# Latest Reseach Reveals Prime Surrey House Price Growth Exceeds London: Scarcity Of Ultra-Prime Surrey Estates Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2018-02-24 Category: LIFESTYLE Category URL: https://financedigest.com/category/lifestyle Meta Title: Luxury Property Price Growth in Prime Surrey Outstrips London Meta Description: Discover how luxury homes in prime Surrey are now rivaling prime central London prices, with larger properties at better value for money. Find out more in the URL: https://financedigest.com/latest-reseach-reveals-prime-surrey-house-price-growth-exceeds-london-scarcity-of-ultra-prime-surrey-estateshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd240218-15-1736842967351-compressed.jpg) Price growth for luxury homes across prime Surrey’s best addresses now exceeds that of prime central London, with average property prices for ultra-prime Surrey homes across Wentworth, Sunningdale/Wick Lane and St George’s Hill now rivaling those of Chelsea, Kensington and Marylebone, and are over twice the size of London prime properties. These are just some of the findings of a new research publication entitled **Prime Surrey Market Report**, commissioned by ultra-prime residential specialists **Beauchamp Estates** and **Barnes Private Office**. With analysis by **Dataloft**, the market intelligence group, the report used **Land Registry**, **LonRes** and **ONS** data to review properties sold for over £2 million across prime Surrey and over £2 million and above £5 million in prime London between 2015 to 2017. The [report found that for homes sold over £2 million during a 12 month](https://www.financedigest.com/whatsapp-bans-2-4-million-indian-accounts-in-july-monthly-report.html "WhatsApp bans 2.4 million Indian accounts in July – monthly report") period, property prices had risen by an average of 14.1% in Runnymede (Wentworth, Sunningdale/Wick Lane and Virginia Water) and 8.9% in Elmbridge (St George’s Hill, Oxshott and Cobham), compared to just 1.1% in prime central London. Over the last five years, average values have jumped by 44.9% in Runnymead and 45.5% in Elmbridge, compared to 27.9% across Prime Central London. The [report looked at the top-5 most prestigious addresses](https://www.financedigest.com/rising-to-the-challenge-addressing-the-difficulties-of-pillar-2-reporting.html "Rising to the challenge: Addressing the difficulties of pillar 2 reporting") in Surrey, which command the highest property values, and sales in excess of £5 million. The [research data highlighted that at this level of the market](https://www.financedigest.com/bacillus-coagulans-market-research-report-2022-global-forecast-till-2028.html "Bacillus Coagulans Market Research Report 2022 – Global Forecast till 2028") Wentworth, with its exclusive Wentworth Estate, is Surrey’s top address, with the typical prime property selling for £8.4 million: higher than equivalent values for Kensington & Chelsea (£8 million), Marylebone (£7.3 million) and Fulham/Chiswick (£5.2 million).  St Georges Hill is Surrey’s second most prestigious address at this [level in the market](https://www.financedigest.com/electronic-board-level-underfill-and-encapsulation-material-market-to-expand-at-a-cagr-of-5-5-by-during-the-forecast-period-of-2020-2030.html "Electronic Board Level Underfill And Encapsulation Material Market to expand at a CAGR of 5.5% by during the forecast period of 2020-2030"), with the typical prime property selling for £7.8 million, again rivaling equivalent values in prime central London. Oxshott and Esher/Cobham follow with typical prime property averaging £6.3 million in both locations. Over the last two [years for residential property sales above £2 million 95.6% of deals in prime Surrey were for large detached houses set in substantial](https://www.financedigest.com/e-prescribing-market-sales-revenue-to-substantially-surge-in-the-next-ten-years.html "E-Prescribing Market Sales Revenue to Substantially Surge in the Next Ten Years") grounds, compared to just 2% for prime central London. In contrast, for prime central London, 60% of £2 [million plus sales are for apartments and 30% for terraced houses](https://www.financedigest.com/spains-king-felipe-reveals-2-6-million-euros-in-wealth-in-bid-to-make-royal-house-more-transparent.html "Spain’s King Felipe reveals 2.6 million euros in wealth in bid to make Royal House more transparent"). A typical home in Wentworth costs just £1,048 per sqft, compared to £1,682 per sqft for prime central London (average) and £3,112 per sqft and £2,951 per sqft for Mayfair and Knightsbridge/Belgravia respectively. Comparable prime luxury homes in Sunningdale/Wick Lane cost just £793 per sqft; £710 per sqft in St Georges Hill; £642 per sqft in Oxshott; £618 per sqft in Esher/Cobham. The [report goes on to explore ultra-prime properties across the Surrey market:](https://www.financedigest.com/research-report-explores-the-id-card-printers-market-will-grow-at-4-cagr-by-2021-to-2031-persistence-market-research.html "Research Report Explores The ID Card Printers Market Will Grow At 4% CAGR By 2021 to 2031: Persistence Market Research") over the last two years in Wentworth, Sunningdale and St George’s Hill over 15 properties have sold at prices in excess of £10 million. The report highlights that these ultra-prime properties offer buyers considerably more living and outdoor space than their ultra-prime central London counterparts and consequently can be better value-for-money: at the very [top end of the market](https://www.financedigest.com/benzylamine-market-top-key-players-latest-trends-regional-insights-and-global-industry-dynamics-by-2026.html "Benzylamine Market Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2026") ultra-prime Surrey residences provide buyers with on average 7,950 sqft of internal living space, set in grounds that are generally around five acres or more, compared to prime central London with just on average 3,678 sqft, of internal living space and outside space generally limited to a small garden or terrace. For [homes priced](https://www.financedigest.com/home-prices-are-setting-records-while-mortgage-rates-plunge-is-it-time-to-refinance.html "Home Prices Are Setting Records While Mortgage Rates Plunge – Is It Time To Refinance?") above £10 million, the report found that the prime Surrey market has become like that of Central London in several ways. Firstly, ultra-prime purchasers in both Surrey and London want turn-key (dressed for immediate occupation), newly built or newly refurbished [luxury homes](https://www.financedigest.com/the-irrevocable-innovation-to-drive-the-ready-to-move-in-luxury-homes-market.html "The Irrevocable Innovation To Drive The Ready To Move In Luxury Homes Market"), or the opportunity to undertake their own development and realise their own personal design and style, creating a family mansion.  For the most exclusive and private homes, £15 million and over, Surrey offers the scope and scale for mini-estates or compounds, with the potential to become generational homes for ultra-high [net worth](https://www.financedigest.com/air-separation-plant-market-projected-to-expand-at-a-cagr-of-5-to-attain-a-net-worth-of-us-7-9-bn-by-the-end-of-2028-fmi.html "Air Separation Plant Market projected to expand at a CAGR of 5% to attain a net worth of US$ 7.9 Bn by the end of 2028: FMI") families. Many [properties being sold and acquired in the top-5 addresses are being lavishly rebuilt or refurbished by developers](https://www.financedigest.com/bridging-finance-for-property-development.html "Bridging Finance for Property Development") or private buyers. However, sites in the very best locations are rare, with sites that offer the possibility of scale development in these areas rarer still.  These ultra prime Surrey mini-estates, due to their size: either plot and/or property, stand outside [average market](https://www.financedigest.com/fine-chemicals-market-is-estimated-to-witness-an-average-pace-with-a-cagr-of-5-4-during-the-forecast-period-2022-2032.html "Fine Chemicals Market is estimated to witness an average pace with a CAGR of 5.4% during the forecast period 2022-2032") data, as standard analysis does not reveal their true value.  Sunningdale/Wick Lane contains a number of these properties: Sandylands on Wick Lane is a site of approximately six acres, offered for sale at £7.5 million, with planning permission for a seven bedroom Adam Architecture designed classic residence (22,252 sqft, 2,080 sqm), with landscaping scheme by Randel Siddeley.  Fully realised the estate would be [valued in today’s market](https://www.financedigest.com/sulphur-recovery-technology-market-value-to-grow-by-almost-1-2-billion-during-2021-2031.html "Sulphur Recovery Technology Market Value to Grow by Almost .2 Billion During 2021-2031") at approximately £27 million. Surrey is exceptionally well located for travel connections, being near a number of airports both private and public, and also easy [road and rail](https://www.financedigest.com/road-rail-vehicles-market-analysis-trends-top-manufacturers-share-growth-statistics-opportunities-and-forecast-to-2027.html "Road-Rail Vehicles Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2027") access to central London. Surrey’s proximity to London, coupled with the number of excellent local schools in the area and exceptional life style: Windsor Great Park, world class golf courses, equestrian facilities, polo clubs, horse racing, etc. make the location exceptionally and enduringly appealing to both [national and international buyers](https://www.financedigest.com/answering-the-nations-first-time-buyers-questions.html "Answering the Nation’s First-time Buyers Questions"). Buyers are increasingly aware of the benefits, financially and in regard to both life style and work-life balance, of [securing larger homes in Surrey and retaining a pied a terre in central London](https://www.financedigest.com/london-police-say-queens-funeral-poses-biggest-ever-security-test.html "London police say queen’s funeral poses biggest ever security test").  As the Surrey [market continues](https://www.financedigest.com/welding-consumables-market-continue-to-be-largest-product-segment-in-consumer-market.html "Welding Consumables Market Continue to be Largest Product Segment in Consumer Market") to out-pace London and its appeal shows no sign of diminishing with all buyer groups, Surrey increasingly represents an excellent investment opportunity. Like the residents of Mayfair, Belgravia, Kensington and Chelsea, prime Surrey’s [top locations are highly cosmopolitan with property owners including](https://www.financedigest.com/title-interventional-pulmonology-market-shows-huge-demand-and-future-scope-including-top-players-2031.html "Interventional Pulmonology Market Shows Huge Demand and Future Scope Including Top Players 2031") Middle Eastern and Asian royalty, international business tycoons, sporting personalities and celebrities, including Judi Dench, Sir Michael Caine, Andy Murray and Kenneth Branagh. Gary Hersham, **Managing Director and Founder of Beauchamp Estates** says: “Less than an hour’s commute from the capital and some10 miles or so from Heathrow, Surrey’s exclusive estates provide the perfect country retreat for ultra-prime buyers, complementing their home in central London: a number of our ultra high-net-worth clients own [luxury homes in both central London](https://www.financedigest.com/how-to-grow-your-luxury-boutique-brand-online-james-sanders-london-diamonds.html "How to grow your luxury boutique brand online – James Sanders London Diamonds") and ultra-prime Surrey.” Alex Newall, **Managing Director of Barnes Private Office** says: “Prime Surrey has outperformed the capital’s most exclusive enclaves in terms of both [price growth](https://www.financedigest.com/oil-prices-hold-firm-amid-hopes-for-economic-growth.html "Oil prices hold firm amid hopes for economic growth") and average values. Like those areas of London, the very best properties in ultra prime locations in Surrey [come to the market](https://www.financedigest.com/constructive-digitization-to-let-the-tissue-diagnostic-market-come-of-age.html "Constructive digitization to let the Tissue Diagnostic Market come of age") infrequently. Buyers seeking to secure a family [compound or small estate that offers scale of accommodation and privacy have few options at the very top end of the Surrey market](https://www.financedigest.com/animal-drug-compounding-market-trends-business-strategies-and-opportunities-with-key-players-analysis-2030.html "Animal Drug Compounding Market Trends, Business Strategies and Opportunities With Key Players Analysis 2030").  The protected landscapes and parks in the area mean that increasingly [options for securing](https://www.financedigest.com/balancing-britains-energy-security-options-as-prices-rise.html "Balancing Britain’s energy security options as prices rise") sites, either as completed projects or with development potential and permission are extremely rare.” Jeremy Pelissier, **Associate at Beauchamp Estates** says: “The prime Surrey and prime London residential property [markets increasingly share](https://www.financedigest.com/skull-deformity-implants-market-share-top-operating-players-recent-enhancements-and-regional-analysis-2028.html "Skull Deformity Implants Market Share, Top Operating Players, Recent Enhancements and Regional Analysis 2028") many similar characteristics, however London can rarely compete in regard to the size and scale of Surrey’s ultra-prime properties. These landed mansions sit in their own grounds and some, such as Sandylands, have the scope to become generational homes, that are set to offer substantial increases in value over the [coming](https://www.financedigest.com/refrigerated-trailer-market-to-exhibit-increased-demand-in-the-coming-years.html "Refrigerated Trailer Market to Exhibit Increased Demand in the Coming Years") years.” --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---