A focus on Guildford

News at Townends | 01/04/2019


A focus on Guildford

Guildford is a very desirable location in Surrey with homeowners and tenants of all age groups. It is home to the University of Surrey, offers an excellent range of shops and places to eat and drinks and is within 30 miles of London.

In this weeks’ blog we take a look at the current shape of the property market in Guildford and get the inside scoop on the area from our sales and lettings Branch Managers.

The Local Area

Guildford has around 260 trains running to London Waterloo every day(1), with the fastest taking just 33 minutes. The M25 and A31 are also nearby. The town is well-serviced by several bus routes linking to the surrounding areas, including Woking and Aldershot.

Nick Flower, Sales Manager at Townends Guildford said: “Guildford naturally attracts a wide range of people, but the area is a particularly popular choice for adults with children, with over one third (35% (2)) of homes occupied by families. Our analysis also shows that a quarter (25%) of homes are single occupancy dwellings, followed by couples who populate 18% of all properties.”

Guildford’s cobbled high street offers an abundance of boutiques, designer and high street clothes shops, jewellery, beauty and electronic stores - there are also plenty of pubs and bars for an evening’s entertainment.

The River Wey is a popular location for walks, cycling, rowing and boat trips, especially in the summer months. Equally popular is Pewley Downs which leads directly to Newlands Corner – a popular beauty spot not far from Guildford’s town centre offering panoramic views over the Surrey Hills.

Sales and Lettings Prices in Guildford

The quality of living in Guildford means that property commands a consistent premium, and the property market is remaining strong in this area.

Guildford offers better value for money for buyers and tenants than London but is still within an easily commutable distance. From Guildford station it takes approximately 35 minutes to reach London Waterloo. London is also only a 30-minute drive away via the A3. The M25 and A31, both major roads, are also within reach of Guildford. There is a busy bus station in Guildford, offering services in and around Guildford as well as to many of the surrounding villages and towns such as Woking and Aldershot.

Living in Guildford

Richard Bicknell, Lettings Manager, summed up the current state of the local property market: “Guildford is still one of the jewels of the South East. The beautiful town is consistently popular with people looking to rent or buy – with both markets remaining healthy.”

“First-time buyers are tempted by sleek newbuild apartments, which generally offer better value for money than London, whilst families look to the location as somewhere to put down more permanent roots. The rental market offers the younger generation the option of living in the area, with a top-quality university on their doorstep and the bright lights of London nearby.”, continued Nick.

If you would like to know more about living in Guildford read our Guildford Area Guide.

If you are interested in buying, selling, renting or lettings property within the Guildford area, get in touch with your local experts at Townends Guildford today to see how we can help you.

 

(1) Data from https://www.thetrainline.com/train-times/guildford-to-london-waterloo, March 2019

(2) All other data sources attributed to Data Loft, March 2019.