House prices in Brentwood have risen by 15% in the first quarter of 2016, compared with the same time period in 2015, ahead of London’s average price rise of 13.5%* recorded in February 2016, according to a new report from Balgores Property Group, leading estate agents in Essex. (*Source: Land Registry House Price Index, February 2016).
The average house price in Brentwood is now standing at £481,375, following close behind London, which is sitting at £530,368, but well above the average house price value of £190,275 for England and Wales.
Paul Hayes, Director of Balgores Hayes, part of Balgores Property Group, commented: “Brentwood offers commuters a great work-life thanks to its two lovely country parks and excellent road and rail links. Located just outside the M25, Brentwood is equidistant from central London, Stansted and Southend. Liverpool Street is 40 minutes by train from Brentwood, while a faster service from Shenfield station, north of the town, takes 10 minutes off the journey time.
“Transport in the town will get a boost when Crossrail starts running in 2018. Brentwood and Shenfield are the final two stations in the north-east section, and passengers will be able to travel right into the West End without having use the Tube.
“Demand for property in the town is increasing and this is pushing up prices. As an affluent and star-studded town, thanks to TOWIE, it is attracting East Londoners who are snapping up two and three-bed Victorian and Edwardian cottages, modern family homes and luxury apartments.
“We have recently opened a new office at Ongar, so that we can provide our award-winning service to buyers, sellers and landlords in the town and local vicinity. We bring together a unique and unparalleled dedication to complete customer service, expertise in local property and lifestyle and an exceptional approach to marketing and communication.
“Homeowners and landlords with property in Brentwood or Ongar, will be offered advertising across both offices, creating maximum exposure, within one fee. We believe our agency will be the most effective in Ongar, for those looking to sell, or let their home.”
Launched in 2002, Balgores Property Group has quickly become established as one of the dynamic, successful and iconic estate agents in Essex and Kent, with nine offices across the two counties.
For further information, contact the Ongar office - Sales: 01277 369925; Lettings: 01277 366092; Email: ongar@balgoreshayes.com, or visit www.balgoresproperty.co.uk.
For further information, contact your local office or visit www.balgoresproperty.co.uk.
