When one is out to buy a property there are quite a few questions that come to mind. Where to look for a property for sale in SW19? what type of property to buy? when to buy a property? The answer to a lot of these questions can be given by the buyer themselves but there are quite a few market factors that dictate these choices. These questions can be a little overwhelming and for someone who is a novice in real estate this can also be quite frustrating. We at Cribs Estates are here to help you answer these queries.
What type of Property to buy?
The London property market is overwhelming and there are sub-markets to keep up with. Do you want a flat? A semi-detached house? A terrace house? A mansion? We’ll give you a rundown of different property types available for sale in Wimbledon so you know what to look for according to your needs.
Flats are the most affordable option of housing in the UK. These are best suitable for singles or small families. Flats average at about £145,000 in Wimbledon according to current estimates.
Terraced Houses comprise of a series of similar housing units built in a line, and a terraced house is a unit within. These are one of the more popular choices of housing in the UK. Average prices for terraced house in the Wimbledon area stand around £210,000 according to current estimates.
Semi-Detached Houses, as the name suggests, are open from one side while sharing a wall with another property from the other side. Semi-detached houses in the Wimbledon area sold for an average of £265,000 in Oct-21
Detached Houses, again self-evident from the name, are stand alone properties that do not share any walls with another property. These are considered highly sought after as they are the most private housing one can own. Current average rate of detached houses in the Wimbledon area has been estimated to be around £402,000 as of Oct-21.
Where to look for a property to buy
Property value mainly depends upon the area it is in. Looking for a house in a good school district? Be prepared to pay a good amount than the usual. Similarly other factor like parks and good commercial access will draw the property value to a higher figure. When looking to for properties for sale in Wimbledon you must keep these different factors in mind and look for the properties best suited to your needs and budget. You can have a look at our Wimbledon property listings and when ready you can talk to one of our friendly and experienced team members to get a better understanding of your available options.
Of course, you can decide to buy a property by yourself without getting the services of a professional real estate agency but then you’ll have to keep up with all the legal complications and paperwork, evaluation of market rates and some other stuff the majority of buyers don’t even know about. This is why it’s convenient and even cost effective to let a professional real estate agency like Cribs Estates do the dealing for you. We’ll be handling all the legal issues and paperwork for you, and we’ll be working with you to break a deal that works for all parties involved. By trusting us with your purchase you can sit back and relax while we do all the hard work FOR YOU.
What is the right Time to look for a property for sale in Wimbledon?
The answer to the question “what is the best time to buy a property” is surely best answered by yourself as it heavily depends upon financial and motivational factors. But there is no doubt that right now is a good time to buy a property in Wimbledon area as the average price of properties in Wimbledon stood at almost £800,000 in October-21. This is a decrease of 1.32% from 12 months ago. Flats are down 3% and terraced houses down by 6.15% since 12 months ago.
With these trends it is evident that you’re in the right place at the right time. Real estate in an area like Wimbledon is hard to predict so if you’re looking to buy a property, do it now.
We at Cribs Estates have over 10 years of experience in the local real estate market. With our customer centric approach to real estate, we make sure that our clients are satisfied with our services and we go to extreme lengths to achieve that goal. You’ll always find us to be friendly, helping, caring and understanding of your situation and demands.
If you’re still unsure or still have questions you can contact us on 0203-441-1571 or email info@cribsestates.co.uk to chat with one of our experienced members.
