Hampshire view Property Market Focus - Autumn 2012 2 Hampshire view WELCOME Welcome to the Hampshire View, our seasonal update on the property markets that matter to you. Along with a snapshot of activity in the county, we discuss what’s happening in the wider country house market and how it is affected by the booming central London market. We also outline how important it is to the capital to get more property for Andrew Rome expose your property to as wide an their money in the country. SW Regional Chairman T +44 (0)1962 850333 audience as possible, and give you a
[email protected] glimpse of some of our properties in Prices in the country house market are the area, both for sale and sold. now just slightly higher than in 2009, while prices in prime central London Country properties are growing in have risen by 48%. For example, a favour with Londoners enjoying record property valued at £1.8 million in prime prices in the capital and overseas central London in early 2009 would buyers benefitting from currency now be worth around £2.66 million, so movements. the owners would have an extra £864,000 to spend on a bigger country Average country house prices fell in home or more land. the second quarter of 2012, taking the annual decline to 4.8%, according to Furthermore, currency movements are Mark Potter the latest Knight Frank Country House helping to make country property even Office Head Index. more attractive to overseas buyers. T +44 (0)1256 350600 Singaporeans can now benefit from a
[email protected] The significant gap in price 40% discount compared to prices back performance between the country in March 2008, thanks to the market and the booming prime central combination of house prices and these London market does however present currency movements.