As House Prices in Suburbs Set to Soar
Kent Commuting Towns Prove Popular with Young Families
Experts predict that house prices in London suburbs and commuter towns are set to soar. Prices in the south-east will rise 32% over the next five years, with London making gains of 24.4%, according to Savills. Knight Frank’s Sevenoaks agent is also seeing an increase in young families moving to commuting towns in Kent.
Lucian Cook, head of residential research at Savills says: “The gap between prime London and surrounding prime regional markets has grown so wide there is now a compelling case to move out.”
The exorbitant cost of central London properties was demonstrated by the average price for a one-bedroom flat smashing the £500,000 mark in “prime London”, according to estate agent Marsh & Parsons.
Knight Frank in Sevenoaks reports that there has already been an increase in young families this year moving out of London into Kent from south and south east London from places such as Battersea, Clapham, Wandsworth, Black Heath, Chislehurst and Bromley. They are selling up in search of larger living spaces, better local schools and the pleasure of having the countryside on their doorstep. As London house prices have risen this year by about 8-10%, it is proving to be a good time for families to sell up and get more for their money further out of London.
Ross Davies of Knight Frank comments: “We are selling a lot of property in Kent within commuting distance of London and Kings Hill, near West Malling is a consistently popular choice as it is less than an hour’s commute with a direct line into London Victoria. London property prices have risen far more than season tickets, and so it is still more economical for families. Another trend we are also now seeing more and more are people taking commuter coaches in to the city and Canary Wharf as a more relaxing and cost effective alternative to the train.”
Kings Hill, which has been built on the site of the famous World War II airfield near the picturesque town of West Malling, was named as the country’s most successful new village in a 2010 report by one of the world’s leading property agents, CB Richard Ellis*.
Award –winning eco house builder Environ Communities are now marketing two developments at Kings Hill in Kent:
Keepers Court has four and five bedroom properties, designed to exceptional specifications, which are contemporary inside and out whilst still reflecting the local Kentish architecture. Designed in four different styles, the homes are light and spacious with extensive use of glass throughout. Features such as double height entrance halls and cathedral ceilings in the master bedrooms provide a ‘wow’ factor. The four bedroom homes start from £562,500 and five bedroom homes start from £647,000.
The Manor is a development of two bedroom cottages, penthouses and apartments built in a traditional Kent style with contemporary open plan living spaces and great views down an avenue to a Country Park. The solid oak flooring in the living area, fitted wardrobes, fully fitted bathrooms and kitchens are included in the price. Prices for the two bed cottages are £327,500, the ground floor apartments £365,000, and the penthouses £397,500.
Both developments have direct access to a 150 acre Country Park on the doorstep and yet the homes are within ten minutes’ walking distance to a number of shops such as Waitrose and Asda, banks, doctors, post office and vet. There are outstanding primary schools nearby, a David Lloyd Centre and a championship golf course, which are all easily accessed via a network of safe landscaped walkways and cycle lanes.
Photo captions: L-R Keepers Court, The Manor and interior photo of the living space at The Manor.
*Kings Hill was named as the country’s most successful new village in a report by one of the world’s leading property agents, CB Richard Ellis. In 2010, they evaluated non-urban new villages of 1,000 homes or more looking at issues such as design, provision of public and private amenity space, transport links, car parking and community provision. Kings Hill achieved the highest overall score, beating Prince Charles’ Poundbury development in Dorset, which came third in the survey.
The report praised Kings Hill’s good mix of community amenities and provision of varied size of houses and gardens to suit all requirements. It also said that there was a clear sense of community pride and that the parish council played an active role in maintaining the sense of involvement from the community.
Environ Communities, headed up by Tony Dowse, has recently won an award for ‘Best Small Developer’ by What House? Magazine and was overall UK winner of the coveted Green Leaf Award, amongst others. Environ create lifetime homes with a traditional and timeless beauty: from iconic, modern homes overlooking the Atlantic to spacious, unique family homes in Kentish hamlets and even cosy and peaceful retirement homes in quiet market towns. Attention to detail, landscaped gardens and sense of place and community run through everything they do.
Environ’s modern homes developments aim to achieve a true sense of that old fashioned notion of “community” and this is the reason they are called Environ Communities.
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