REGIONAL INSIGHT
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Hamish Humfrey
Head of South West Sales
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We’ve been unbelievably busy in the South West. The area has a lot to offer – countryside, coast, decent schools and a good road and train network. There’s been a noticeable shift in attitudes. More people want the lifestyle that this area offers and no longer view it as being so remote. They’re happy to be more disconnected from London and to dip into it when necessary. The average sale price in the area has increased by 6%. It’s generally good value for money with the many lifestyle benefits. Plus, places like Bristol, Bath and Exeter are centres in their own right. There’s an increased demand to be in or close to those cities that provide the best of both worlds.
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“There’s been a noticeable shift in attitudes recently. More and more people want the lifestyle that this area offers and no longer view it as being so remote”
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Highest value sale in 12 months to October 2022
£38m
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SQUARE FOOT
Average size of a property sold in 12 months to October 2022 (£2m+)
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18
Michelin-starred restaurants
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Change in average sale price vs five-year average in 12 months to October 2022
Outstanding schools and nurseries
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259
Average sale price, 12 months to October 2022 (£2m+)
Where do buyers come from? £2m+ exchanges year to October 2022
South West
London
South East
International
East of England
East Midlands
North West
Scotland
12 months to October 2022 vs five-year average (£2m+)
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RECENTLY SOLD IN SOUTH WEST
Here are some of our recent successes in the South West market