Bexleyheath Property Hotspot - Bursted Wood catchment area outperforms Bexleyheath average by 32.47%
I was having a chat with a Bexleyheath property investor the other day, when he asked if schools, especially primary schools, affected the local property market in terms of demand from buyers and tenants to a property. Anecdotally, I have always known this to be true, a good school creates good demand and good demand does affect house prices. So, I asked my colleagues on the front line, who take the phone calls from people putting themselves on our mailing list and they confirmed that most people cite location as their number one factor. After looking through our mailing list, it confirms there is a close correlation between the high demand areas of Bexleyheath and the close proximity to a good primary school. Talking to my team in a recent morning meeting, they agreed many people would look to increase their budget quite significantly, whilst others would consider downgrading their property requirements to be close to a good primary school. Those of you...