VP Most Wanted – Our Top Selling Properties
By Charlie Higgs – Owner of Village Properties
Despite the undoubted difficulties we all face with the increase in the cost of living, fuel prices and recent increases in interest rates. The local property market across our offices in the Tilehurst and Twyford areas of reading remains very active, and to date, is largely unaffected by the more general economic uncertainty.
Looking further afield, at the property market nationally, I read with interest in the latest ‘House Price Index’ from property portal Rightmove, which confirms, despite the negative media speculation, that the average asking price of properties coming on to the market has increased for the fourth consecutive month to a new all-time record of £367.501 (nationally), representing a 2.1% increase on the month.
The house price index also shows that asking prices are now £55,000 higher than pre-pandemic prices…
The local property market is a common talking point, it’s an often hotly debated after-dinner conversation for many people. It’s a very British thing to discuss how much your home is worth and looking to see what neighbouring homes are selling for. Even those not necessarily looking to buy or sell in the near future.
With the continued sombre media speculation on the current state of the UK property market, I’m increasingly asked what types of properties are selling well and what is likely to attract high buyer demand?
This is not an easy question, as almost any property can fit into the bracket, price is often the key and setting the price as high as possible doesn’t always achieve the best results. Below are some examples of properties that we’ve recently sold, that have attracted high buyer demand.
Long Lane, Tilehurst, Reading – Guide Price £1,500,000 – SOLD
Viewings: 15, Offers: 3, Now Sold
Kendrick Gate, Tilehurst, Reading – Guide Price £1,500,000 – SOLD
Viewings 11, Offers: 5, Now Sold
Mapledurham Drive, Purley On Thames – Guide Price £750,000 – SOLD
Viewings 28, Offers: 4, Now Sold (over asking price)
Wintringham Way, Purley On Thames – Guide Price £795,000 -SOLD
Viewings 10, Offers 3, Now Sold (over asking price)
Chapel Hill, Tilehurst – Guide Price £700,000 – SOLD
Viewings 10, Offers 2, Now Sold
Weald Rise, Tilehurst – Guide Price £600,000 – SOLD
Viewings 21, Offers 3, Now Sold