Homebuyers Leaving Crowded London For More Space.

Between April 21st and 27th Savills surveyed 700 registered buyers and sellers to identify how their attitudes to moving had changed, and how that might impact market activity.

3 bedroom terraced Farmland Walk, Chislehurst

Greater space has become a prerequisite for those anticipating increased home working and those with children,” notes Frances Clacy, an analyst at Savills.  “More outdoor space and access to countryside are also likely to be of greater importance to parents looking for a new home.

In line with Savills research projections, almost half (49%) said they will be more inclined to work from home even after current restrictions are lifted.  As a consequence 44% of respondents said a separate work space has assumed greater importance, rising to 61% amongst the under 40s, with good access to Wi-Fi also becoming more valued.

Space has assumed greater importance:  Some 39% of respondents under 50 stated an increased inclination to upsize, rising to 42% among the under 40s.  The desire for a garden or outdoor space has also become a more pressing consideration for 71% of this age group.  

Here is what you can buy, which makes working from home and staying in lockdown more pleasurable.

4 bedroom detached house in Penshurst Way, Sutton, Surrey £600,000

3 bedroom Halesworth Road, Harold Hill, RM3 £350,000

3 bedroom end of terrace house in Orchardleigh Avenue, Enfield £415,000

3 bedroom Avery Hill Road, New Eltham £575,000

3 bedroom terraced Farmland Walk, Chislehurst £500,000


Please enter your comment!
Please enter your name here