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14 October 2020 Wednesday 14 October 2020 ON TREND, IN STYLE Sustainable cane and rattan: Page 24 Sales soar in the super suburbs Buyers flock to a safe haven PAGE 18 ALAMY homesandproperty.co.uk BEST LIFESTYLE NEWS SITE Winner 2020 18 WEDNESDAY 14 OCTOBER 2020 EVENING STANDARD Homes Property | Super suburbs Sales in super ALAMY suburbs soar propelled by stamp duty holiday As Covid continues to cloud our lives buyers play safe in ‘village’ retreats. By Anna White WICE as many homes have sold in Above right: London “super suburbs” as in the the Thames at rest of the capital since the intro- Twickenham, one of duction of the stamp duty holiday the top five London in July. Covid anxieties are driving suburbs for house Tbuyers to the leafiest villages in their search price growth this for a period home with a garden near good year schools, plenty of parkland and a bustling Right: Royal high street. Well-heeled families usually Exchange in family drawn to exclusive central London are also favourite Kingston, switching to the super ’burbs to find more where one-bedroom indoor and outdoor space. flats are priced from New data from Hamptons International £575,500 and shows the number of people who registered two-bedroom flats to buy in prime central London was up 12 start at £723,500. per cent this summer following the Chan- Call 020 3944 0193 cellor’s tax break, compared to 31 per cent for details in the super suburbs. “Buyers tell us they want to stay in the capital and yet enjoy what feels like village life,” says analyst David Fell of Hamptons International. Highgate, Chiswick, Wimbledon, Putney, Kew and ham. Prices fell in the more urban of these buy in the home counties, freeing up family even Balham are on the list. areas, namely Hackney (-0.9pc) and Canary homes for those upsizing but determined MONEY MAKERS Property prices reflect the popularity of Wharf (-1.6pc). Values also went down in to stay in the capital and close to work. The top 5 super ’burbs by annual house price growth 2020 search areas. The average value in the super Clapham (-1.2pc), already deemed to be “Since the property sector reopened in ’burbs is £865,000 according to Hamptons, pricey compared to Balham, and Petersham May, London’s prime suburbs have been Average Average Profit in price growth price 2020 versus a London average of £619,000. (-1.3pc) where there is typically slower turn- some of the capital’s busiest markets,” says In the last 12 months prices have jumped over of stock. David Fell. “Here, more than twice as many 1 Balham 7.4% £875,000 £293,000 in 16 out of 20 of these “villages”, rising most There is market momentum in these leafy homes came on to the market in comparison 2 Banstead 7.1% £1,002,000 £229,000 steeply in Balham, by 7.4 per cent, followed enclaves. Those already living in the outer to September last year, with those living in 3 Kingston 6.9% £746,000 £250,000 by Banstead, Kingston, Kew and Twicken- super ’burbs are more likely to cash in and prime suburbs more likely than anyone else 4 Kew 6.2% £893,000 £279,000 to move out of London altogether. 5 Twickenham 5.8% £884,000 £334,000 “Equally, buyer numbers are up by a third, Source: Hamptons International driven both by people looking to trade up within the capital alongside inward migra- tion from prime central London. The super ’burbs have been one of the biggest winners from the stamp duty holiday. With average prices of £865,000, almost all buyers here have enjoyed the full £15,000 saving.” SEARCHES SPURRED BY LOCKDOWN South-west London estate agent Rampton £600,000: a three-bedroom £750,000: a three-bedroom Baseley has recorded twice as many sales flat in Twickenham. Call flat with garden in Balham. over June to September compared to 2019. Knight Frank (020 4502 8066) Call Savills (020 8673 4111) “The fundamentals of the market did not change during the lockdown,” says founder Patrick Rampton. “People did not stop get- in the likes of Kingston or Barnes. West ting married, having children or getting Ewell, on the cusp of Greater London and divorced. In fact, the lockdown was like an HOMES & Surrey, also qualifies as a super ’burb, where extended version of the Boxing Day blues, PROPERTY the average house price is £489,000. where people are stuck at home looking at The most expensive of the super ’burbs is new homes on the internet. When the mar- ONLINE Hampstead, where the average house price ket reopened these people saw a window to Visit our is £1,513,000. move before Covid Part Two potentially “The market has shifted again in the last strikes this winter.” award-winning month as people start to put their homes on The most affordable of the super ’burbs is website at the market speculatively, aware that prices Canary Wharf, with average house prices of homesand are rising for now,” adds Patrick Rampton. £477,000, although residential stock in the “This means more stock for the same num- business district is dominated by apartments property.co.uk ber of buyers — but the sensibly priced and does not have the family scene on offer homes are still selling.” EVENING STANDARD WEDNESDAY 14 OCTOBER 2020 19 homesandproperty.co.uk powered by Property searching | Homes Property Neighbourhoods you never thought of living in: walk the path of discovery From £795,999: David Spittles left, apartments at Highstone House, completes his Manor Wood Gate, Enfield, search for new within walking distance of homes along the Cockfosters Tube. By Shanly Homes London Outer (01494 683917) Prices from Orbital Path £240,000: below left and right, homes at HE third and final part of Beam Park. This our home search of the 3,000-home new London Outer Orbital Path neighbourhood in — the Loop — on behalf of Rainham, post-lockdown buyers Havering, is Tseeking more space and greenery, getting a new takes us from Cockfosters to Purfleet, station with trains through coveted north and east to the City. Call London suburbs before reaching the 020 3733 1592 raw beauty of the Thames Estuary marshlands. Close to Hertfordshire, on the edge of the green belt, Cockfosters and its prosperous neighbour, Hadley Wood, form a hinge between town and country, with several renowned golf courses including one with a Georgian clubhouse set on a hill surrounded by parkland. Highstone House is a traditional- looking scheme of flats in gated grounds, halfway between the two HAMPSON TOM locations. Prices start at £795,999. Call Shanly Homes on 01494 683917. Purfleet is a key part of the Thames Nearby Trent Park was a Tudor Gateway development zone hunting ground and is now a smart stretching from Docklands to Tilbury. new address. The 413-acre estate’s It has a big freight terminal but the listed mansion is surrounded by town is a conservation area, too, with nature trails, bike paths, lakes, a military garrison that’s a scheduled woodland and a wildlife sanctuary. Ancient Monument. A £1 billion town Developer Berkeley Homes is centre regeneration has the green building clusters of semis and light from Thurrock council. This will detached houses plus new apartment bring 2,850 new homes, a new train blocks in 56 acres of private grounds, station, two schools and one of while older structures including a Europe’s biggest media villages. former dairy are being converted. A giant coup for the area is the There’s a gym within the original relocation of the Royal Opera House orangery, an outdoor swimming pool, set production workshop and tennis courts and a courtesy shuttle costume centre. Other arty bus to Oakwood Tube station, which GO FOR THE GREENERY on 020 3930 2690. Foreign exchange connected, via the Great Eastern organisations, such as Acme Studios, has 26-minute trains to King’s Cross The Loop continues on to the broker Jamie Monk, 26, works at main line and Central and District which provides affordable workspace on the Piccadilly line. suburban strongholds of Chingford Canary Wharf. “I loved the idea of line Tube. for artists, have followed. Prices from £565,000 to £1,995,000. and Chigwell, with giant green “back being surrounded by parkland and The 143-acre waterfront site will get Call 020 3944 1855. gardens” in the form of Epping Forest greenery while still being so well- THE CROSSRAIL BONUS a new boardwalk esplanade, plenty of and the Roding Valley. connected to central London.” He Crossrail is also reaching into this green space and woodland plus new ON TO ENFIELD LOCK Oaklands Hamlet, set in 53 acres on paid £275,000 for a one-bedroom flat part of Essex. Havering, London’s flood defences. Homes, to be built by The River Lee and the Lee Navigation the outskirts of Chigwell, has a and expects to trade up to a house. most easterly borough, is getting Swan Housing, will be for rent and for brought industry to Enfield in the tree-lined entrance avenue, a village Past Chigwell, the route meanders three Crossrail stations, at Romford, sale, with at least half of modular late-Victorian period but there’s green and incorporates a new country through woodland and farmland, Gidea Park and Harold Wood. construction, an eco-friendly factory plenty of green space, too, while park. Detached houses cost from making this one of the most rural Onwards to Upminster Bridge, on system that keeps prices more eco-friendly new districts are £699,950.
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