Mark Collins, Area Director at Curchods, talks about the fast moving property market in Guildford, Surrey, where demand has soared.
The beautiful cobbled streets, historic buildings and famous Guildhall clock make Guildford High Street one of the most attractive in Surrey. It’s filled to the brim with a range of designer shops, cafes and restaurants, so there’s something for all ages. Its properties for sale are varied.
The town itself is situated on the banks of the River Wey and has excellent road and rail connections to the south east of England. London Waterloo can be reached in just 34 minutes from Guildford’s mainline station. As a result, record prices are being achieved for properties in the town centre and strong competition remains for flats and Victorian homes, in particular near the station. A 15 minute walk to Guildford mainline station is a top priority on many people’s property wish lists.
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Many buyers in Guildford are looking to move out of the rented market and take advantage of the excellent fixed mortgage deals that are currently available. This demand has greatly rewarded those sellers who were patiently holding out for the autumn market and who have managed to brave the traditionally slower summer months. Many family homes between £850,000 and £1,500,000 are now selling at the asking price or above, which is fantastic news for sellers.
However, keeping up with this high demand, while properties sell as quickly as they come on to the market, has resulted in a record low for property stock in the Guildford area, something which is currently being felt by all estate agents.
If you’re thinking of selling or buying within the Guildford area and you would like to find out more about the current property market, please get in touch with Curchods in Guildford.
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