Whether you’re moving to West Molesey or selling your home, here’s all you need to know about house prices in West Molesey in 2022. Discover what’s happening to house prices in West Molesey, across the UK property market and whether now is a good time to buy.
What’s happening to house prices in West Molesey?
In May, The Land Registry stated UK house prices had risen by 12.8% year-on-year. However, property market experts do not expect this rapid increase to continue throughout the year due to the government’s Stamp Duty Land Tax holiday, which caused the property market to soar, coming to an end.
Now, after the 2021 home-moving frenzy, the number of property sales each month is closer to pre-pandemic levels.
Is the UK Property Market Slowing Down?
The UK property market is currently experiencing an imbalance between supply and demand. Many buyers have struggled in their property search due to a lack of available properties on the market.
The current cost of living crisis and higher mortgage rates are other factors that indicate the UK property market is slowing down. The predictions from property experts and estate agents, such as Zoopla and Knight Frank, differ with Rightmove expecting a 5% increase in house prices in the second half of 2022 and Savills expecting a 1% decrease in house prices in 2023.
House Prices in West Molesey, 2022
According to the UK property portal Rightmove, properties in West Molesey had an overall average price of £487,505 over the last year. During the last year, most property sales in West Molesey were semi-detached properties, selling for an average price of £576,691. Terraced properties in West Molesey sell for an average of £446,664, with flats reaching £281,108.
Sold prices in West Molesey, Surrey over the last year show an increase of 2% on the previous year.
Should I move to West Molesey?
Moving to West Molesey in Surrey may be the perfect move for you, whether you’re moving with your family, for a job opportunity, retirement or you’re a first-time buyer.
West Molesey and its twin town East Molesey are located in Surrey on the south bank of the River Thames and serviced by Hampton Court railway station for easy commuting to London. The market town boasts plenty of nature reserves and nearby green space, including the grounds of Hampton Court Palace and Bushy Park, as well as fantastic sports facilities, bars, and traditional public houses.
Moving Home with The Self Storage Company
Moving home can be one of the most stressful life events, especially if there are unforeseen delays in the buyer’s chain or you require temporary accommodation while waiting for your new keys. However, moving home with The Self Storage Company can help to save you time and money and make your experience as stress-free as possible.
Our modern West Molesey self-storage units, ranging in size from 10sqft to 275sqft, are perfect for storing furniture, household items and personal possessions for as long as you need. Whether you’re storing a few boxes of clothes or the entire contents of a family home, you’ll benefit from peace of mind due to our professional security system with site-wide CCTV, intruder alarms and smoke detectors at The Self Storage Company West Molesey.
Find out how The Self Storage Company can help you move to West Molesey today by calling our dedicated self-storage team on 0203 941 0030. We also offer affordable business storage for West Molesey start-ups and small businesses.
You can also use our TSSC size guide for help choosing the right-sized storage unit. Our 10sqft units can fit up to 20 boxes, and our 200sqft storage unit offers the equivalent space of a 20ft container and can store the contents of a 5-bedroom home.
Book a West Molesey self-storage unit online today to receive 50% off your first 8 weeks of storage!
Find our self-storage facility at 61 Central Avenue, West Molesey, Surrey, KT8 2RF.