MARKET INSIGHT - YOUR LOCAL AWARD-WINNING PROPERTY EXPERTS - MAY 2021 - Charters Estate Agents

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MARKET INSIGHT - YOUR LOCAL AWARD-WINNING PROPERTY EXPERTS - MAY 2021 - Charters Estate Agents
WINCHESTER

          MARKET INSIGHT      M AY 2 0 2 1

      YOUR LOCAL AWARD-WINNING PROPERTY EXPERTS

                           WINCHESTER

                       www.chartersestateagents.co.uk

W I N C H E S T E R   A N D        S U R R O U N D I N G   A R E A S
MARKET INSIGHT - YOUR LOCAL AWARD-WINNING PROPERTY EXPERTS - MAY 2021 - Charters Estate Agents
MEET YOUR TEAM
  MARKET
  OVERVIEW
  As lockdown eases and the vaccination programme                                                     WINCHESTER
  continues on course, it finally feels like there is light at
  the end of the tunnel – and it is not surprising that this
  positivity is spilling over into the property market too.                                                               STC                                      ELLI OT T TRO DD          O LI V ER P URV I S          P E TER S TERLI NG           MARK DRYHUR ST                      N IC K DE GOE DE
  With fears the stamp duty holiday ending and changes                                                                                                           SALES MANAGING DIRECTOR     ASSOCIATE DIRECTOR           ASSOCIATE VALUATION           ASSOCIATE VALUATION                ASSOCIATE VALUATION
  to the Help to Buy scheme might put the brakes on                                             01962 830880                                                                                                                   DIRECTOR                      DIRECTOR                           DIRECTOR

  the market, property experts are pointing to several                                          www.chartersestateagents.co.uk

  factors that should give us all reasons to be optimistic.

  New tax breaks and lending criteria, the rise of
  5% deposits and low-cost borrowing is doing much
  to fuel the current spring rush and with a keener
  summer surge than usual bringing in more enquiries                                                                                                                GARY B ROWN             S ARAH B I CKNELL              EDEN B RAV ERY                J O NNY B E AT T IE                    F ION A LIGHT
  from buyers, there is unlikely to be a slowdown                                                                                                                  LETTINGS MANAGER           SALES MANAGER                SALES MANAGER                  SALES MANAGER                  NEW HOMES DIRECTOR

                                                                           60                             12%                      87,669
  anytime soon.

  So, as the flourishing property market coincides with
  the lifting of Covid restrictions, our advice is to put          The average number of days    increase in the number of           mortgages
                                                                      to sell a property, UK    sales agreed in the 1st week
  your moving plans into action now.                                                                                                   were approved in
                                                                                                of March 2021 compared to        February 2021 - 19.5% than in
                                                                                                    same week in 2020.                  February 2020.
  Call a member of your local team on
  01962 830880 - we would love to help.                                                                                                                           J AMES CRAWFO RD            J O NNY GRAY                K ATHRYN DYER               CHRI S TI NA GRIGOR                       JO GODDARD
                                                                                                                                                                    SALES MANAGER             SALES MANAGER              LETTINGS NEGOTIATOR          LETTINGS NEGOTIATOR                  SALES PROGRESSOR

  LOCAL
  MARKET
  UPDATE                                                                                  £133m
                                                                                          over the last three months                                                                                        KE V I N HO GAN            DAV I D DO HERT Y
                                                                                                                                                                                                            MORTGAGE &                   MORTGAGE &
                                                                                                                                                                                                         PROTECTION ADVISER           PROTECTION ADVISER
  For many buyers in our area, it has been a waiting                                      TOTAL VALUE OF
  game. Both the pandemic and the pre-budget                                              PROPERTY SOLD                                                                          If you would like to find out what your property is worth, or if you have a property-related enquiry,
  uncertainty prompted many home movers to hold                                                                                                                          please contact a member of the team on 01962 830880 or email winchester@chartersestateagents.co.uk.
  off - but those days appear to be over as the children
  are back at school and enquiries have increased.

  The glorious weather we have experienced recently
  has also played its part and we are delighted to see
                                                                                                                                                                                                                                 Introducing Oliver...
                                                                                          £1,317
  vendors who might have hesitated before, now
  eager to welcome viewers and showcase their
  home, either via virtual online viewing or a safe-                                                                                                                                                                             Oliver is an integral part of the        many buggy-friendly paths and lovely
  practice visit.                                                                                                                                                                                                                Charters family, overseeing our flagship walks which extend into Twyford,
                                                                                          the average monthly rent                                                                                                               market-leading Winchester office.        Shawford and Compton.
  Since 1st January to 31st March 2021, our                                               OF PROPERTIES LET
  branch has sold more homes than any other                                                                                                                                                                                      “I have lived in Hampshire all my life,   Winchester has many interesting walks
                                                                                          IN THE PAST 12 MONTHS                                                                                                                  growing up in the beautiful New           too. It’s a beautiful city with stunning
  estate agent, according to Rightmove.
                                                                                                                                                                                                                                 Forest, I was schooled in Southampton     buildings, masses of history and
  As with other branches across the Charters                                                                                                                                                                                     and now live in Otterbourne, just         wonderful cathedral grounds.
  network, the take-home for our area is the                                                                                                                                                                                     outside Winchester. My family and
  serious shortage of available properties we are                                                                                                                                                                                I love the area, the community is         When you add into the mix excellent
  experiencing for both our buyers and lettings                                                                                                                                                                                  incredible and we feel very happy here.   transport links, it really does make this
  applicants. With the likelihood of overseas                                                                                                                                                                                    My wife is a nurse and we have            area stand out.

                                                                                          65%
                                                                                                                                                                                                                                 three children who all attend the
  holidays being curtailed this summer, house
                                                                                                                                                                                                                                 Yellow Dot/Bright Horizons Nursery        If you are looking to relocate to
  hunting could be propelled into a hugely
                                                                                                                                                                                                                                 at the top of Otterbourne Hill.           Winchester, or thinking about
  popular activity in the coming months.                                                                                                                                                                                                                                   selling or renting your home,
                                                                                          of WINCHESTER residents                                                                                                                Not only is the city a wonderful place    please contact Oliver and the
  For the best chance to get
                                                                                                                                                                                                                                 to live and work, the surrounding         team. They would love to help.
  moving seamlessly, please                                                               OWN THEIR OWN HOMES                                                                                                                    countryside is just as magnificent.
  contact us for your FREE,                                                                                                                                                                                                      During lockdown we stumbled across
  no-obligation sales or lettings valuation.

SALES          I   LE T TINGS                I   NE W            HOMES          I   L AND       SALES            I    FINANCIAL                 SERVICES         P R O P E R T Y       M A N A G E M E N T           I     C O M M E R C I A L               P R O P E R T Y                I     S U R V E Y S
(Source: Dataloft, Land Registry, ONS, RICS Housing Market Survey, Rightmove)
MARKET INSIGHT - YOUR LOCAL AWARD-WINNING PROPERTY EXPERTS - MAY 2021 - Charters Estate Agents
WHAT’S NEW

 Inn the Park
              OPEN FROM
          April 14th (terrace)
          May 19th (indoors)

One of Hampshire’s most historic buildings,            The stylish overhaul will accentuate the          In the evening, things move up a gear to
Abbey Mill, has been given a new lease of              buildings famous ambience, giving the historic    include meat and fish of the highest quality
life following the departure of River Cottage          site totally fresh design and brand-new           paired with local produce roasted on the
Canteen in early 2020.                                                                                   open grill.
The beautiful listed building                                                                            Guests may be kept occupied in the adjoining
will be unveiled as a multi                                                                              mini arcade, compete with video games and
layered space called Inn The                                                                             Hampshire larder.
Park incorporating an open
                                                                                                         Upstairs, a stylish new café and bar offers a
grill restaurant; stylish bar;
                                                                                                         bright space to meet, connect and work. In
all day café and a decadent
                                                                                                         the evening this transforms into a low- lit bar
wine room and bottle shop.
                                                                                                         serving key keg wines, cocktails and craft ales.
The new owners are
                                                                                                         Along with the upstairs bar, comes a separate
Winchester residents Mark
                                                                                                         spacious wine room featuring an incredible
and Eleanor Dodd, from
                                                                                                         selection of wines with a beautiful lounge
The Chesil Rectory, one of
                                                                                                         space a retail bottle shop.
Winchester’s most unique
and historic independent                                                                                  This extraordinary vaulted space will offer
restaurants which has just marked 13 years             concept. Luscious fabrics and vintage lighting     a delicious selection of charcuterie, cheese,
under their ownership.                                 add a touch of comfort and luxury, whilst a        small plates, and of course a vast amount of
                                                       gigantic copper mirror ball hangs from the         exceptional wines. Guests can hand select
Formerly a Silk Mill is located in Abbey
                                                       high beams in the middle of the central room.      their bottle from the ‘wall of wine’ at a flat
Gardens in the heart of Winchester and is
                                                                                                          mark up of £15 and therefore enjoy stunning
well known for its stunning Doric temple               Here on this main floor is a family friendly grill
                                                                                                          wines at unbelievable prices.
portico which stands on the beautiful green,           restaurant offering freshly homemade classics,
surrounded by the play park and gardens.               weekend brunch and casual all-day dining.

         www.innthepark.co.uk                          I    FB & Instagram @innthepark                         I    tel: 01962 678100

          We have a team of local experts based in our market-leading Jewry Street branch who can give you the very best
                              property advice and support. If you would like help, please contact us.
                        We are experienced when it comes to sales and lettings valuations.

IN NEED OF A LOCAL MULTI-AWARD-WINNING AGENT TO SELL OR LET YOUR PROPERTY?
                                                           PLEASE CONTACT CHARTERS:

                    WINC HES TER                                        ALRESFORD                                        ALTON
                       01962 830880                                      01962 734633                                  01420 87666
             winchester@chartersestateagents.co.uk              alresford@chartersestateagents.co.uk           alton@chartersestateagents.co.uk

               B I S HO PS WALTH AM                               CH ANDLER S FORD                                     FARNH AM
                       01489 897711                                      023 8235 8888                                 01252 891886
           bishopswaltham@chartersestateagents.co.uk          chandlersford@chartersestateagents.co.uk        farnham@chartersestateagents.co.uk
               NEW                                                                                          NEW

                      PAR K G ATE                                          ROM SE Y                                SOUTH AMPTON
                        01489 358888                                     01794 511107                                 023 8254 4544
              parkgate@chartersestateagents.co.uk               romsey@chartersestateagents.co.uk           southampton@chartersestateagents.co.uk
MARKET INSIGHT - YOUR LOCAL AWARD-WINNING PROPERTY EXPERTS - MAY 2021 - Charters Estate Agents
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