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 attract the wealthy and well-known more than others; is this a Surrey secret or does the rest of the nation and even the world know about these hidden gems of magnificent properties in Surrey? Simply this week Virginia Water hit the headlines for having streets amassed with millionaires, is it an overspill from London or are there other existence and property attraction factors at play?

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

“There are a number of components that make folks want to come and dwell here - none of which embody Virginia Water being an overspill from London, on the contrary, wealthy business folks move out of London to the likes of Virginia Water deliberately to enhance their normal of family living. We even have a lot of foreign patrons who've been attracted by the exclusivity of the realm and its distinctive residing; worldwide patrons are drawn mainly from Russia, Kazakhstan and the Far East.

1. The situation is spot on for commuters. We're just a one hour commute door to door into the City. Communications are excellent with the M25, M3 and M4 shut by giving fast access to the motorway community, London, Heathrow, Gatwick and Farnborough which permits business individuals quick and quick access to Europe and beyond.
2. Virginia Water actually is a inexperienced and nice land. There is no such thing as a beating Surrey for its beautiful countryside and the lake at Virginia Water makes this a really particular place for families to live. Plus the native centres of Virginia Water, Sunningdale, Ascot and Windsor cater for day after day purchasing requirements.
3. Schooling is phenomenal with many famend private schools resembling Eton Faculty, Heathfield, Papplewick, Sunningdale, St Mary’s Ascot, St Georges Ascot and St John’s Beaumont. In addition, there are two worldwide colleges, ACS in Egham and TASIS in Thorpe.
4. And lastly I would recommend the social activities. Sporting services in the area are quite a few with many golf and country golf equipment as well as Ascot Race course and Polo at Smiths Lawn in Windsor Great Park. There is of course the famous golf clubs at Sunningdale and Wentworth, with its swimming pools, eating places, tennis courts and health club which is in the same league as St Andrews and is solely a touch of class in the space - general it is just a really terrific place to stay”

Virginia Water is the one place exterior of London to make it into the top 10 most costly postcodes. The GU25 area is ranked sixth total within the nation, with homes within the space altering palms for a mean of £920,000. For a mean property price this is fairly one thing but a conservative estimate based on James who is at present marketing a number of properties across the £10 million value bracket.

Presently the portfolio of properties out there for sale at Barton Wyatt has a mean value of approximately £2.36m. This does show a slight decline in current months; leafy Virginia Water, like the remainder of the country, has not escaped the effects of the downturn with its justifiable share of properties having their costs reduced to reflect the market status. That is now turning round in the space but you can nonetheless choose up a relative ‘bargain’ in Virginia Water as costs readjust once more.

An instance of this is Bryher, a a lot cherished household residence which has the fabulous addition of a indifferent three mattress cottage. This house would swimsuit many family situations and has been decreased from £3.5 million to £2.95 million. For these with a £10 million property budget then Hollow Lane is the perfect home, thoughtfully designed with a room for nearly every thing - wine, laundry, video games, crops, spa and gymnasium - you even get £500,000 change.

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

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