Judging by the narrative currently being peddled by the media, it would be easy to believe that we are currently in the midst of a mass 'cooling-off' in the property sector.
Quite to the contrary, however, there are many so-called ‘golden villages’ across the country, which seem reassuringly immune to the projected housing market slump.
Within the area of Maidenhead, the likes of Bray and Holyport, for example, are defying economic predictions as buyer demand for properties in these areas continues to culminate in bidding wars, sealed bids and final sale prices that are over and above the asking price.
These so-called ‘pockets of prosperity’ are providing some level of comfort, especially for potential sellers within these areas, who can be somewhat assured of a relatively well received route to market.
As to what the most in-demand properties in these areas have in common? Period features, large gardens, rural settings and outbuildings, often for starters.
Homes with such features are hotly contested, with anything pertaining to these magic must-haves often leading buyers to delve over and above their initial budgets, if it means getting the edge in this highly competitive market.
Even properties in need of renovation - once subject to a very niche appeal - now tend to attract no shortage of eager buyers, with examples such as this property in Loddon Drive, marketed by Braxton for £700k, succeeding in locking five potential purchasers into a bidding war that resulted, ultimately, in a final sale that was substantially over the asking price.
Similarly, a property on the much-coveted Bridle Road in Maidenhead (main image) went under offer in less than a week, to one of the first five people to view this highly sought after property.
With so much uncertainty in the present-day housing market, the news of Maidenhead’s seeming resilience to wider economic influences, including surging inflation and interest rates, will no doubt be well received by the town’s residents, and in particularly those planning a near-future move.
Owners of 'family homes', especially, might expect to be in the same favourable position as the owners of this home in Winchester Drive, where a speedy transition to sealed bids effectively put paid to any concerns they might have had of a 'cooling' property market… in the 'golden village' of Maidenhead, at least.
For more details on selling your home in Maidenhead, or to receive an up-to-date valuation, contact Braxton on 01628 674234.