PRIVATE ESTATES SPECIALISTS Savills Private Estates Specialists 3
Total Page：16
File Type：pdf, Size：1020Kb
SAVILLS PRIVATE ESTATES SPECIALISTS Savills Private Estates Specialists 3 Welcome Surrey’s prestigious private estates sit at the pinnacle of the UK’s property market, offering a unique combination of security, privacy and kudos in green surroundings, while being one hour at most from London’s West End. Accessing this select market immediately places you at the centre of one of the most dynamic social settings in the country. Simon Ashwell Utterly discreet and incredibly well-connected, we Savills Private Estates are not only able to link buyers and sellers all over [email protected] the world, but most importantly we can provide a personal introduction to these most exclusive communities. Savills private estates specialists cover the whole of Surrey, working from our offices in Cobham, Esher, Weybridge, Sunningdale and London. Our international operation provides unrivalled access to the widest possible market and the latest property intelligence. If you are looking to buy, sell, rent or let in the private estates do please get in touch with us; we would be happy to share our knowledge and expertise with you. Wentworth Estate Blackhills & Meadway St George’s Hill The Crown Estate Burwood Park Eaton Park Ashley Park Fairmile Estate Claremont Oxshott Way Esher Park Avenue Estate & Sandown Avenue Savills Private Estates Specialists 3 Welcome Surrey’s prestigious private estates sit at the pinnacle of the UK’s property market, offering a unique combination of security, privacy and kudos in green surroundings, while being one hour at most from London’s West End. Accessing this select market immediately places you at the centre of one of the most dynamic social settings in the country. Simon Ashwell Utterly discreet and incredibly well-connected, we Savills Private Estates are not only able to link buyers and sellers all over [email protected] the world, but most importantly we can provide a personal introduction to these most exclusive communities. Savills private estates specialists cover the whole of Surrey, working from our offices in Cobham, Esher, Weybridge, Sunningdale and London. Our international operation provides unrivalled access to the widest possible market and the latest property intelligence. If you are looking to buy, sell, rent or let in the private estates, do please get in touch with us; we would be happy to share our knowledge and expertise with you. Wentworth Estate Blackhills & Meadway St George’s Hill The Crown Estate Burwood Park Eaton Park Ashley Park Fairmile Estate Claremont Oxshott Way Esher Park Avenue Estate & Sandown Avenue Savills Private Estates Specialists 4 How have the Private Estates been performing? Throughout 2017, despite strong prices have fallen by 24 per cent Across the private estates, Savills headwinds, the Surrey market since the stamp duty changes of were involved in some of the as a whole performed well December 2014 were announced, biggest sales of the year, with and remained relatively stable, meaning they are now 1.3 per our highest value sale coming although inevitably political and cent below the level they were in from the Wentworth Estate. The economic concerns have had an 2007. average price per sq ft achieved effect on the market. across the private estates in 2017 However, transactions continued was £566, sitting marginally Like London, the private estates to take place in 2017 as realistic above the county average, of Surrey have been exposed to a pricing helped keep momentum while the highest price achieved less welcoming tax environment. and strong prices were achieved, was £696. This highlights the This has meant prices have with the private estates resilience of the private estates seen much bigger adjustments continuing to outperform the market even during tough than elsewhere in the country wider Surrey market. economic and political climates. market. As a consequence, Average sq ft: Average £ per sq ft: Average sale price: 8,995 £639 £5.04m Source: Based on 2017 sales by Savills WENTWORTH Wentworth performed well in 2017 in terms of the volume of Key contact: transactions, and with 17 sales on the main island there was more Charlie Fisher movement than on some of the other private estates. There has 01344 295356 been a noticeable trend of development plots being purchased by end users rather than professional developers. Savills average sold price Average £ per sq ft: Number of sales: 19% £776 higher than the average 17 Source: Based on 2017 sales by Savills Savills Private Estates Specialists 5 ST GEORGE’S HILL While demand from international buyers is not as strong as it Key contact: has been in previous years, two thirds of our buyers in 2017 were Simon Ashwell international, originating from the Middle East, Asia, Russia 01932 838004 and Scandinavia. Two thirds of buyers in the Hill 66% in 2017 were international Savills average sold price Savills were involved in Average £ per sq ft: 29% 60% £730 higher than the average of sales on St George’s Hill in 2017 Source: Based on 2017 sales by Savills Who is buying? The market in the private wealth, the rise of the tech Of course, there is still strong estates continues to be driven industry has brought with it a international demand in the by a strong domestic market, new demographic of young, estates known for their privacy, particularly those moving from affluent and entrepreneurial security and prestige, and our London, as well as sustained buyers looking to invest in these numerous international desks interest from international prestigious addresses. based out of our London Head buyers. That being said, we have Office are best placed to help seen a change in the industries Our links to offices in these tech connect these buyers to your that our buyers are heralding hubs, such as Canary Wharf, as home. Our two biggest sales from. well as our connections to many in 2017 were to buyers who global corporations, mean that were exclusively looking for UK Previously bolstered by a we are ideally placed to reach property through the Savills number of bankers, city traders this emerging market. Russian Desk. and commodities driven Savills Private Estates Specialists 6 A selection of properties sold by Savills in 2017 SOLD SOLD Crown Estate Wentworth Guide £11.25 million Guide £4.95 million SOLD St George’s Hill This property sold within weeks of being launched to the market in September 2017, to a buyer who was only looking through Savills Russian Desk and Country House teams. Simon Ashwell, Savills Weybridge Guide £13.95 million Savills Private Estates Specialists 7 SOLD SOLD St George’s Hill Crown Estate Guide £8.95 million Guide £3.95 million Burwood Park Savills has been successful in selling three of our latest properties in Burwood Park. Once the potential buyer has had a guided tour of the property, getting them over the wire can often be a challenge. The teams at Savills have the skill set, work ethic and experience to help and in some cases drive this to a successful conclusion. Seller, Burwood Park Guide £4.85 million SOLD SOLD SOLD St George’s Hill Wentworth Guide £12.5 million Guide £5.95 million Savills Private Estates Specialists 8 Key contact: COBHAM ESTATES Louis Winterbourne 01932 586200 Savills achieved an average sale price of £4.59 million across the private estates of Cobham & Oxshott. Cobham Estates in numbers Highest price achieved Highest price achieved by Savills Average £ sq ft by Savills £2.7m £730 £5.4m Oxshott Way Estate Fairmile Estate Eaton Park Source: Based on 2017 sales by Savills Key contact: THE CROWN ESTATE Ian Camplin The highly regarded Crown Estate continues to 01932 586200 sell well due to the exceptional local schools such as ACS Cobham and Danes Hill in Oxshott. Last year the estates saw a great volume of sales with the highest price per square foot achieved on the main island. The Crown Estate in numbers Savills average sold price Savills were involved in 38% 80% higher than the average across all sales of sales above £3 million Source: Based on 2017 sales by Savills Key contact: ESHER ESTATES Karl Matier 01372 461903 In 2017, there were just four sales in excess of £5 million in the private estates of Esher. Savills sold three. Esher Estates in numbers Highest price achieved % of international by Savills buyers in Esher Highest sale price 2017 £2.8m 50% £5.6m Blackhills Claremont Park Source: Based on 2017 sales by Savills Savills Private Estates Specialists 9 SOLD SOLD Oxshott Way Estate Fairmile Estate Guide £2.795 million Guide £2.4 million SOLD SOLD Crown Estate Crown Estate Guide £8.37 million Guide £6.9 million SOLD SOLD Claremont Park Clare Hill Guide £5.95 million Guide £2.65 million St George’s Hill Ashley Park Savills Private Estates Specialists 11 Lettings in the Private Estates Surrey’s private estates have modern and contemporary living. cautious, leading them to rent on long attracted high-net worth a try-before-you-buy basis. individuals and families that, as Those choosing to rent here Rental values in the private a lifestyle choice, choose to rent tend to prefer the flexibility that estates range from £5,000 to rather than buy. it affords; this is particularly £50,000 per month and are often relevant for those who are marketed discreetly. Therefore, A typical tenant here is similar moving for work and could Savills global connections mean to that of a purchaser, be that be relocated at any time, or that we are best placed to a wealthy entrepreneur, a CEO, international families whose connect landlords and tenants celebrity or professional sports needs may change based on from across the world, not just person.