Guildford - Life with style
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Watch Out For
Guildford placed in UK’s Top 5 of Recession-proof Towns according to Sunday Times and Knight Frank…….
The following exerpt is from an article appeared in the Sunday Times (24 Feb).
“With economic storm clouds gathering on the horizon and whispers of a property downturn on everyone’s lips, you might not think this is the best time to buy, unless you really have to. Get the location right, however, and you should have nothing to worry about – certain areas in Britain are safe investments (well, as safe as any investment can be), almost regardless of when or, in most cases, what you buy.
So, where are these places – and why are they such a good investment? In exclusive research for The Sunday Times, Knight Frank has pinpointed the top 20 fail-safe investment towns in Britain, taking into account factors such as the affordability of housing, wages and unemployment in the area, population growth and how qualified the locals are.Ease of commuting is an important factor for all top 20 towns. Guildford, in Surrey (number five), is a prime location for those who leave London in search of a better quality of life, but continue to work in the capital.
“For those wanting a slightly easier family life, this is an obvious choice without cutting all ties to London,” says Tim Harriss, a partner in Knight Frank’s Guildford office, who estimates that 70% of his purchasers travel daily to the capital. Again, the good schools attract families and, while property prices are high – a detached family house costs between £800,000 and £2m – young singletons are moving there, attracted by new development around the station, where one-bed flats go for about £150,000.”



