A recent survey has revealed the country’s most sought after rural retreats and listed East Horsley in Surrey as the most exclusive. According to Savills, over the past two years the picturesque village near Guildford has seen 42 homes sold for over £1 million.
The village, which boasts a private sports club, very good schools and nearby golf courses has seen a 17% increase in the sale price of an average home, which is now £1,006,304.
Other villages that make Savills top 10 list of where the most £1 million homes are sold include, Chorleywood in Hertfordshire (34), Bowdon in Greater Manchester (27) and Alderley Edge in Cheshire (24). The latter is a village famed for being home to a number of professional footballers over the years, including David Beckham, Rio Ferdinand and Cristiano Ronaldo, all of whom have played at Manchester United located just 12 miles away.
Three villages in Buckinghamshire make the list; Knotty Green, Stoke Poges and Farnham Common, with 27, 19 and 19 £1 million pound properties being sold over the last two years respectively.
Completing the top 10 are the villages of Hale in Greater Manchester, Brookmans Park in Hertfordshire and Cookham in Berkshire.
Associate Director at Savills, Sophie Chick explains:
“We’ve actually found that since the credit crunch villages on the whole have under performed their neighbouring towns and cities…because there has been a marked preference for living within an urban environment, closer to a work place, resulting in affluent UK cities and towns outperforming their neighbouring villages and rural locations in the housing market”
She goes on to explain:
“This means villages now represent good value and there is a currently good buying opportunity”
If you are considering purchasing a property in any of the villages mentioned above or anywhere else in England and Wales, be it worth £1 million or not, do not hesitate to contact a local Chartered Surveyor for expert advice. Find yours at:
BT / SRJ 01.05.15