E PL E AS
OVER 7,000 HOMES, BUSINESSES AND SHOPS EACH MONTH
Covering a varied selection of property for sale and to let throughout the London Borough of Bexley (Sidcup, Welling, Bexleyheath, Bexley), North West Kent (Dartford, Crayford, Swanley) & South East London (Eltham SE9, Woolwich SE18) as well as surrounding areas.
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MARCH 2015
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NEWS
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SIDCUP
Newsletter March 2015
SALES MARKET – HOUSE PRICES UP 2% IN FIRST MONTH OF 2015 In the first month of 2015 we have already seen house prices pick up nearly 2% in the first month following a small end of year dip in December. Data from Halifax supports this by showing a 1.9% increase in house prices in the three months from November to January and predicts that house prices nationally will increase by 3-5% in 2015.
of properties this year in excess of their asking prices which is a clear indication the market remains very strong. The market might not be as mad as it was last summer when we had a dozen or so buyers for every new listing, but nevertheless it remains a very strong market.
Over the years January has always proved to be an unpredictable month as far as the local property market goes. There are often years when the market does not get into gear until February, and there are other occasions where things go mad as soon as we come back in January. This year has so far been extremely busy with Drewery being invited to over 25% more market appraisals than in January 2014 and more than double the number of applicants registering this month for sales and lettings compared to the same month a year ago.
It is clear that 2015 will bring some significant challenges to the property market including the possibility of rising interest rates, tighter mortgage lending and of course the general election, all of these could have an impact on buyers, sellers and house prices. However, as long as property prices in central London remain high we are confident that demand for property in Sidcup will continue to be high with buyers seeing outer boroughs as better value for their money.
We have a number of exciting listings coming on which we are confident will sell immediately and we have already sold a number
Tom Ferguson can be contacted on t.ferguson@drewery.co.uk or ddi: 0208 269 6607.
Tom Ferguson (Sales Manager of Drewery Property Consultants) gives an update on the local sales market:
RIGHTMOVE HOUSE PRICE INDEX FOR FEBRUARY 2015
Structural housing shortage results in not enough sellers and rising prices G
Decades of inadequate provision of homes to satisfy demand are having an increasing effect, with a tight-stock market resulting in a shortage of quality property to trade up to – Average price of property coming to market up by over £5,000 this month (+£5,729/+2.1%), with all regions reporting uplifts -– Increase in demand for property continues with busiest ever January site traffic on Rightmove -– 31% increase in housing transactions in last two years in England and Wales , outstripping 11% rise in number of properties coming to market in same period -– Some agents reporting lowest ever stock of quality property for sale, as lower owner-occupation, buy-to-let investors not selling, and owners’ reluctance to ‘sell before you find’ contribute to a 4% fall in new seller numbers compared to same period in 2014 -– Different tactics required for a successful move in a tight-stock market
Avg. Price Feb 15
Avg. Price Jan 15
Monthly Change
Avg. Price Feb 14
Annual Change
Bexley
£305,518
Bromley
£475,985
£297,761
2.6%
£269,225
13.5%
£483,060
-1.5%
£423,546
12.4%
New Window Displays at Drewery Estate Agency is changing! In these digital times we are constantly looking at different ways to promote and market the properties we are selling and letting. Over the last 12 months we have updated our website to make it more user friendly and have improved our property particulars further. Alongside the above, we are delighted to announce that we have just updated the agency windows at our Sidcup office with a modern, dynamic and highly visual window display. Paul Long (Director of Drewery Property Consultants) comments: ‘The new windows will display the properties we are selling in a more engaging fashion, encourage people to come into the office and not just window browse, reinforce our presence as a successful independent agent and be one of the most highly regarded and talked about shop windows in town! Whilst the above changes are all positive steps in how Drewery will be promoting property, the key focus for us remains, as always, customer service and the relationship that we develop with our vendors, landlords and applicants’.
Experience
Knowledge
Trust
BEXLEY £825 PCM + fees* North Cray Road, Bexley, DA5 3LZ
SIDCUP £1,100 PCM + fees* Ellenborough Road, Sidcup, DA14 5JY
SIDCUP £1,350 PCM + fees* Lewis Road, Sidcup, DA14 4NA
Spacious 2 bed conversion flat in residential road in Bexley Village. Close to shops, schools, bus routes and Bexley station. GCH. Dg. Neutral decor t/out. Lounge. Fitted kitchen. 2 bedrooms. Bathroom. Available mid / end April. Unfurnished. http://tinyurl.com/pwy9yok (ref 220).
Well maintained 3 bed mid terrace house in residential road, close to local amenities including shops, schools, bus routes and motorway links. GCH. DG. 2 receptions. Kitchen. 2 double and 1 single bedroom. Family bathroom. Separate wc. Gardens to the front and rear. Available now. http://tinyurl.com/lw46ets (ref 3932).
Larger than average luxury and modern 2 bed ground floor flat. Residential road close to shops, schools, bus routes and easy access to Sidcup & Albany Park stations. GCH. DG. Neutral decor. Lounge, open plan to modern kitchen. Utility room. Master bedroom with ensuite. 2nd bedroom. Bathroom. Small paved rear garden. Allocated parking space to front. Available now. http://tinyurl.com/n5cwxzs (ref 4049).
ESTATE AGENTS | SURVEYORS | VALUERS | RESIDENTIAL PROPERTY SALES | LETTINGS & MANAGEMENT
PROFESSIONAL PROPERTY SERVICES SINCE 1946
t: 020 8300 6761 www.drewery.co.uk
SIDCUP Guide Price: £220,000 - £230,000 Morland Court, Hatherley Road, Sidcup, DA14 4FF
ORPINGTON Guide Price: £230,000 Wren Close, Orpington, BR5 3NU
Modern, 1 bed ground floor apartment, built in 2012. Easy access to Sidcup station, bus routes and High Street. Video entryphone system. Open plan living area with patio doors to private terrace and combining modern kitchen with integrated appliances. Spacious bedroom. Bathroom. Communal gardens. Allocated parking space. Ideal FTB or Buy to Let investment opportunity. http://tinyurl.com/l6l32t4 (ref 4056).
2 bed EOT house in popular and quiet location with easy access to local schools, shops, bus routes and St Mary Cray station. DG. GCH. Lounge. Kitchen. 2 bedrooms. Bathroom. Rear garden. Allocated OSP to front. Internal viewing recommended. http://tinyurl.com/onwtsth (ref 4044).
SIDCUP O.I.E.O. £250,000 Cray Road, Sidcup, DA14 5DL
SIDCUP Guide Price: £449,995 Rutland Avenue, Sidcup, DA15 9DZ
Period 2 bed cottage style house situated within walking distance of bus routes, local schools and motorway links. GCH. Triple & DG. Open plan living area (21’0 x 12’0). Fitted kitchen. Conservatory. D/stairs wc. 2 bedrooms. Modern bathroom. Well maintained garden with decked area & sep BBQ area. Early viewing recommended. http://tinyurl.com/opk5576 (ref 3769).
Spacious, extended 4 bed semi det house. The property has 2 bathrooms offering the potential for a 5th bedroom. 28’8 through lounge. Kitchen/diner. 4 bedrooms. 2 bathrooms. Rear garden. OSP to front. 19’0 x 7’8 integral garage. Easy access to Sidcup station, local shops and sought after schools. http://tinyurl.com/m28cf6l (ref 4048).
ESTATE AGENTS | SURVEYORS | VALUERS | RESIDENTIAL PROPERTY SALES | LETTINGS & MANAGEMENT
PROFESSIONAL PROPERTY SERVICES SINCE 1946
t: 020 8300 6761 www.drewery.co.uk
SIDCUP Guide Price: £160,000 Kings Court, Hatherley Road, Sidcup, DA14 4AT
THE HOLLIES, SIDCUP Guide Price: £175,000 – £195,000 The Beeches, Acacia Way, The Hollies, Sidcup, DA15 8WW
SIDCUP Price: £179,950 Beavers Lodge, Carlton Road, Sidcup, DA14 6TU
NO CHAIN. Ideal “buy to let” investment. Spacious and well presented top floor flat. GCH. DG. Spacious lounge. Modern kitchen. Well presented double bedroom. Family Bathroom. Parking at the rear. Communal garden. Located within easy access of Sidcup station, shops, bus routes and schools. http://tinyurl.com/cjn48gk (ref 3065).
One bedroom first floor Edwardian apartment located on the sought after “Hollies” development. Front lounge overlooking parkland surroundings. Kitchen. Main double bedroom. Modern shower room. Communal grounds. Allocated parking. Sought after development with own onsite leisure complex (separate compulsory charge) and just a short walk to Sidcup station. http://tinyurl.com/ovasndy (ref 2800).
Spacious 1 bed first floor apartment located in sought after development. Spacious lounge. Kitchen. Bedroom. Bathroom. Communal grounds. Garage en bloc. EXTENDED LEASE. CHAIN FREE. Ideal FTB or Buy to Let Investment Opportunity. http://tinyurl.com/lblehyy (ref 4039).
SIDCUP Guide Price: £185,000 Bursdon Close, Sidcup, DA15 8AQ
SIDCUP Guide Price: £199,995 Maylands Drive, Sidcup, DA14 4SB
SIDCUP Guide Price: £215,000 Blenheim Court, Sidcup, DA14 6QQ
2 bedroom ground floor maisonette, located just a short walk from Sidcup station, shops, bus routes and schools. GCH. DG. Lounge. Modern kitchen. 2 good size bedrooms. Neutral bathroom. Front & rear gardens. Garage en bloc. Ideal for cash buyers or investors. CHAIN FREE. http://tinyurl.com/mfcg2f4 (ref 4035).
Well proportioned 2 bedroom ground floor maisonette. Short distance from Albany Park station and Footscray Meadows. Lounge with access to rear garden. Kitchen. Double bedroom. Single bedroom. Bathroom. OSP to front. Rear garden. Early viewing recommended. http://tinyurl.com/owkpmrg (ref 4024).
Larger than average 2 bedroom maisonette situated in sought after location within easy reach of New Eltham station, bus routes and shops. Spacious front lounge. Modern rear kitchen overlooking shared garden. 2 double bedrooms. Modern bathroom. Idea FTB or investment opportunity. http://tinyurl.com/o4dmvfp (ref 4022).
VIDEO PRESENTATION Visit our Property Channel
www.drewery.tv SIDCUP Price: £479,995 Burnt Oak Lane, Sidcup, DA15 9DG
Impressive 4 bed semi det chalet style house. 19’10 x 16’1 larger than average lounge. 21’1 x 20’0 modern open plan kitchen/diner. D/s bathroom. 13’9 x 11’3 master bedroom, 3 further bedrooms. Upstairs shower room. Driveway to front and detached garage. Approx 100` rear garden. Situated within a mile of Sidcup station and walking distance to both primary and secondary schools. http://tinyurl.com/ogckqfl (ref 4018).
ESTATE AGENTS | SURVEYORS | VALUERS | RESIDENTIAL PROPERTY SALES | LETTINGS & MANAGEMENT
PROFESSIONAL PROPERTY SERVICES SINCE 1946
t: 020 8300 6761 www.drewery.co.uk
SIDCUP Price: £479,995
Burnt Oak Lane, Sidcup, DA15 9DG Impressive 4 bed semi detached chalet style house. 19’10 x 16’1 larger than average lounge. 21’1 x 20’0 modern open plan kitchen/diner. D/s bathroom. 13’9 x 11’3 master bedroom, 3 further bedrooms. Upstairs shower room. Driveway to front and detached garage. Approx 100’ rear garden. Situated within a mile of Sidcup station and walking distance to both primary and secondary schools. http://tinyurl.com/ogckqfl (ref 4018).
ESTATE AGENTS | SURVEYORS | VALUERS | RESIDENTIAL PROPERTY SALES | LETTINGS & MANAGEMENT
SIDCUP Guide Price: £825,000 - £850,000
Lansdown Road, Sidcup, DA14 4EF Impressive 5 bedroom, double fronted Edwardian detached house occupying a good sized plot and located within easy reach of amenities, including Sidcup station. 2/3 reception rooms. Kitchen. Modern conservatory. D/s shower room. 5 good sized bedrooms. Family bathroom. Large loft and basement. 130’ rear garden. Driveway to front with OSP for several cars. Garage to side. Early viewing recommended. http://tinyurl.com/mzpoggy (ref 3807).
ESTATE AGENTS | SURVEYORS | VALUERS | RESIDENTIAL PROPERTY SALES | LETTINGS & MANAGEMENT
Exclusive Homes In Sidcup is a dedicated sales service created to sell exclusive properties towards the higher price end of the property market or properties which may be considered unique. This service aims to offer the highest quality personal service but with the attention to marketing which property of this type often requires. Use our Exclusive Homes service and see your property advertised full page in the Sidcup Property News which is delivered to over 7k local homes.
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• 25 METRE , 6 LANE SWIMMING POOL AND TEACHING POOL (SWIM ONLY MEMBERSHIPS AND SWIMMING LESSONS FROM 3 MONTHS OLD +) • 90 STATION AIR‐CONDITIONED FITNESS STUDIO • PERSONAL TRAINING • SPINNING STUDIO – FULLY AIR CONDITIONED • ALMOST 70 GROUP EXERCISE CLASSES PER WEEK • SWAY DANCE STUDIO (FOR CHILDREN 2 YEARS +) • 4 COURT MULTI‐USE SPORTS HALL WITH VIEWING GALLERY • CRECHE (FREE ON FRIDAY’S) • CAFE FACILITIES Website: www.leisurecentre.com Email: sidcup@parkwood‐leisure.co.uk Hurst Road, Sidcup, Kent, DA15 9AE. Tel number 0208 302 0556
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01323 413333
For more information: info@gabyhardwicke.co.uk
www.gabyhardwicke.co.uk
Hastings Bexhill Cooden Eastbourne
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PROFESSIONAL PROPERTY SERVICES SINCE 1946
t: 020 8300 6761 www.drewery.co.uk
Contact Us
RENTAL MARKET
DREWERY PROPERTY CONSULTANTS
CURRENT CONDITIONS SEEM VERY IDEAL FOR INVESTORS AND LANDLORDS TO ADD TO THEIR PROPERTY PORTFOLIOS
128 Station Road Sidcup DA15 7AF
Liz Leitch (Lettings Manager of Drewery Property Consultants) gives an update on the local letting market: The rental market throughout January has proved unusually buoyant and is a stark contrast from January 2014. Advertised rental amounts show no sign of slowing and are continuing to increase fuelled by a lack of property across most postcodes and it’s currently very much a landlord market. The average time taken to find tenants has also reduced in our Sidcup office by nearly 15% to 10 days compared to January 2014. That said, a lot of our properties are being let within 24 hours were we have been able to gain immediate access for viewing. Demand for all types of property continues to be high but with exceptional demand being seen for properties near to schools and railway stations. Current conditions seem very ideal for investors and landlords who wish to add to their property portfolios, with better rates for Buy to Let products, lower arrangements fees and high demand for all types of property. With further changes to pensions from April (Pension Freedom Reforms) we expect 2015 to be the year that we see many new landlords and properties come to the local market for the first time. Liz Leitch can be contacted on l.leitch@drewery.co.uk or ddi: 0208 269 6601
Why use Drewery Property Consultants? Established Agent: Drewery are the most established agent in the local area (est 1946) with a proven track record and membership of the NAEA & ARLA. Prime Office Location: Drewery occupy an unrivalled, prime location, close to Sidcup Station and major supermarket. Experienced Sales Team: Drewery employ the most experienced sales & letting team locally with over 15 members of staff. Maximum Internet Exposure: Drewery has the most dominant internet exposure locally including Rightmove, Primelocation & Zoopla, plus over 30 other property websites.
Telephone: Sales: 020 8300 6761 Lettings: 020 8269 6600 OUR LINES ARE NOW OPEN LATE 8.30am - 8pm Monday to Friday 9am - 5pm Saturdays 10am - 4pm Sundays E: info@drewery.co.uk W: www.drewery.co.uk www.drewery.tv Office Hours: 9am - 6pm Weekdays 9am - 4pm Saturdays
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Holy Trinity Lamorbey CE Primary School
170 yrs of Christian Education in Sidcup
Burnt Oak Lane, Sidcup, Kent. DA15 9DB Phone: 020 8300 3613 website: www.htl.bexley.sch.uk Declared ‘Good’ by OFSTED (Nov 2012) We offer a Christian framework to develop pupils confidence and responsibility and make the most of their abilities (for pupils aged 3-11). We have fantastic resources, which includes a library, computer suite, sports field and modern interactive classroom facilities.
Building on a strong foundation
A broad and balanced curriculum, including trips and residential visits. Experienced, enthusiastic and knowledgeable staff, including specialist sports coaches and music teachers. Close and long established links to local Secondary Schools, including both Grammar and High Schools. High academic achievement, but also support for children with special needs. Parents of prospective entrants are welcome to visit the school and can arrange to do so by making an appointment to see the Head Teacher. Open Days for prospective parents to look around the nursery whilst it is in session will be held on the following dates: Wednesday 04 March 2015 at 10.00 am or 2.00 pm Friday 13 March 2015 at 10.00 am or 2.00 pm
SUNDAY 17TH MAY 11AM DANSON PARK BEXLEYHEATH JOIN THE PARTY AS WE WALK, JOG & DANCE 5KM THROUGH COLOURFUL CLOUDS OF POWDER PAINT! FOR MORE INFORMATION AND TO REGISTER: 020 8319 9230 | info@gbch.org.uk www.communityhospice.org.uk
in Sidcup for Customer Satisfaction More positive online reviews than any other local agent Our recommendations and reviews speak for themselves and we are proud to be the number one Agent again in the local area for customer satisfaction. Drewery prides itself on the level of its customer service and our experienced and highly trained staff are dedicated to helping you through the entire sales and letting process.
Sales Department 020 8300 6761
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Letting Department 020 8269 6600