Are you considering buying a property in Brentwood?
Considering buying a property in Brentwood and need a mortgage?
According to Zoopla estimates, the average price for property in Brentwood stood at £522,040 in October 2020. This is a rise of 0.18% in the last three months (since July 2020) and fall of 2.20% since 12 months ago.
In terms of property types, flats in Brentwood sold for an average of £288,515 with a fall in value of 2.93% over the last 12 months.
The average sale price received for terraced houses over the same period is £367,788 with a fall in value of 0.85% over the past 12 months.
Semis are selling on average at £475,097 and with a fall in value over the previous 12 month period of 2.84%.
And detached houses are on average selling at £819,156 – that’s approximately 4.77% less than 12 months ago.
Brentwood is a popular place to live
Brentwood has several areas with outlying villages. One of which is Warley. This village is close to Brentwood station where the fast train to London’s Liverpool Street takes around 38 minutes. The average property in Warley is selling at £446,388 which is approx. a 2.2% decrease in value over the past 12 months.
In Shenfield the average price paid for a home is £739,753 and average values have fallen by 2.2% over the past 12 months. There is a fast train to Liverpool Street from Shenfield Station and the journey takes about 28 minutes.
Crossrail commuters to central London will enjoy travel times to Bond Street in 48 minutes from Shenfield and 44 minutes from Brentwood.
With many home purchasers now showing a preference to moving out of densely populated city areas since COVID-19, the rise in popularity of towns like Brentwood and its semi-rural setting is increasing. Average prices have increased by .18% over the past 3 months.
A move to a home where it is easier to get out into green areas and with space to work from are amongst the top priorities of around 40% of first-time buyers.
The approximate population of Brentwood is 55,000 and with its boutique-town feel, with plenty of independent shops, makes Brentwood an attractive and popular place to live.
There are fast trains to Liverpool Street from Shenfield station that take about 28 minutes, while trains from Brentwood to Liverpool Street take about 38 minutes.
Buckingham James is one of the leading mortgage brokers in Brentwood and will help you with your mortgage requirements.
Call today for a free initial consultation and save yourself time, money and the stress trying to find the mortgage arrangement that is just right for you.
Call Buckingham James – your local mortgage and insurance broker based in Brentwood.
* subject to meeting lending requirements.