£22,000 premium for homes with South-facing gardens
According to Rightmove, homes advertised as having highly coveted south facing gardens are priced at £22,695 higher on average than homes without, a 7% national asking price premium – there is a trick of course to having photos looking at its very best for pictures and viewings.
The national average asking price of three and four bedroom homes with a south-facing garden is £369,365 v £346,670 without
There are a number of regional variations, with Yorkshire and the Humber commanding the biggest asking price premium at 14% – the analysis by Rightmove also found that homes with South-facing gardens sell more quickly than those without, in practically all regions, but again Yorkshire and the Humberside performs best with homes finding a buyer on average eight days faster.
Having a bigger garden or at least access to one was the number one thing that lockdown has changed for what buyers are now looking for in their next home (office space to work from also ranks highly)
Prospective buyers searching on Rightmove and stating that a garden is a ‘must-have’ for their next home doubled in June compared to June last year – total searches were up by 56% for the same period
David Phillip commented (and this appeared in the Sunday Times and the Mail online) “you’d be amazed at how many people turn up to a viewing and use the compass on their phone to work out where the sun is coming from, it is a really important requirement in these parts. These types of properties are selling quickly especially since the market re-opened in May. Lots of homes in Yorkshire are in rural areas so the trade-off from not living in an urbanised area is that you want a lovely outdoor space and what’s more lovely than a garden that gets lots of sunshine? South facing gardens have almost become a necessity”
We are very lucky in Bramhope to have two properties on our books with exceptional south facing gardens
- 40, Leeds Road – this Mediterranean villa boasts fig and palm trees, with areas that would be perfect for the buyer to add a swimming pool and also hot tub, jacuzzi and gym
- Hall Drive – the south facing property in this garden is so sheltered it has its very own microclimate, it also has a huge decking and covered gazebo – the bi-folding windows that run along the whole of the rear of the property adds another dimension to this beautiful home.
Green spaces and lots of natural light have proven positive impacts on our moods and quality of life.
So if you have a property to sell, and it has a south facing garden, call David Phillip Estate Agents for a free market appraisal on 01134 676 400 a: 86, Leeds Road, Bramhope, Leeds w: davidphillip.co.uk
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