People have long been drawn to the peace and quiet of the UK countryside. But in recent years, a number of factors have led to an increase in demand for rural property. The rise in popularity of outdoor activities, the desire for a more sustainable lifestyle, and the post-Covid recession are all contributing to this trend.
As a result, prices for UK countryside homes have been on the rise. However, the rate of growth is slowing down, making this a more viable option for many households.
There are many brilliant reasons to move to the countryside
There are a number of reasons why people are drawn to the countryside. For some, it’s the opportunity to get away from the hustle and bustle of city life. Others are drawn to the lifestyle opportunities that come with living in a rural setting.
The UK countryside offers a wealth of outdoor activities, from hiking and cycling to fishing and horse riding. And with more people working from home, there’s the added bonus of being able to escape the confines of the office.
The rise of remote working has been one of the most significant changes in the workplace in recent years.
This all changed because of the pandemic lockdown, and the effects of that will be seen and felt for many years to come. However, in many sectors, there was already a movement to this style of working.
Technology is improving all the time
Thanks to advances in technology, it’s now possible for employees to work from anywhere in the world. This has led to a number of benefits for both employers and employees.
Employers can save money on office space and other related costs, while employees have the freedom to work from wherever they feel most productive. This allows them to balance work with other aspects of their lives, such as raising children or caring for elderly relatives.
The UK countryside is an attractive option for many people who are looking for a more balanced lifestyle. With its wide-open spaces and abundance of fresh air, it’s the perfect place to escape the stresses of city life.
And with prices easing, now is the perfect time to make the move to the countryside.
Colby Short, Co-founder and CEO of GetAgent.co.uk, commented: “The homebuyer exodus of urban areas in search of larger homes in greener surroundings has been well documented during the pandemic, with this huge influx of buyer demand in many smaller rural towns leading to some very strong rates of house price growth over the last three years. However, a return to normality over the last year, in particular, has caused this trend to subside and this is having an immediate impact on property values in market towns. Countryside house prices are starting to cool after a sustained period of heightened growth but, in the majority of cases, they remain some way above their pre-pandemic benchmark. This correction will no doubt be welcomed by homebuyers local to these areas, who are now benefiting from a slightly smaller financial barrier when it comes to the cost of climbing the ladder.”
Contact Williams of Petersfield for all your 2022 housing market needs
At Williams of Petersfield, we aim to support the Petersfield community as much as we can, and we know this is an extremely trying time. A lot of people are looking for support and guidance, and if you have any property or housing related questions, we are more than happy to assist you, so contact us today.