Sharp Rise in South West House Prices

18th November 2020

Sharp Rise in South West House Prices
House prices in the South West have risen fastest in the UK over the last year due to a 'Covid-related rethink' by many homeowners. The annual price rise recorded in the South West of England for September 2020 was double the level seen for the previous month. 

A report from the Office of National Statistics stated that house prices in the South West rose by 6.4% compared to the UK average rise of 4.7%. 

The pandemic has forced many of us to spend more time at home and that in turn has seen an increase in people relocating to more rural areas with outside space and countryside walks to enjoy. Furthermore, the rise has tended to focus on the upper-end of the market with more people working-from-home, they have looked to buy properties with space for an office or additional rooms that can be used as an office.

With branches stretching across Wiltshire, Strakers have a varied mix of properties to choose from, whether you're after a period cottage nestled in a chocolate box village of a more modern property with spacious accommodation, we have it all.

Find your local Strakers team here