The latest research by central London estate agency, Bective, has found that handbags and houses have been the best performing places to put your money when it comes to pandemic appreciation, showing a stronger annual increase than the likes of classic cars, art, and gold. 

The research shows that: –

• When it comes to long term returns, there has been no better investment over the last decade than classic cars. 

• On average, their value has grown by a whopping 193% with luxury handbags (108%) and watches (89%) also proving some of the best ways to invest our money. 

• When it comes to house price appreciation, a bricks and mortar investment would have yielded a respectable 60% return over the last decade. 

• However, property has proved the best pandemic investment where the annual return is concerned, second only to one other investment avenue. 

• In the last year, UK property prices have climbed 10.2%, a rate of growth beaten only by luxury handbags which once again ranked top of the table with an annual return of 17%. 

• Classic cars (6%), watches (5%) and luxury furniture (5%) have also proved profitable, but not every area of lifestyle investment has been as buoyant. 

• The worst place to have put your money during the pandemic based on annual growth has been art (-11%), gold (-5.5%), coloured diamonds (-1%), and coins (-1%), all of which have seen their value fall on an annual basis. 

You can read the full release below but for any further info please get in touch.

James Lockett

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ProperPR

Handbags and houses prove the best places to put your money during the pandemic

The latest research by central London estate agency, Bective, has found that handbags and houses have been the best performing places to put your money when it comes to pandemic appreciation, showing a stronger annual increase than the likes of classic cars, art, and gold. 

While a sustained period of extremely low interest rates has been great for those looking to borrow, savings accounts have suffered providing very sluggish rates of return. 

So Bective looked at a range of lifestyle investment options from classic cars to bricks and mortar, art, coins and jewellery, to see which has proved the best when it comes to an alternative place to put your money during the pandemic. 

When it comes to long term returns, there has been no better investment over the last decade than classic cars. On average, their value has grown by a whopping 193% with luxury handbags (108%) and watches (89%) also proving some of the best ways to invest our money. 

When it comes to house price appreciation, a bricks and mortar investment would have yielded a respectable 60% return over the last decade. However, property has proved the best pandemic investment where the annual return is concerned, second only to one other investment avenue. 

In the last year, UK property prices have climbed 10.2%, a rate of growth beaten only by luxury handbags which once again ranked top of the table with an annual return of 17%. 

Classic cars (6%), watches (5%) and luxury furniture (5%) have also proved profitable, but not every area of lifestyle investment has been as buoyant. 

The worst place to have put your money during the pandemic based on annual growth has been art (-11%), gold (-5.5%), coloured diamonds (-1%), and coins (-1%), all of which have seen their value fall on an annual basis. 

Bective’s Head of Sales, Craig Tonkin, commented:

“The pandemic has certainly proved problematic but despite the ongoing uncertainty caused by Covid, there remain a number of profitable avenues of investment for those wishing to make their money work harder.

Despite many predicting the demise of the UK property market at the start of 2020, we’ve seen a bricks and mortar boom push house prices to new highs, bringing strong returns for everyone from the average homeowner, right the way through to the major housing developer. 

While we look set to return to some sense of normality this year the value of property is expected to climb further still and the property sector remains a key area of growth, providing one of the most consistent, accessible investment options there is for those looking to make a lifestyle investment.”

House price growth sourced from the Gov.uk – UK House Price IndexGold price data sourced from Gold Price HistoryData on the value of handbags, classic cars, watches, furniture, coins, jewellery, art and coloured diamonds sourced from the Wealth Report 2021

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Notes:

• Bective was founded in 1881. It was purchased in 1995 by Christo Headfort the Earl of Bective who was once described as ‘the poshest estate agent in Britain’. See here 
• Bective operates sales, lettings and property management from six West/Central London locations – Notting Hill, Kensington, Ladbroke Grove, Chelsea, Brook Green and Berkeley Square
• Bective is backed by a team of well-known and experienced London estate agents including Thomas Dainty as Head of Lettings and Property Management and Craig Tonkin as Head of Sales
• Bective supports environmental charities including https://habitatsandheritage.org.uk/ and https://westlondonwaste.gov.uk/take-action/work-with-us/ 
• Bective are taking the lead in guiding clients to a more sustainable way of living – providing tools such as handover packs with LED light bulbs, wildflower seeds, zero waste and reusable household goods, items to make household cleaning products, recipes, leaflets with green energy provider details with a Bective discount applied, a guide on recycling, wildlife friendly landscaping and so on