Vale South East 41 706 24.9
Tonbridge and Malling South East 42 691 22
Wealden South East 43 800 11.7
Maidstone South East 44 646 28.8
Mid Suffolk East of England 45 658 12.3
Wycombe South East 46 805 42.4
Orkney Islands Scotland 47 632 1
Epsom and Ewell South East 48 815 31.6
Central Bedfordshire East of England 49 692 33.3
Hambleton Yorkshire and The Humber 50 609 19.6

Original article.

If you are planning to move into the area and would like some friendly advice on where to look based on your requirements, a member of our team will be delighted to assist in your property search. Call 0208 396 6717 or email

So what is the Molesey Carnival? If you are a long standing resident of Molesey you will know pretty much everything you need to know, but for those of you coming from out of town, we put together a few facts about the carnival and what it has done to help the local community:


  1. As the largest free even in Elmbridge, Molesey Carnival attracts some 10,000 people every year.
  2. Molesey Carnival is run by an amazing committee of volunteers that give their time free of charge.
  3. It is estimated that more than £2 million has been raised since the carnival began.
  4. The carnival has an outstanding track record of public order and safety with only 1 arrest in over 30 years.


The stalls on West Molesey recreation ground open at 11am with the parade starting from aroudn 1pm. The weather tomorrow is looking good so bring plenty of water and sunscreen!

For more information you can visit the carnival website here:

Elevating the Elmbridge property market

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East Molesey
15 The Parade
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