Burn & Warne, Sutton
Bank House, 3 Sutton Court Road Sutton SM1 4SY
We don’t have a crystal ball but……………….
After four years of strong house price growth and high demand, 2023 was a more challenging market for sellers. Though house prices fell nationally, rental values locally continued to reach record levels.
In recent years Sutton has seen a high volume of Hong Kong buyers that have re-located here and it’s not difficult to understand why Sutton is so popular…... low crime rates, good transport links and first class schools.
Looking ahead, in 2024 with interest rates finally levelling I suspect those buyers who remained cautious due to easing prices and increased borrowing costs, will start looking again to buy. With a significant proportion of other agents listings seeing at least one reduction prior to a sale, some buyers may adopt a ‘wait and see’ approach but early signs are that more buyers are looking to buy.
Notwithstanding, demand for properties in the catchment areas of The Avenue School, Manor Park, Westbourne Primary, Sutton Grammar, Glenthorne and St Philomena’s continue to get strong interest quickly, though it is our opinion that over ambitious asking prices that are simply “not achievable” will do more harm to sellers than good.
Every property we sell, starts the same way…………with a conversation.
We talk, we listen and then we go to work to achieve our clients the best price with the best buyer. This caring approach coupled with our unrivalled experience from Sutton’s longest established independent agent is valued by our clients.
We know it works too and here’s the proof……..
In 2023 we listed 144 properties and SOLD 132 of them, a 92% success rate that no other local agent came close to matching! Our advice and “open house” marketing delivers results for sellers no matter how challenging the market.
Whatever your property aspirations in 2024 the sales and lettings teams remain committed to offering you the best advice and the best service, it’s been the focal point of everything we do since we first opened our doors back in 1997.
We look forward to helping you
Neil Warne
Managing Director
Branch location
Bank House, 3 Sutton Court Road Sutton SM1 4SY
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