Why are 50% of buyers moving into the area?

Just look at how popular Warwickshire and the West Midlands are!  Almost 50% of our buyers are moving here from outside the area we cover.  When you think about it, these figures are quite extraordinary really, why do people move to be around here?   Well, I’ve lived here all my life (aside from a spell down London way) and can attest to all the wonderful qualities our area has to offer.

1. Communication links - how lucky are we to be close to, yet not suffer with noise from the motorways, with the M40, M42, M5 and M6 all readily accessible.  The Fosseway is also popular.
2. Great schooling – whether your choice is state or private sector, there really is something for everyone be it all girls, all boys or mixed.  There seems to be fierce competition for the village schools and properties in a village with a good school are always sought after.
3. Family life – regardless of whether you are single, a couple or have a hoard of children there is much to do.  With plenty of cultural, social, recreational and retail options, there really is something around here for everyone.

We are selling property in Stratford-upon-Avon town centre between £250 and £375 per sq ft, what does this make your house worth?

Over the past three months, houses within walking distance of Stratford town centre are selling and selling strongly at that.  The general rule of thumb is properties are achieving somewhere between £250 per sq ft and £375 per sq ft, this is a real indicator that people don’t just want to move but the need to move.

People are buying and selling for a variety of reasons, some are moving to be in the right catchment areas for good schools, others are moving for work and career reasons, however, by far the majority of buyers are downsizing right now, I would estimate about 60% of buyers are looking for a smaller and cheaper property.

This is all relative of course, someone moving down from a larger 4000 sq ft house may be just as happy living in a 2000 sq ft home, allowing them to release capital, pay off mortgages or reduce their utility and maintenance bills.

Whatever someone’s reason for selling, the reality is the price per sq ft is remaining strong because there is still a lack of stock in the marketplace.

So, are you thinking of selling, what does this make your house worth?  Please give us a call for a free market appraisal of your home.