Country Life
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A buoyant market sees rising house values with the South East of England leading the charge in the country sector.
From the latest Halifax index to the RICS index and research by Knight Frank, every indicator shows that the property market is enjoying a post-lockdown boom.
According to Halifax, property prices across the country have increased by an average of 8.2% since April 2020, the highest annual growth in five years, adding a theoretical £20,000 in value to the average property.
Their data is borne out by the latest RICS survey of estate agents across the country, which shows that price growth accelerated in April as demand increasingly outstrips supply.
A garage is one thing guaranteed to get buyers revved up. Especially now, with Rightmove recording a surge in demand for larger homes with them.
But what s the appeal? It s certainly not because they re needed for cars. Today s cars are often too large for garages built a few decades ago. The Range Rover in 1988 was 4.47metres long; today s model is 5.19m. Cars also don t rust as before, thanks to the use of galvanised steel, so it matters less if they re left outside.
Instead, a garage today is perfect for making your home larger, whether that s in the form of additional rooms or allowing existing ones to grow in size.
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