Why do they like having a property in Surrey? Surrey dwellers know that there are specific areas of the county that appeal to the wealthy and well-known more than others; is this a Surrey secret or does the remainder of the country and even the world find out about these hidden gems of magnificent properties in Surrey? Just this week Virginia Water hit the headlines for having streets amassed with millionaires, is it an overspill from London or are there different lifestyles and property attraction elements at play?
James Wyatt, Senior Partner of Virginia Water estate agency Barton Wyatt informs us:
“There are several elements that make individuals want to come and dwell right here - none of which include Virginia Water being an overspill from London, quite the opposite, rich enterprise folks transfer out of London to the likes of Virginia Water intentionally to improve their standard of family living. We even have a large number of overseas buyers who have been attracted by the exclusivity of the realm and its distinctive residing; international buyers are drawn primarily from Russia, Kazakhstan and the Far East.
1. The placement is spot on for commuters. We're just a one hour commute door to door into the City. Communications are excellent with the M25, M3 and M4 shut by giving quick entry to the motorway network, London, Heathrow, Gatwick and Farnborough which allows enterprise people quick and easy access to Europe and beyond.
2. Virginia Water really is a inexperienced and nice land. There is no such thing as a beating Surrey for its gorgeous countryside and the lake at Virginia Water makes this a really special place for families to live. Plus the native centres of Virginia Water, Sunningdale, Ascot and Windsor cater for everyday shopping requirements.
3. Education is phenomenal with many renowned private schools akin to Eton Faculty, Heathfield, Papplewick, Sunningdale, St Mary’s Ascot, St Georges Ascot and St John’s Beaumont. In addition, there are two international colleges, ACS in Egham and TASIS in Thorpe.
4. And lastly I would suggest the social activities. Sporting amenities within the area are quite a few with many golf and country clubs in addition to Ascot Race course and Polo at Smiths Garden in Windsor Nice Park. There is in fact the famous golf clubs at Sunningdale and Wentworth, with its swimming pools, eating places, tennis courts and well being membership which is in the identical league as St Andrews and is solely a touch of class in the area - general it is only a actually terrific place to live”
Virginia Water is the one place exterior of London to make it into the highest 10 most expensive postcodes. The GU25 area is ranked sixth general in the nation, with houses in the space changing fingers for a median of £920,000. For a median property price this is fairly one thing however a conservative estimate in line with James who's at the moment advertising and marketing several properties across the £10 million value bracket.
Presently the portfolio of properties accessible for sale at Barton Wyatt has a median worth of approximately £2.36m. This does show a slight decline in current months; leafy Virginia Water, like the rest of the nation, has not escaped the effects of the downturn with its fair share of properties having their prices diminished to reflect the market status. That is now turning around within the space but you possibly can still decide up a relative ‘cut price’ in Virginia Water as prices readjust as soon as more.
An instance of that is Bryher, a a lot cherished household home which has the fabulous addition of a detached three mattress cottage. This residence would suit many household situations and has been decreased from £3.5 million to £2.95 million. For those with a £10 million property price range then Hole Lane is the proper house, thoughtfully designed with a room for almost every thing - wine, laundry, games, vegetation, spa and health club - you even get £500,000 change.
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For more information on property in Surrey contact Barton Wyatt on 01344 843000 or go to www.bartonwyatt.co.uk .