With a great transport network and London at the heart of the region, the South East remains a popular destination for both local and international buyers
Head of South East sales
The South East of England has seen record numbers of buyers leaving London in the last nine months. Families moving out of the capital along with local buyers wanting a change in lifestyle has resulted in a flurry of transactions since the first lockdown, and the South East has thrived due to its accessibility and variety of property it has to offer. We’ve seen exceptional demand for waterfront properties, especially with direct access onto a beach or estuary, and several highly competitive key sales have taken place off the back of this. With the sentiment shift of searching for green spaces or coastal retreats combined with the new-found ability to work from home, I expect this demand to continue for the foreseeable future.
Exchanges for property above £2m in the South East increased by 29% (2020 vs 2019)
Schools / nurseries rated ofsted outstanding
The average size of a property sold by Knight Frank in the south east region that is valued between £2 million and £7 million is 6,584 sq ft (2020)
Average age of buyers in the South East in 2019 (£2m+ sales)
The percentage of buyers in the South East who work in the financial sector (£2m+)
Where did buyers in the South East come from? (£2m+ sales, 2019)
The number of viewings for property above £2m in the South East has risen by 26% (2020 vs 2019)
The South East area has 6 Michelin star/Bib gourmand restaurants
Is the average price of a property sold by Knight Frank above £2 million in the area, in 2020.
Data provided by Chris Druce, Senior Analyst, Residential Research