Renewed Focus On Commuter Towns And What They Offer

18th May 2021 posted in BUYERS TENANTS

With demand for property being high at the moment, and greater freedom in where people can live with respect to work, a lot of areas are experiencing fresh, and heightened, demand.

Areas which are known as being commuter towns are still in the mix for buyers. Even if remote working reduces the need for people to commute daily, it is likely people will still want to stay relatively connected to their place of work, and the heart of the capital.

Biggleswade is well connected

With some journeys between Biggleswade and London Kings Cross taking just over 40 minutes (with some peak-time services taking 35 minutes), this is an excellent option for many would-be buyers.

While heading to and from the heart of London is a crucial factor in whether an area is desirable for commuters, it should be remembered that Biggleswade is well connected in other ways. The town is well placed for Luton Airport, and while the town centre has improved considerably in recent times, it is also close to Cambridge (roughly a 35-minute drive) which adds in a lot of shopping options.

With the A1 helping to join up journeys as well, Biggleswade has a lot to offer.

According to Rightmove, as of May 2021, the Biggleswade housing market can be described as such:

Properties in Biggleswade had an overall average price of £323,065 over the last year.

The majority of sales in Biggleswade during the last year were terraced properties, selling for an average price of £258,962. Semi-detached properties sold for an average of £315,704, with detached properties fetching £434,126.

Overall, sold prices in Biggleswade over the last year were 4% up on the previous year and 2% up on the 2018 peak of £318,006.

While the way people work is changing, and remote working is likely to be far more common, there will always be reasons to travel to and from the capital. A home in a location such as Biggleswade can help households enjoy the best of both worlds.

Leading property portals argue the case for moving out of the cities

Rightmove’s Director of Property Data Tim Bannister said: “Suburbs are also faring well as some people move further out from the centre of cities. Both sale and rental properties in city centres have been suffering over the past year as the usual appeal to live there has temporarily been taken away, leading to more stock than usual being available, but we may see these start to shift more quickly over the next few months as lockdown restrictions continue to be removed.”

Tim continued by saying; “In a traditional year there would be a couple of record days for visits or enquiries being sent by home-hunters, but the pace of the current market caused by a combination of restrictions easing, a desire for more space and people considering different locations, has led to records tumbling week after week. Last Wednesday set a record of over 9.3 million visits to Rightmove, and March saw time spent on site surpass two billion minutes in a month for the first time.”

Gráinne Gilmore, of Zoopla, said: "We have observed the time taken to sell a home changing in many areas during Covid-19 pandemic. While the number of days it takes between listing a property to agreeing a sale in one of the traditionally fastest-moving moving markets such as Manchester, Liverpool or Sheffield has stayed the same, sellers in some adjacent areas may now see their properties selling just as quickly. Buyers will have to move fast but the speed at which this stage of the buying process is moving also means that those looking to take advantage of the stamp duty holiday extension will be giving themselves the best chance of doing so.”

In line with Government guidelines, our Biggleswade branch is open and our and lettings personnel staff are on hand to assist you.  If you have any queries or need advice on property sales and lettings then please call 01767 317799 or email biggleswade@country-properties.co.uk.