Winter Market Update 2022

Market Commentary

We are now in the last quarter of 2022 and the demand for rental properties in the Weybridge, Cobham, Walton and Esher areas has remained at an all-time high and probably the highest we have seen for some years. The effect of huge tenant demand combined with a shortage of properties has resulted in pent up demand and big increases in rental figures. We are experiencing continuous enquiries from Relocation Agents searching at all levels of rental for their clients, many of whom are already in the UK and housed in temporary accommodation. In many cases properties are being let within hours of coming to the market and frequently going for, over asking price. Applicants know they need to come forward with their best and final offers in order to avoid disappointment and it is still very much a landlords market. We are still seeing demand from local applicants who have exchanged contracts on the sale of their properties and wish to rent for a year or two whilst watching the sales market before considering a purchase again.

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+4.2%

Change in rents in Weybridge, in the last year.

+5.4%

Projected change in private rented households in Weybridge (next decade).

+3.8%

Change in rents in Cobham, in the last year.

+1.3%

Projected change in private rented households in Cobham (next decade).

Featured property

Featured property

Within close proximity to Walton Station is this stylish detached period family home. The property has been fully modernised to a high standard including a sound system and Lutron lighting. This family home offers light and spacious accommodation set over two floors.

Ashley Road, KT12

Top tip: keep the heating on

Your tenants will likely have put their heating on by now, but if they haven’t, or if your property is unoccupied, it’s important to keep the heating on a low level, we advise around 15°C. It’s also wise to ask your tenants whether you can visit the property regularly to keep an eye on it.

Local events

APW Property Sponsors the AWS Christmas Fayre

We are very excited to sponsoring the AWS Gift Fayre after the event took a two year break. The Gift Fayre features over 100 vendors displaying quality, unique, handmade crafts, arts, clothing, novelties and gadgets, Christmas decorations, gift items and more.

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The Winter Weybridge 10k

This 10k scenic route is set against the backdrop of Walton Bridge. With a mix of the town-centre and rural, riverside scenery, this route has some for everyone. Great for beginners and experienced runners alike, this race has people coming along for the outstanding atmosphere.

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Winter Shopping at The Garden Cobham

The Winter Shopping Event on Thursday 18 November at The Garden Cobham is a chance to find interesting and original items that are generally not available on the high street. It will feature some lovely local Cobham businesses selling jewellery, cashmere, Scandinavian designs, festive food and more.

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Lettings: APW Property Lettings is a trading name of Countrywide Residential Lettings Limited, Registered in England Number 02995024, Registered Office: Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP. Countrywide Residential Lettings is an agent and subsidiary of Countrywide Estate Agents Limited, Registered in England Number 00789476, Registered Office: Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP.
Countrywide Residential Lettings Limited is a member of and covered by the ARLA Propertymark Client Money Protection Scheme. Countrywide Estate Agents Limited is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority.

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