SOLD, SOLD, SOLD
By Nick Statons – Owner Statons Estate Agents
Despite the recent stormy weather the property market in North London and Hertfordshire has a spring-like feel to it, with record-breaking numbers of buyers registering with Statons in search of a new home, some fabulous new properties being placed on the market and record month for sales agreed.
Busiest February on record
We talked about signs of normality returning in our January newsletter ‘Moving home in 2022’ as the early January property market was already showing signs of a surge in home moving activity. February 2022 has been our busiest February on record for both buyers registering on our mailing list and for sales being agreed on properties.
Rightmove’s recent ‘House Price Index’ also reports strong market activity in February. Confirming the biggest monetary jump in the average price of property coming to the market they have recorded in more than twenty years.
Property prices are now 9.5% higher than a year ago, the highest annual rate of growth since September 2014.
Interestingly the report also confirms that the London property market recorded its biggest annual jump in the number of buyer enquiries than in any other region, Mirroring the experience at Statons. As well as the highest annual rate of price growth since 2016, with a return to the office for many as the ending of the pandemic restrictions fuel renewed demand in the capital.
Property Sold by Statons
As more property comes to the market and strong buyer demand is far from satisfied, we consistently see sales of property being agreed quickly and often at the asking price…
Here are some examples of recently sold properties from around our offices –
Hyver Hill, Mill Hill, London – £7,950,000
A magnificent luxury home and architectural masterpiece unparalleled and without comparison. This exceptional contemporary family home is set behind electric gates in an exclusive private road in NW7 perfectly located atop a hill with breathtaking views of London and set in one acre of beautifully landscaped grounds.
Hyver Hill, Mill Hill – On market via our Totteridge Office, on market for 3 months, 10 viewing appointments, Sold and completed.
Beech Hill Avenue, Hadley Wood – £2,495,000
Sitting behind an impressive driveway is this very well presented 4 bedroom detached family residence positioned within a plot of approx. 0.29 of an acre. As well as being situated on one of the area’s premier roads, this lovely 1920”s style home benefits from a south-facing landscaped rear garden of approx. 170ft.
Beech Hill Avenue, Hadley Wood – On the market for 6 weeks, 15 qualified viewings – Sold at the asking price
Beech Hill Ave, Hadley Wood – £3,400,000
A fantastic opportunity to acquire this fine 6 bedroom family residence set within a wonderful plot that is approximately just over half an acre and has been occupied by the current residents for over 23 years. The property has an impressive 90f ft frontage, benefitting from a prominent position on the road adding a sense of grandeur and space…
Beech Hill Ave, Hadley Wood – On the market for 4 weeks, 20 qualified viewings, 3 offers, Sold
Beech Hill, Hadley Wood – £6,000,000
‘Bowood’ is approached via electronically operated double gates and a high boundary wall. The accommodation extends to approximately 11,500 sq ft with an indoor swimming pool complex on a south-facing one-acre plot overlooking Hadley Wood Golf Course.
Bowood, Beech Hill, Hadley Wood – On the market for 8 weeks, 6 qualified viewings – Sold
Totteridge Village, Totteridge – £3,750,000
Cardinals is an impressive 4 Bedroom/ 4 Reception Room/ 3 Bathroom detached family home set within a prominent position in the heart of Totteridge Village.
Cardinals, Totteridge Village, Totteridge – On the market for 6 weeks, 15 qualified viewings – Sold
Hadley Common, Hadley Wood – £4,000,000
A Rare Opportunity To Build Your Dream Home ** Gated Plot Of 1.75 AcresUnrivalled And Uninterrupted Rural Views, Planning Permission Granted For Over 8,000 SqFt, with Indoor Swimming Pool Complex. Create Your Dream Home.
Homefields, Hadley Common, Hadley Wood – On the market for 4 weeks, 5 qualified viewings – Sold at asking price
Undisclosed Sale – Hadley Wood – £8,000,000
Hadley Wood, Undisclosed Sale – 3 qualified viewings, Sold & Completed at £8,000,000 within 4 weeks
Hill Cresent, Totterige – Offers over £1,250,000
Hill Crescent, Totteridge, London – On the market for 3 weeks, 30 qualified viewings, 6 offers – Sold at £200,000 over asking price at £1,450,000
Adam Bunting, our Associate Partner in Statons Hadley Wood Office confirms that ‘2021 was an incredibly busy year for Statons in Hadley Wood, with 88 properties sold within the residential re-sale market in the Hadley Wood area, plus considerably more if we include new home sales. Of these properties, 22 homes sold in excess of £2m, and if the market continues at its current pace, 2022 could be better still’.
View more of our recently sold properties
Next Month
In next month’s newsletter, we’ll discuss why more and more local property owners are choosing to market their homes on an ‘Undisclosed Sale’ basis.
For certain types of property, owners are increasingly realising that Statons have such a strong database of buyers through our network of offices, that if we are formally instructed on an undisclosed sale basis, we are able to invite buyers to immediately view homes without the need for any adverting. Read more next month when we will explain undisclosed sales with many examples…
Stay safe and happy house hunting.
Thanks for reading
Nick Staton – Statons Estate Agents
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