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JANUARY - MARCH 2025

Move forward with confidence...

We achieved 98% of our clients’ asking prices in the last year.*

Dominic Fletcher Sales Manager

Adam Stone

Lettings Manager

Winkworth Clerkenwell & City

*Source: An average from 2024 from Winkworth Clerkenwell & City internal transaction records

Why choose Winkworth Clerkenwell & City?

• Unparalleled local market knowledge with over 25 years’ experience of selling and letting properties in Clerkenwell and City.

• Few people know that ours is an independently owned business which means we care deeply about every client and go above and beyond to ensure every transaction goes through seamlessly.

• Meet our team and you will get real people you can talk to and trust to do their very best for you throughout the process, with over 70 years cumulative experience in the industry.

• All backed by the might of the Winkworth brand, property experts since 1835, with an extensive network across London that we can leverage to match applicants to your property.

If you are looking to make a move in 2025 and want an accurate valuation and a true property partner, contact Dominic today on 0207 405 1288 or scan this QR code here.

70 years cumulative team experience 98% of asking price achieved** Our fall through rate is 66% below the London Average**

**Source: An average from 2024 from Winkworth Clerkenwell & City internal transaction records

Fiona Lee Partner

Winkworth Ealing & Acton 020 8896 6097

5-6 Station Buildings, Uxbridge Road, Ealing, London, W5 3NU ealing@winkworth.co.uk Source: Based on exchanges in

Winkworth Ealing & Acton has been Fiona’s home for over 30 years and as a longtime local in the community, she prides herself on the local market knowledge and all of its amazing amenities - something that helps her greatly across all remits of her role resulting

eaton@winkworth.co.uk winkworth.co.uk/eaton

Dear

properties-to-let

• Rooms available from £525pcm

•

• A selection of refurbished 3 Bedroom flats from £1750pcm

• Classic 4 bedroom Chantrys houses from £2300 pcm

• Larger 4 bedroom houses with all Double Bedrooms also available

• 5/6 Bedroom refurbished properties available for larger friendship groups

• All within walking distance to UCA

winkworth.co.uk/highbury

Pop into our Highbury office, give us a call or email us to arrange a free, no obligation consultation to find out how our experienced sales team and innovative marketing can help you achieve the very best price for your property.

*Rightmove statistics report that Winkworth Highbury have listed and sold more properties in the N5 1, N5 2 and N4 2 postcodes over the past four years than any other agent.

1st out of 85 offices

Source: Rightmove Sales agreed 1/1/202431/12/2024 in N5 1, N5 2, N4

(Please visit our offices for full details)

A new property from Winkworth Kensal Rise & Queen’s Park

0 0 0 <<ADDRESS>> <<PRICE>> <<FREEHOLD>>

winkworth.co.uk/kensal-queens-park

New Property for Sale in Your Area

Could this be for you?

We are delighted to bring this beautiful new property to the market. Set in a highly sought after location, it offers a fantastic opportunity for prospective buyers.

So, if you are looking to make a move in the area, please get in touch with one of the team to book in a viewing today.

Stewart Boyd Director & Business Owner

Winkworth Kensal Rise & Queen’s Park 020 8960 4947

Unit 2, Bridge House, Chamberlayne Road, London, NW10 3NR kensalrise@winkworth.co.uk winkworth.co.uk/kensal-queens-park

HELLO NEIGHBOUR

putney@winkworth.co.uk

Adam Taylor Associate Director Sales

Elle Moore Senior Negotiator Lettings

Refer us and you’ll receive a £150 John Lewis voucher.

Looking to sell or let your property?

You could receive a £150 John Lewis voucher if we go on to successfully sell or let your property.

Not looking to sell or let a property?

Introduce Winkworth South Kensington by asking a friend to leave their details, including your name, and if we go on to successfully sell or let the property, both the referrer and the referee will receive a £150 John Lewis voucher.

winkworth.co.uk/south-kensington

T&Cs apply. For more information, join our mailing list by scanning the QR code.

Bella Roupell Director

Winkworth South Kensington 020 7373 5052 southkensington@winkworth.com 123a Gloucester Road, South Kensington, London, SW7 4TE winkworth.co.uk/south-kensington

Is Your Current Agent Keeping You Informed?

With the Rent Reform Bill progressing through Parliament, is your current agent keeping you up to date on how these changes will impact you as a landlord?

At Winkworth, we take pride in delivering not only the best service to our landlords and tenants but also in going the extra mile to keep our landlords informed about the latest laws and regulations. We also host regular local events with expert guest speakers to provide additional support and insights.

Special Offer:

Quote GreenMan25 when instructing a management takeover to receive a discounted fee. (Offer valid for instructions up to 30th June 2025.)

Tenant Referral Reward:

If you’re a tenant and refer us to your landlord, and this results in an instruction, we’ll thank you with a £100 voucher

into Action!

Whether you’re buying selling, renting or letting, we are here to help every step of the way.

Winkworth | Golders Green | Finchley 0208 458 8313

goldersgreen@winkworth.co.uk

Whether you’re buying, selling renting or letting, we are here to help every step of the way.

Winkworth | Golders Green | Finchley

0208 458 8313

goldersgreen@winkworth.co.uk

Graham Gold Winkworth Golders Green

Sean Doherty Winkworth Golders Green

Winkworth Hammersmith and the Children’s Book Project

have teamed up to share the magic of books.

Help us donate gently used books to help thousands of disadvantaged children across the UK.

Winkworth Hammersmith is one of the donation points amongst a network of 450 donation points nationwide where you can drop any childrens book in the yellow donation box.

Pop into our office with books to donate.

winkworth.co.uk/hammersmith

129 Shepherds Bush Road, Book Green, W6 7LP

Winkworth Hammersmith 020 7371 4466

129 Shepherds Bush Road, Book Green, W6 7LP hammersmith@winkworth.co.uk

Winkworth Knightsbridge & Chelsea are proud to celebrate their 50th year operating across London’s Prime Residential market. In tandem, we welcome Christian Lock-Necrews, who has taken over the business and brings over 20 years of experience dealing with the best of London’s residential property.

If you are looking to sell or rent your property, and would like to see what your property might be worth in today’s market, call our Knightsbridge & Chelsea office today on 020 7589 6616 or email us on knightsbridge@winkworth.co.uk.

Recently Sold

Recently Let

& Chelsea 020 7589 6616

289 Brompton Road, Knightsbridge, Greater London SW3 2DY winkworth.co.uk/knightsbridge-chelsea

Winkworth will help with your next quest, to find your perfect nest!

Searched aroud and found now, I’m safe and sound!

Winkworth Milford On Sea 01590 642 641

5 Church Hill, Milford on Sea, Hampshire, SO41 0QH winkworth.co.uk/milford-on-sea | milford@winkworth.co.uk

<<Property Name>>

<<Address>>

<<A Three bedroom semi detached character cottage with large gardens situated in a quiet location>>

<<OIEO £675,000>>

<<3 Bedrooms, 1 Bathroom, Character property with lapsed planning to extend the kitchen and add an additional bedroom>>

EASTER EGG DESIGN COMPETITION

EASTER EGG HUNT

EASTER EGG DESIGN COMPETITION

WIMBLEDON MARKET UPATE Q2 A5 FLYER AND A4

Making a move?

Residential Market Update Q4 2024 / Q1 2025

recovery throughout 2025, following high mortgage rates and geopolitical uncertainties. Last year, Winkworth saw more cautious buyers who took their time comparing properties and waited for further mortgage rate cuts, leading

The UK Labour Party is set to announce its first post-election budget in March 2025, following their general election

rate cut of 0.25%, this is expected to create a more favourable environment for property transactions in Q1 2025. Historically, elections often lead to a period of stability that boosts buyer and

In Q1 2025, the local property market is expected to gain momentum, with steadily rising mortgage approvals, improved affordability, and boosted demand likely to stimulate both demand and transaction volumes.

For the prime market and Wimbledon areas with high-end properties, the pace of recovery may be slower, but we have

winkworth.co.uk/wimbledon

already observed signs of improvement in buyer sentiment. We are seeing a strong increase in investor demand, particularly from overseas.

Although the outlook for the property market in 2025 remains complex, with factors such as interest rate movements and government policy changes, we expect a gradual improvement in transaction levels and activity in Q1 2025. The recent post-election political stability and recent interest rate adjustments suggest a cautiously optimistic outlook for London’s property market in 2025.

Sales Market Update

Rental Market Update

The Wimbledon property market in Q1 2025 experienced a notable slowdown, with a decline in new buyer inquiries and a drop in agreed sales, particularly pronounced in the prime property segment. According to the Royal Institution of Chartered Surveyors (RICS), February was the weakest month for buyer demand since late 2023, with levels at their lowest since November 2023 across London.

A key factor influencing the market was the anticipated changes in Stamp Duty Land Tax (SDLT) set to take effect from April 1, 2025. The revised SDLT exemption threshold for first-time buyers decreases from £425,000 to £300,000, prompting many buyers to accelerate their purchasing decisions in Q1 to benefit from existing tax reliefs. This urgency resulted in a temporary surge in demand for properties priced between £300,000 and £425,000.

The Bank of England reduced its base rate to 4.5% in February 2025, following earlier reductions in August and November 2024. Despite these cuts, mortgage rates remain above pre-2022 levels. While the reductions aim to ease inflationary pressures and stimulate economic activity, their full impact on transaction volumes is yet to be seen.

Another major market shift has come with the abolition of the UK’s non-domicile (non-dom) tax status, effective from April 6, 2025. This change has prompted wealthy non-domiciled individuals to sell their UK properties, including those in prime Wimbledon locations, in anticipation of higher tax liabilities. The influx of high-end property listings has increased supply in this segment, potentially leading to price adjustments. However, Wimbledon’s enduring appeal ensures continued interest from buyers, preventing significant price drops.

Additionally, buyer preferences are evolving, with an increasing focus on energy-efficient homes. Smart technology and eco-friendly features are becoming key selling points, reflecting a broader shift in housing priorities.

The rental market in Wimbledon has experienced strong demand, pushing rental prices higher. This surge is largely attributed to corporate relocations and professionals seeking easy access to central London. Despite this demand, rental stock is not expected to increase significantly due to policy changes affecting landlord profitability, particularly with the implications of the Renter Rights Bill.

Outlook for Q2 2025

Looking ahead, the Wimbledon property market is expected to remain resilient despite economic fluctuations. Sellers may need to realign their pricing expectations to reflect reduced buyer purchasing power due to higher SDLT liabilities and borrowing costs. Family homes and larger properties will likely continue to perform well, driven by sustained demand.

The rental market is expected to remain competitive, with limited supply keeping upward pressure on rental prices. With affordability constraints making homeownership more challenging for some, demand for quality rental properties in Wimbledon will likely persist.

WINKWORTH WIMBLEDON 44 Wimbledon Hill Road London, SW19 7PA

winkworth.co.uk/wimbledon

Wimbledon

Thy

[agent]

is thy lord, thy life, thy keeper, Thy head, thy sovereign, one that cares for thee

Okay, Katherine didn’t really say that, but it works, right?

In the world of property, you need a partner you can trust—one who understands your needs and cares for your best interests.

At Winkworth, we tame the shrewish property market, guiding you with expertise and care every step of the way. Whether you’re buying, selling, renting, or letting, we’re here to make your next move a smooth one.

Winkworth Kennington

020 7587 0600 kennington@winkworth.co.uk 299-301 Kennington Road Kennington, London SE11 4QE

Looking to join a dynamic and fast-paced sales and lettings environment?

We are seeking a reliable, enthusiastic sales/lettings consultant to support our successful and vibrant team in Westbourne.

• Experience preferable however thorough training and ongoing support is offered

• Opportunity to gain valuable experience in the property industry

• Competitive salary

• Friendly team environment

Start your career journey with us in Westbourne today!

Send your CV and a brief covering letter to: bjesty@winkworth.co.uk

<<*Based

Where expertise deliver success <<Winkworth’s personalised service for million-pound properties.>>

<<So far in 2024, Winkworth has the highest conversion rate from new instruction to exchange of £1m+ homes out of the top 10 estate agents in London.*>>

winkworth.co.uk/<<office>>

Winkworth <<office>> and the Children’s Book Project have teamed up to share the magic of books.

Help us donate gently used books to help thousands of disadvantaged children across the UK. Winkworth <<office>> is one of the donation points amongst a network of 450 donation points nationwide where you can drop any childrens book in the yellow donation box.