With Christmas fast approaching; signified mostly by the Romsey lights being switched on once again on Saturday, this is as a good a time as any to reflect on the year it has been for the local property market.
Generally, there has been a lack of stock throughout the seasons as buyers continue to flock towards Romsey. Aspirational buyers from Eastleigh and Southampton compete with downsizers from our surrounding villages, whilst local home owners wishing to move within the Town have contributed to our sustained price growth.
Over the last 12 months, just over 700 transactions have completed in Romsey, comprising of 19% flats averaging £185,000 and houses averaging just over £345,000.
As in 2015 with The Old Farm in Dunbridge, we are proud to say that once again our Romsey office team has sold the most expensive property of the year, in the SO51 postcode. Sherfield Manor, a stunning former shooting lodge was purchased after negotiations at £1,835,000, an excellent result for all parties concerned.
We’re working hard to finish this year on a high with buyers still viewing homes and making offers, all hoping to secure their next property before the Christmas break.
Residential Sales Negotiator