Surrey Millionaires - Why they live in Surrey

Why do they like having a property in Surrey? Surrey dwellers know that there are explicit areas of the county that appeal to the rich and famous more than others; is that this a Surrey secret or does the rest of the country or even the world find out about these hidden gems of magnificent properties in Surrey? Just this week Virginia Water hit the headlines for having streets amassed with millionaires, is it an overspill from London or are there other lifestyles and property attraction factors at play?

James Wyatt, Senior Partner of Virginia Water estate agency Barton Wyatt informs us:

“There are several elements that make people wish to come and reside right here - none of which embrace Virginia Water being an overspill from London, quite the opposite, wealthy enterprise people transfer out of London to the likes of Virginia Water intentionally to enhance their commonplace of household living. We also have a lot of foreign consumers who've been attracted by the exclusivity of the world and its distinctive living; international patrons are drawn primarily from Russia, Kazakhstan and the Far East.

1. The location is spot on for commuters. We are only a one hour commute door to door into the City. Communications are glorious with the M25, M3 and M4 close by giving quick entry to the motorway community, London, Heathrow, Gatwick and Farnborough which allows enterprise people quick and easy access to Europe and beyond.
2. Virginia Water really is a green and pleasant land. There is no beating Surrey for its gorgeous countryside and the lake at Virginia Water makes this a really particular place for families to live. Plus the local centres of Virginia Water, Sunningdale, Ascot and Windsor cater for each day buying requirements.
3. Schooling is outstanding with many renowned personal schools resembling Eton School, Heathfield, Papplewick, Sunningdale, St Mary’s Ascot, St Georges Ascot and St John’s Beaumont. In addition, there are two international schools, ACS in Egham and TASIS in Thorpe.
4. And lastly I would suggest the social activities. Sporting amenities within the area are quite a few with many golf and country golf equipment in addition to Ascot Race course and Polo at Smiths Garden in Windsor Great Park. There's of course the well-known golf golf equipment at Sunningdale and Wentworth, with its swimming pools, restaurants, tennis courts and well being club which is in the same league as St Andrews and is simply a touch of class in the area - general it's only a really terrific place to stay”

Virginia Water is the only place outside of London to make it into the top 10 most expensive postcodes. The GU25 space is ranked sixth general within the nation, with houses in the space altering hands for an average of £920,000. For a mean property value this is fairly something but a conservative estimate in keeping with James who is currently advertising a number of properties across the £10 million worth bracket.

At the moment the portfolio of properties available for sale at Barton Wyatt has a median worth of roughly £2.36m. This does present a slight decline in latest months; leafy Virginia Water, like the rest of the nation, has not escaped the consequences of the downturn with its fair proportion of properties having their costs lowered to mirror the market status. That is now turning round in the space but you'll be able to nonetheless choose up a relative ‘cut price’ in Virginia Water as prices readjust once more.

An example of that is Bryher, a much loved household house which has the fabulous addition of a detached 3 mattress cottage. This dwelling would go well with many household conditions and has been diminished from £3.5 million to £2.95 million. For those with a £10 million property budget then Hole Lane is the right house, thoughtfully designed with a room for almost every part - wine, laundry, video games, plants, spa and fitness center - you even get £500,000 change.

Article Source: http://www.newsarticlessite.com

For more information on property in Surrey contact Barton Wyatt on 01344 843000 or go to www.bartonwyatt.co.uk .

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