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City boom ripples outwards

Prime country house values in the Home Counties increased by nearly 14% in 2006. The latest research from Savills is now anticipating increases of another 15% in 2007.

Yolande Barnes, director of Savills residential research unit, comments that: “The Home Counties are most affected by activity in London and remain the popular preserve of the stockbroker as commented upon in previously published Savills research”.

The top end of the prime country house market, over £5million, is the real out of town success story. It has out-performed all other price brackets since mid-2005 as an abundance of cash-rich buyers have competed for scarce, large family houses and exclusive ‘trophy’ properties at premium prices.

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