Rob Clark is Manager of Alexanders West Bridgford Branch
West Bridgford is a popular and thriving family orientated community, home to Nottinghamshire County Cricket Club and boasting several excellent schools and academies, local independent shops, bars and farmers markets, all which play a vital part in sustaining a buoyant property market.
Properties within this sought after town vary as much in style and proportion as they do in value and desirability. In 2016 we have seen a rise in demand for homes within West Bridgford and the surrounding areas for those commuting to nearby towns and cities for work, providing a central base with excellent facilities.
The increased demand for family homes has surpassed all expectations, and we have since witnessed a rise in new homes and extensions to current properties to create further living space.
Brexit, the strength of the pound and interest rates all give rise to uncertainty within the property market, however, not to dismiss any of these factors, people continue to believe in the investment of property and this motivation keeps our market moving. This being said, agents should certainly be mindful of this trending criteria when valuing property, as we have seen an increase in down valuations on properties in highly desirable locations.
Whilst schools and academies retain their outstanding Ofsted levels, property will continue to benefit from this alongside the thriving business community and excellent local amenities which draw buyers to this increasingly popular town.
Rob Clark, Alexanders West Bridgford, 0115 851 2211