October Newsletter

Market analysts predict 21-25% house price capital growth in the next 5 years!

The UK housing market has performed more strongly than many anticipated so far this year, with average values increasing by 1.1%.

The outlook for 2024 has improved since our last November forecasts, primarily thanks to falls in the cost of mortgage debt. We now expect UK house prices to rise by 2.5% this year.

Improving economic performance, combined with steady cuts to the base rate, will open up more capacity for growth from 2025.

The average UK house price rose by a net figure of +1.1% in the first three months of the year, according to Nationwide. This brought annual house price growth to 1.6% at the end of March.

In addition, monthly mortgage approvals in February rose above 60,000 for the first time since September 2022, and the RICS reading for new buyer enquiries moved back into positive territory...

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Southwood Heating Solutions sponsor our local team on a special charity day at Sheerwater FC

Sheerwater FC took on local rivals Knaphill on Saturday 5^th October in an entertaining 2-2 draw at The Eastwood Centre.

Pilgrim's contractor Ash Pullinger from Southwood Heating Solutions kindly agreed to sponsor the game and presented the Man of the Match award (Ash pictured with Sheerwater MOTM Liam Avery). It was a great day raising money for The Woking & Sam Beare Hospice.

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HOT PROPERTIES FOR SALE

SUMNER PLACE, ADDLESTONE, KT15

£650,000

Pilgrims Sales & Lettings offer this modern four bedroom detached family home situated... Read More

BELGRAVE MANOR, BROOKLYN ROAD, GU22

£450,000

Three bedroom home situated within a short walk from Woking town centre and... Read More

HOT PROPERTIES TO LET

THE HORSESHOE, GODALMING, GU7

£1,995 PCM

Stunning two bedroom detached home situated on a corner plot within a quiet... Read More

PYRFORD ROAD, WEST BYFLEET, SURREY, KT14

£1,695 PCM

Recently re-decorated executive two-bedroom apartment located in the heart of West... Read More

Pilgrims Sales and Lettings are now working with Southwood Heating Solutions, specialising in professional Plumbing, Gas, Heating, Property & Maintenance Services.

Email: [email protected]

Contact Number: 07545910418