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Update From Nick Staton – May 2025

 

Coopers Lane - Statons Feature - May 25

For Sale by Statons Prime Office – Northaw £6,950,000 – More details

nick statonMay Market Update from Nick Staton

Despite the current turmoil within global markets, it’s refreshing to see that the local property market remains surprisingly resilient. Indeed, reports from across our offices confirm that in line with the current market trend, buyer demand is a little subdued and stock levels are the highest they’ve been in more than 5 years, nevertheless, lots of deals are being agreed.

For the active buyer, the current choice offers fantastic opportunity, and in recent months, we’ve seen a significant increase in international buyers, none more so than a very considerable increase in buyers from the USA. International buyers see North London and Hertfordshire as being ideal for schooling, business, transport and for their families.

Looking at our legendary active buyer database, there has been a real shift in recent months in the country of origin, seeing the USA take 3rd spot after the UK and Germany, I can’t remember ever seeing the US being in the top 10 previously.

Our website also confirms the same trend with a very large number of searches being carried from international buyers from across the world. We currently have visitors from 143 countries searching for property on Statons.com.

Last month, I noticed four hits on our website from Australia, and then two weeks later, we’ve been showing a family from Australia properties in Hertfordshire. It absolutely amazes me, in this modern world, what our brand is achieving. This month we have agreed sales to a number of international buyers.

Exciting News

This move is part of Statons ongoing strategy to better serve our customers, we have branch swapped the hugely experienced and successful managers Nikki Messina from our Barnet Office with Joe Vaccaro from our Hertfordshire Office in Brookmans Park with their new teams. The objective is to take the wealth of combined experience and local knowledge of both Nikki and Joe to introduce our client’s homes to a wider audience, utilising our network of offices, extensive buyer database, and our team across all the areas we cover.

We have learnt from experience that many of our buyers, particularly those that are not living and not aware of our surrounding areas who come to Statons, are not as committed to an area as local buyers, they are much more interested in the property or have specific requirements like schooling or access to loodon and transport links.

The aim of our Branch swap is to help introduce buyers to different areas based on their personal requirements, and not necessarily focused on one area. Nikki and Joe have worked in the property industry for Statons for many years and will continue to share their knowledge and experience with our customers.  Both are fully committed to delivering the very best service and will of course, continue to arrange viewings, put acceptable offers forward to clients, and of course keep them fully updated at all times during the process of the sale of their home with their respective teams. I wish them both every success.

Recently Sold by Statons 

Here are a selection of some of the homes we’ve recently sold through our office network –

Price range £300,000 to £750,000

Sold by Brookmans Park, Hertfordshire office

Sold by Barnet office

Sold by Barnet office

Price range £750,000 to £1,500,000

Sold by Barnet office

Sold by Brookmans Park, Hertfordshire office

Sold by Barnet office

Price range £1,500,000 to £3,000,000

Sold by Barnet office

Sold by Totteridge office

Sold by Brookmans Park, Hertfordshire office

Price range £3,000,000 plus

Sold by Barnet office

Sold by Prime office

Sold by Hadley Wood office

See more ‘Recently Sold Properties.

Considering a move?

If you are thinking of buying, selling or letting a property, we are happy to offer specific advice and help you plan for your next move.

All property listings are available from across our offices, from our London Office in Totteridge and Barnet to Hadley Wood and our Hertfordshire office in Brookmans Park.

Please don’t hesitate to call me for any help or advice.

Thank you for reading

Nick Staton – Owner Statons Estate Agents

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