High-value properties were the top-performers in the country house market in 2021, as buyers continued to seek space and greenery.
In the 12 months to November 2021 vs 12 months to November 2019 new prospective buyers in the £5m+ value band increased by 137%. Offers accepted in this period were up by 107% and exchanges by 84%.
In the overall country house market, which has enjoyed its strongest performance since the global financial crisis, new prospective buyers increased by 48%, offers accepted by 40% and exchanges by 44% in the same period.
“I’ve never known a time like it in 30-plus years. Leading up to the pandemic the top-end was pretty flat, however Covid has seen a resurgence of interest in the country house market, with buyers attracted to the high quality of life on offer,” said Rupert Sweeting, head of national country sales at Knight Frank.