Pembrokeshire bucking property trend
With reports of prices falling in many parts of Britain, it is heartening to hear of how the market is thriving in Pembrokeshire


Carol Peett, property search agent from County Homesearch (www.wefindhouses.com) says, ‘The market has gone totally mad here in south west Wales, which is completely bucking the trend. I am under siege with requests for homes with sea views in the mid to top-end markets, from about £400,000 to £1 million.’
* Houses for sale in Pembrokeshire
Most of the purchasers Mrs Peett is dealing with in Pembrokeshire tend to be cash buyers, who are not particularly worried about the credit crunch. ‘They come from London and the Home Counties and have got it in their heads that now is a good time to buy. Most are aged 40-plus and they want a second home where eventually, they can retire fulltime.’ Mrs Peett suggests that buying inland can provide many bargains, but most people are keener on being near the coast with watery vistas you can expect to add on another £100,000 to the price tag. ‘People are starting to realise it is 35% cheaper in Pembrokeshire than in trendier Cornwall, which has been buoyed up by the Rick Stein-effect. It is more accessible, quicker to get to than Cornwall (four hours from London), less spoilt and there are a number of beautiful beaches.’ Values in Pembrokeshire as a whole have grown by 3.6% over the last quarter, compared to Cornwall where prices rose by only 0.4%, according to the Land Registry. An average detached house costs £238,866 in Pembrokeshire, while a similar Cornish home costs considerably more at £320,048. Prices in places within the Pembrokeshire National Park such as Tenby have witnessed an annual rise of 10%. ‘People are only just discovering what good value properties are in Pembrokeshire. A Georgian terrace with six double bedrooms and steps down to the beach costs £845,000, while a big family house with several of acres of land is in the region of £750,000 to £800,000,’ adds Mrs Peett. Currently, Savills Telford (01952 239500 www.savills.co.uk) is selling a nine-bedroom historic country house, Noyadd Trefawr, with four reception rooms, six bathrooms, pool and separate three-bed accommodation, all in 11.45 acres in a wooded valley.
* Houses for sale in Pembrokeshire
Sign up for the Country Life Newsletter
Exquisite houses, the beauty of Nature, and how to get the most from your life, straight to your inbox.
Country Life is unlike any other magazine: the only glossy weekly on the newsstand and the only magazine that has been guest-edited by HRH The King not once, but twice. It is a celebration of modern rural life and all its diverse joys and pleasures — that was first published in Queen Victoria's Diamond Jubilee year. Our eclectic mixture of witty and informative content — from the most up-to-date property news and commentary and a coveted glimpse inside some of the UK's best houses and gardens, to gardening, the arts and interior design, written by experts in their field — still cannot be found in print or online, anywhere else.
-
17 outstanding homes for sale across Britain, from under £250k to £6.5 million, as seen in Country Life
Something for every budget in this week's round up of homes across the country that have come to market via Country Life.
-
'We started thinking: if we were going to design a bike for Aston Martin, what would it look like? And then we simply couldn’t stop': Aston's new bike has everything you could ever dream of — except a price tag
The new Aston Martin .1R bicycle, a collaboration with manufacturer J.Laverack, leaves Paul Henderson stirred rather than shaken.