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Best of the West Country....East Devon

Fri 24 April 2020

The Area

East Devon really does have it all, with England’s first natural World Heritage Site the Jurassic Coastline flanking the south, two Areas of Outstanding Natural Beauty covering the majority of the rolling countryside, the natural attributes of this stunning part of the county are clear.

When buying a house, it isn’t just the natural beauty you need to consider, East Devon has all the facilities required, great schools with Colyton Grammar regularly being in the top few co-educational selective schools in the country, according to The Sunday Times. Local state primary and secondary schools in the area are also constantly preforming to a high standard.

There are good road networks and excellent broadband communications, providing links to the rest of the country, as well as railway links to London and Bristol, you are never too far away from where you need to be.

The local communities are strong; there are a range of beautiful villages often with a pub, village hall and school, alongside the attractive market towns of Honiton and Axminster, whilst to the coast the Regency town of Sidmouth is a particular draw.

The Market in the Past 12 months

There is activity across the price ranges of property with a significant increase in the number of sales from the Stags Honiton Office up about 1/3rd in 2019 from the previous year. However, it is the top end of the market which has seen the biggest increase in activity. This increase in activity saw an average increase in sale values by about £30,000 for Stags in Honiton.

Whats Next?

Although modest increases have been achieved, it is too early to say what affect the Covid – 19 restrictions will have going forward. So far during restrictions there have been a number of good sales being agreed from previous viewings, and as these naturally reduce, our focus is on marketing our properties to those keeping safe at home ready but keen to view when possible. 

One of the most promising changes to the market is the increase in new prospective buyers registering to be the first to know about our properties. Many have had more time to reflect on what is important in their lives and are making the steps to start searching for their next home.

For those people thinking of coming to the market, it is practical to concentrate on those things we can control, so setting a sensible marketing price and getting the presentation right are still the key to finding the right buyer in any market, including photographs but also possible 3D tours.    

If you are thinking about marketing your property soon, feel free to give me a call, I can initially carryout a desktop appraisal and if possible then a video call to give some greater clarity to my advice.

Kevin Clarke, Stags Honiton Office Manager...get in touch, we are here to help. 

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