Camberwell Property – December 2020

11th December 2020 posted in Sellers Buyers

At the start of December 2020, Rightmove had a total of 352 properties listed for sale in Camberwell.

The highest priced property was listed at £3,2750,000 and this is a five-bedroom property in Myatts Field. The next highest priced property listed under Camberwell is at a price of £3,250,000. This is a three-bedroom terraced property in Southwell Road.

The lowest priced property was a £101,250 flat on Camberwell Street, and then the next is a similar property listed at £102,500. These are the extremes of the property market in and around Camberwell, but it should indicate there is something for all range of budgets.

Of the 352 listed properties in Camberwell, only four are listed as detached properties. There are not many more semi-detached properties for sale in the area, with only 14 listed for sale.

Flats are the most common property for sale in Camberwell

There is an increase when it comes to terraced properties, with 51 terraced properties listed for sale in and around Camberwell according to Rightmove at the start of December.

Therefore, it shouldn’t be a surprise that the most popular form of property listed for sale in Camberwell is flats. There are 278 flats listed for sale, which is indicative of what the market has to offer.

It might be that there is an increase in the supply of flats as people are looking to sell this style of property, and make their way to a larger home.

The lockdown period has caused many people re-valuate what matters to them, and people are looking for more space in their living arrangements. However, there will be just as many people attracted to the idea of living in a flat in Camberwell.

It should be stated there are many spacious flats in and around the Camberwell area, so it is not as if you are compromising on space or style when looking at property of this kind.

Garden space and parking spots are in high demand

The recent Zoopla buyer search terms list, which placed gardens as the most popular search of the year, is a reminder of what people are looking for in a new home. With parking and garages also featuring in the top three, these are clearly crucial components buyers are looking for when they snap up a new home.

Of the 352 listed properties in Camberwell, 195 have been listed has having a garden. When you consider the abundance of flats for sale in the local area, this is a strong return. Also, there are many green and spacious areas within easy reach of most properties in this region.

If you are looking for property with a dedicated parking space, there are 122 listings with parking for property in Camberwell.

A total of 73 properties for sale in Camberwell are listed as offering a garden and parking space.

Buyers’ top 10 most-searched terms

If you are looking for inspiration as to what people are searching for in a home, the most commonly used search terms on a popular property listing will give you a great start. The top 10 most-searched for terms from buyers in 2020, according to Zoopla, is as follows:

  1. Garden
  2. Garage
  3. Parking
  4. Detached
  5. Rural
  6. Secluded
  7. Bungalow
  8. Balcony
  9. Annexe
  10. Freehold

The top 10 most-searched for terms from buyers in 2019, according to Zoopla, is as follows:

  1. Garage
  2. Garden
  3. Parking
  4. Bungalow
  5. Detached
  6. Annexe
  7. Freehold
  8. Rural
  9. Acre
  10. Seaview

The top three remain the same, even if the order has changed. With garage and parking both featuring in the top three, space is crucial, but in 2020, the need for garden space is the most important search term.

The two new search terms in the Top 10 are secluded and bungalow. Again, this is not surprising given how 2020 has panned out.

It is also useful to consider changes in what tenants are looking for these days. It is natural there is more focus placed on what buyers are looking for, but the needs of tenants, and the rental market as a whole, is still vital.

The top 10 most-searched for terms from prospective tenants in 2020, according to Zoopla, is as follows:

  1. Garden
  2. Parking
  3. Garage
  4. Balcony
  5. Pets
  6. Flooring
  7. Bills included
  8. En-suite
  9. Rural
  10. Student

While the most commonly used searches are the same as buyers, there is a change of priorities in what tenants are looking for in the rental market.

If you are looking for guidance or information regarding the housing market, please get in touch with Hunters Camberwell. As a local estate agent who has the support of a national network, we are ideally placed to provide you with all the help and guidance you need to make an informed decision, so please contact us today.