To think houses with big gardens will go up in value

[Elpresidente29]

I’m thinking that after lockdown houses with premium/large gardens will go up in value and be more sought after in/around London area?

PS I have lived through several property price crashes.

The Coranavirus will cause the biggest I have ever witnessed.

We live in London, and houses with big gardens already carry a premium price tag. I don't think coronavirus will increase this as it was already a sought - after feature anyway.

I love my garden, we have a field at the back. I appreciate it even more since lockdown. We won’t move, this is our forever home 😊

I think the fact that so many people can now work from home will mean less emphasis on London or other city homes and the demand will be for houses with space a lot further out.

I'm so glad we had an extension last summer and turned our very small garage into an office. It has been invaluable with us both working from home. Also glad all four teens have got their own rooms to be able to study and have space. Dh has probably come off worse having to work from the bedroom.

"I read a piece today that reckons house prices in London went up in April! Seriously, when all moving and transactions have been out on hold. Then I saw this came from Rightmove. A non biased bit of reporting then - no conflict of interests there.

Of course they know.

www.rightmove.co.uk/house-prices.html

"
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Simply enter the postcode of the area you are interested in above, and we will give you the low down on average and individual sold prices since May 2000."

Fantastic free resource for anyone thinking of buying or selling (and all nosy parkers like me)

I'm lucky in that I have a 'garden' the size of a postage stamp! I'd like a bigger garden for the children to be able to burn off some steam! The size of our garden now, by the time they run they're up to a wall of a fence.

I'm already thinking once this is over we need a bigger garden. I'd also like a bigger house, 1 room extra than we have. So that extra room can be as far away from the living space as possible, to seek just 5 minutes of peace!

People may want houses with gardens but we are heading to v difficult economic times and they may not be able to afford one...

Isn't it obvious ? So you have space in this situation if it re occurs.

Not obvious to me.

I think it’s nuts to be choosing a house on the basis of the next global pandemic, which may not come for another fifty years and may have very different properties to this one (i.e. there may never be another lockdown like this in our lifetimes.)

Also, bear in mind that your lively kids who might now want a big garden for football or a trampoline will soon become slothful teens who’ll be sleeping until noon.

Much more sensible to choose a house on the basis of what we know is coming - climate change.

I think perhaps asking prices on flats will go down and small (ish) gardens will be in more demand, rather than big gardens.
We have 1/2 an acre and it's perfect for me, a keen gardener. I don't think most people would want that much space as without help we have to devote most of our weekends to maintaining it. It has been an absolute dream for the kids during lockdown, as well as for me.

I have a large garden - can’t say I’ve used it much at all in lockdown 🤷🏻‍♀️

I have a reasonable sized garden, with large decking, hot tub, BBQ and lawn. April weather was fantastic (SE England). I used my garden every day for hours, sunbathing, working on laptop, BBQ's, hitt workouts, in the hot tub with the kids. Without a garden lockdown would've been miserable but it's actually been enjoyable.

@Summerofloaf our orchard has been turned into a wildflower meadow however it takes quite a few years to establish and a lot of work whist that happens
We've had to fight quite a few invasive weeds/plantings that the previous owners let run riot - ground elder, ivy, bastard bamboo!

@480Widdio

How sure are you, Widdio?

What percentage drop, do you think?

www.barnardmarcusauctions.co.uk/auctions/19-may-2020/220017/

North London, one bed flat £189,000 at auction

Surely that indicates there is a reduction happening already?

There was a report down here in the paper a week or so ago, that house prices in Cornwall have just increased by 10%. But let's see if that trend continues.

I think outside space is going to become more important. All of the new builds these days have pretty much zero front garden and a postage stamp for a back garden, so I think when older properties come on the market with better outside space, they will sell.

I'm in a house built in the early 70s and being on a corner I get a side garden (and detached, so that's a bonus), but all of the houses in our row have back gardens over 30ft long. That's unheard of these days. Across the road it's the same as well.

We have an average garden but if you plan it carefully you can have different seating areas, we have three different areas so can follow the sun or shade and eat outdoors. It's by no means a large garden.

I think its still going to be based on location, I would take a flat or a small property with very little garden, but in a remote location, where I can at least walk.

So while houses with a garden might go up, those places that are not considered because of their location (not good public transport etc) may also go up

@PhilCornwall1 I'll be interested to see if that trend continues too once potential buyers realise the only local hospitals of any size are at Plymouth, Treliske and arguably Exeter and Barnstaple depending on location. Plus how few dual carriageway there are and the transport available if you don't drive...

*carriageways. Aaaagh. Oh for an edit button!!!!!!

I think a medium sized garden is better.
I have a large garden, but would prefer something smaller which would be easier to maintain.

We’ve got a really small garden but it has an office in it an the house has 4 bedrooms so we’ve also got an office there.

We bought the house (rather than one with a bigger garden in a different area) because it’s in catchment for excellent schools and very near the station for my commute. So currently feeling like a chump tbh. Although obviously glad we both have a space to work. We nearly bought a place right in the centre with no garden on the basis that it was right opposite a park and that would be as good. I’m glad we didn’t do that now.

I do think (and this would be a good thing in many ways) that there might be more working from home and so people might not need to cluster round London in quite the same way.

I've been thinking this a bit and came to a conclusion that it might not. I think gardens are valuable enough without pandemic and those wanting them just want them more. People not fussed with them probably wouldn't want the change. It's also a lifestyle choise since it is likely to require moving to a different area.

@Raccoon2020vision It's been like it for years though. The prices of houses have rocketed down here and they are selling. It's madness to be honest, because as you say, the hospital facilities are rubbish in Cornwall and let's be honest, there is bugger all down here.

@PhilCornwall1 I know, I love it when we visit Cornwall but we always try to buy local and eat local when we're down there and stay in a B&B or a family-run hotel rather than AirBnB. (We like walking and photography and sketching so it's a truly lovely location for us.)

Over the years it has really, really saddened us how many long-standing local families and their kids have been pushed out by people buying up property at what, to them, is a dirt cheap price but is out of reach of those on local wages. And then, to add insult to injury, those property buyers only ever visit once or twice a year and turn up with their car boots full of stuff from Harrods Food Hall and the like!