Purchasing a residential property is usually a nightmare task for buyer. This is even more so in the economic downturn with the increased uncertainty.
To help, we have gathered a honest evaluation of the residential housing market in Maidenhead by area’s reportedly one of the most respected real estate experts: Appleton Estate Agents Maidenhead.
The Thames Valley area has always reflected the national property trend. During the property boom, Maidenhead and surrounding areas boasted significant increases in property prices easily beating the national averages comfortably. Maidenhead has not been immune to the recent real estate downturn either. The property sections of the newspaper has been a good indicator of the property market. At the worst period of the downturn, the size of the estate agency adverts dropped by 50 per cent of its usual size. As predicted, with the signs of recovery improving housing sector, the Berkshire area is also encouraging with almost as many offers being made and accepted.
As the house prices settle down to their 2007 levels, I firmly believe Berkshire area is going to be at the forefront for the continued property boom again. Here are the main rationale for this forecast:
• Maidenhead’s long history: Maidenhead has always been near the prosperous trade routes that pass nearby in addition to many historic sites, such as the Windsor Castle and the Marlow Suspension Bridge
• Transport: Maidenhead is within quick access of few significant motorways (e.g. M3) and airports (e.g. Heathrow) too.
• Commutability: Maidenhead has a big community of commuters who travel to Bracknell, Reading or Basingstoke.
• A lot of Celebrities live in Maidenhead from Michael Parkinson to Timmy Mallet who add to the attraction.
• The area is home to numerous multinational company headquarters, such as, Alcatel and 3; fuelling the employment in Maidenhead area.
• Maidenhead also has a superb selection of trendypubs to cater for every taste
To conclude both the sellers and the investors are returning to the property market in the Thames Valley region, and the South East region of England will definitely blaze the trail the housing charge again.
For further information about selling property in Maidenhead, contact Appleton Estate Agents Maidenhead.
